OFF MARKET

104/2-8 Akuna Street
City ACT 2601

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 29m2
Land area: 2306m2
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Property Details for 104/2-8 Akuna St, City

104/2-8 Akuna St, City is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1972. The property has a land size of 2306m2 and floor size of 29m2. While the property is not currently for sale or for rent, it was last sold in June 2009.

Building Type
Unit
Year Built
1972
Floor Size
29m2
Land Size
2306m2
Local Government
Canberra Central
Lot/Plan
CITY: Block 13, Section 12, Unit 104

Last Listing description (April 2022)

Are you looking for the perfect investment or first home buyer opportunity? Look no further than this perfectly located studio apartment. Situated in the ever popular Nesuto apartment complex in the heart of Canberra CBD, this apartment offers access to superb facilities such as a large indoor swimming pool, well equipped gym and rooftop tennis court.

The furnished studio offers an open plan layout, a fully functional kitchen and a modern bathroom including a full size bath. Rounding out offerings are the study nook and sundrenched balcony with city views. While there is no allocated car space for this unit, the superb location and proximity to numerous transport options make getting around a breeze.

Located only moments from Canberra Centre, the nightlife and some of the most popular restaurants this location is sure to appeal to first home buyers, mobile professionals and investors alike.

Priced to move quickly an immediate inspection is a must!

Features

Vacant and ready to move in now
Open plan living area including an elegant study nook
Fully equipped kitchen with ample storage, stone benchtop and stainless-steel appliances
Dishwasher and fridge included
Built in robe with mirrored sliding doors
Modern bathroom featuring a full-size bath
European style laundry
Washing machine and dryer provided
Furnished (bed, bedside tables, chairs included)
Reverse cycle air conditioning

Building facilities (see note 1)

Fully equipped gymnasium
Tennis court
Indoor swimming pool
24-hour reception

Key figures (all approx.)

Living area 26m2
Balcony 5m2
Total apartment 31m2
Estimated rental return $390 to $410 p/w
Body corporate $1,111.06 p/q
EER: 6

Note 1: building facilities are subject to body corporate control, maintenance requirements and Covid-19 restrictions (when applicable)

Property History for 104/2-8 Akuna St, City, ACT 2601

A timeline of how this property has performed in the market
Last Sold
$195,000
17 Jun 2009
Listed for Rent
$340/w
14 Dec 2020
  • 11 Mar 2022
    Listed for Sale Offers over $215,000
  • 30 Jul 2020
    Listed for Rent $330 / week
  • 24 Jul 2018
    Listed for Rent $380 / week
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About City 2601

The size of City is approximately 1.4 square kilometres. It has 8 parks covering nearly 9.9% of total area. The population of City in 2011 was 2,824 people. By 2016 the population was 4,261 showing a population growth of 50.9% in the area during that time. The predominant age group in City is 20-29 years. Households in City are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in City work in a professional occupation. In 2011, 29.9% of the homes in City were owner-occupied compared with 30% in 2016.

City has 3,283 properties. Over the last 5 years, Houses in City have seen a -6.14% decrease in median value, while Units have seen a 12.78% increase. As at 31 October 2024:

  • The median value for Houses in City is $584,044 while the median value for Units is $574,883.
  • Houses have a median rent of $610 while Units have a median rent of $650.
There are currently 46 properties listed for sale, and 46 properties listed for rent in City on OnTheHouse. According to CoreLogic's data, 146 properties were sold in the past 12 months in City.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.