OFF MARKET

11/240 Bunda Street
City ACT 2601

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Last updated 11 Nov 2024
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Property Details for 11/240 Bunda St, City

11/240 Bunda St, City is a 1 bedroom, 1 bathroom Unit.

Building Type
Unit
Local Government
Canberra Central

Last Listing description (October 2022)

GREAT LIVE IN OR EXTEND LEASE OPPORTUNITY

This one bedroom opportunity is in the amazing Manhattan development on Bunda street in the City. The apartment for sale is on level 11 with a perfect N/E aspect centrally positioned in the middle of the development over looking the outdoor oasis. Large sized bedroom, An abundance of storage through the kitchen and walk way and beautiful light colour scheme throughout the apartment. Underground secure car park and storage cage.

* Leased with DHA only until January 2023

* Great central location with fantastic views
* Open plan style living/kitchen area with double glasses doors to the outdoor balcony area
* Kitchen with gas cook top and built in microwave
* Large sized main bedroom with BIR
* European laundry

Contact Josh Yewdall to arrange a private viewing appointment.

DHA Lease: Expires January 2023
Rent: $520 per week (with annual reviews on 1 January each year for increase)

This property is for sale on behalf of a Defence Housing Australia lessor and has a Defence Housing Australia lease in place. Visit dha.gov.au to read about the benefits of investing in Defence Housing Australia property.

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Property History for 11/240 Bunda St, City, ACT 2601

A timeline of how this property has performed in the market
  • 13 Oct 2022
    Listed for Sale $525,000

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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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