OFF MARKET

119/264 City Walk
City ACT 2601

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 119/264 City Walk, City

119/264 City Walk, City is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2019. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
Unit
Year Built
2019
Local Government
Canberra Central
Lot/Plan
CITY: Block 17, Section 12, Unit 119

Last Listing description (November 2021)

Priced to sell NOW!!

Located in Highgate, this unit is situated in one of the City's most celebrated addresses.

Virtual tour available

Move straight in and benefit from a residence of true distinction, within walking distance to everything Canberra has to offer. Highgate is within an easy stroll to the Canberra Centre which offers premium and essential services including David Jones, Apple, Coles, Australia Post and major banks.

Enjoy a leisurely walk to Glebe Park, Lake Burley Griffin, the Casino, Braddon, Ainslie school, ANU, Canberra Grammar school, Parliamentary Triangle, Kingston Foreshore and National Art Gallery. Within 10 minutes' drive to Airport, Westfield, Canberra Hospital, IKEA, the National Zoo, not to mention Pialligo Estate and Majura Vineyards.

Desirable and immaculately presented, this one-bedroom apartment on the 6th floor offers an abundance of natural light blends seamlessly with the low maintenance dcor and colour matched finishes.

Tenants of Highgate have access to fabulous communal facilities on level 9 including a sparkling new swimming pool, BBQ area with Parliament House views, lounge/theatre, and 24/7 access gymnasium. To finish off the package is one individual car parking space with a secure storage space right next to the lifts.

The choice is yours: move straight in, or take advantage of Canberra's booming rental and BnB markets.

What does Burgess Rawson love about this apartment?
Features Include:
City-view balcony with lounge and bedroom access
Functional floor plan with an abundance of natural light
Heating and cooling air-conditioning split system - Condenser NOT on balcony
High ceiling (2.5 metres) and double-glazed windows throughout.
Enjoy peace and quiet - located away from main roads
Bespoke joinery and lighting
Chef's kitchen with integrated bar table
Franke system Tectonite large bowl with pull out spray
Stone and timber kitchen with ILVE appliances
Integrated dishwasher and microwave
Good sized bedroom with built-in wardrobe
Fly screens installed in living and bedroom
European style laundry with Haier washer and dryer
Customized double sheer curtains in living and bedroom
Pets welcome-full time building manager and cleaner
Remote access, exclusive Individual car space and storage
Rubbish chute, fully equipped gym and pool
BBQ, Lounge and Theatre
Highgate owner's community portal

Available Now and contact Ming for private inspection. Don't miss this rare opportunity!
High rental return, low vacancy rate and steady capital growth.

Internal: 55m2 (approx.)
External: 15m2 (approx.)
Body Corporate: $791.26 per quarter
Rates: $ 417.57 per quarter
Depreciation estimate: $7,682-$10,394
Rental Estimate: $560-580/wk approx.
Potential to rent the car space out for $240/month approx.

Disclaimer:
Disclaimer:
All information contained herein is gathered from third party sources we deem to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own independent enquiries and not on the information contained herein. Figures and details are subject to change without further notice.

Property History for 119/264 City Walk, City, ACT 2601

A timeline of how this property has performed in the market
Last Sold
$490,000
02 Dec 2021
  • 02 Dec 2021
    Sold for $490,000
  • 03 Nov 2021
    Listed for Sale Offers Over $453,000
  • 08 May 2019
    Sold for $420,000
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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 3,317 properties. Over the last 5 years, Houses in City have seen a -3.37% decrease in median value, while Units have seen a 17.15% increase. As at 31 August 2024:

  • The median value for Houses in City is $709,333 while the median value for Units is $584,313.
  • Houses have a median rent of $615 while Units have a median rent of $645.
There are currently 42 properties listed for sale, and 39 properties listed for rent in City on OnTheHouse. According to CoreLogic's data, 141 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.