OFF MARKET

12/2 Edinburgh Avenue
City ACT 2601

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 64m2
Land area: 6923m2
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Property Details for 12/2 Edinburgh Ave, City

12/2 Edinburgh Ave, City is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 6923m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Unit
Year Built
2006
Floor Size
64m2
Land Size
6923m2
Local Government
Canberra Central
Lot/Plan
CITY: Block 2, Section 6, Unit 67

Last Listing description (September 2023)

This inner City apartment offers a large open plan living area, with upgraded modern timber flooring that looks amazing. The floor plan offers a 2-way bathroom design, spacious balcony and views into large established trees, so you will always know what season it is when you look out of your windows.

Where you live becomes a part of who you are; the atmosphere inspires you, the people on the streets influence you & the nearest caf is soon to be your favourite spot. So why wouldn't you want to live in a thriving metropolis surrounded by the culture & convenience of the city.

Welcome to 'The Metropolitan', where contemporary living is infused with comfort and ease. Situated within easy strolling distance to the City Centre, ANU, Lake Burley Griffin, the NewActon precinct and the light rail, there is always something to entertain and enjoy. This is truly a lifestyle location offering you the ability to leave the car at home and get excited about walking, biking, or scootering in your new neighbourhood. Live where you want, how you want, in the very heart of the nation's capital.

To access a copy of the digital brochure containing an explanation of our friendly sales campaign and the full contract, please send us an email and it will be automatically sent to you.

What buyers will love most:
-Great privacy with no other units looking in plus views of green into the established trees
-Large open plan design that is completely single level, no steps
- Spacious bedroom with walk-in-robe
-Modern timber flooring in the living, dining and bedroom area
-Vacant possession with the option for early access prior to settlement
-Option to include the furniture as part of the purchase (negotiable)

Apartment features:
-Modern kitchen with stone benchtops, stainless steel appliances & dishwasher, plus a large island bench that is on wheels so you can move it around giving you versatility with layout
-Open plan living which flows to a spacious balcony
- Large bedroom big enough for a king size bed with 4 x lots of mirrored robes & sliding door robes
-Reverse cycle air conditioning (heating and cooling)
-2 way bathroom design that can be used as an ensuite or separately for guest access
-Separate laundry room with dryer and linen cupboard
-1 extra-wide car space plus a Colourbond storage enclosure

The Metropolitan features:
-Resort style facilities including an Indoor heated lap pool & sauna
-Fully equipped gym over two levels
-BBQ facilities in 2 x common courtyard/entertaining spaces
-NBN - FTTB
-Secure intercom & lift access
-Rubbish chute on each level
-On-site building manager
-Pets welcome (subject to body corporate notification)
-Walking distance to an array of Canberra's trendiest cafes & bars
-Short walk to The Australian National University & scenic Lake Burley Griffin
-The upcoming, stage 2 light rail stop is located only 50m away on London Circuit

The Numbers: (approx.)
-Internal living area: 65m2
-Balcony: 9m2
-Age of unit: 16 years old (built 2007)
-Strata levies: $4,608 p.a.
-General rates: $1,837 p.a.
-Land tax (investors only): $2,192 p.a.
-Water & sewerage rates: $670 p.a.
-Rental potential: $530/wk
-Potential to rent the car space alone for $75/week or $3,900/year
-EER: 6 stars
-Strata manager: Signature Strata.
-UP 3063 with 342 units spread over 8 buildings
-Total funds saved by the strata: $3,325,424 as of 2 August 2023

To Help Buyers
-We advertise a guide price which your offer must exceed.
-Offers can be conditional (subject to finance/valuation) or unconditional and on a contract with a waiver of the cooling off (preferred)
-We have a solicitor that can provide a FREE contract review and section 17 if required
-All offers are confidential & will not disclosed to other buyers for privacy purposes.
-A 5% deposit is acceptable

Property History for 12/2 Edinburgh Ave, City, ACT 2601

A timeline of how this property has performed in the market
Last Sold
$505,000
06 Sep 2023
Listed for Rent
$430/w
17 Jan 2015
  • 06 Sep 2023
    Sold for $505,000
  • 10 Aug 2023
    Listed for Sale Offers Over $490,000
  • 30 Apr 2015
    Sold for $390,000
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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 45 properties listed for sale, and 48 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.