OFF MARKET

1204/25 Edinburgh Avenue
City ACT 2601

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 59m2
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Last updated 16 Sep 2024
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Property Details for 1204/25 Edinburgh Ave, City

1204/25 Edinburgh Ave, City is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. The property has a floor size of 59m2.

Building Type
Unit
Year Built
2013
Floor Size
59m2
Local Government
Canberra Central
Lot/Plan
CITY: Block 40, Section 106, Unit 55

Last Listing description (March 2024)

Explore this exquisite and expansive residence nestled within the prestigious Nishi building, renowned for its proximity to cultural gems like the Palace Electric Cinema, Nishi Gallery, and the culinary delights of Monster Kitchen. Located within a leisurely stroll of the Australia National University, Civic center, Lake Burley Griffin, charming cafes, vibrant galleries, lush parks, delectable restaurants, and much more.

Elevated on the 12th floor, this apartment boasts breathtaking vistas of iconic landmarks, including the Telstra Tower, Lake Burley Griffin, and the majestic Black Mountain. Sunlight floods the open-plan living area, creating a warm and inviting ambiance. The winter garden extends the living space, offering a serene retreat to relish the scenic beauty.

The contemporary, open-plan kitchen is thoughtfully designed with top-tier appliances, ample storage, and a generously sized pantry, all crowned by sleek stone countertops.

Designed by the esteemed Fender Katsalidis, this complex prioritizes cross-flow ventilation and energy efficiency, ensuring a sustainable and comfortable living environment.

Currently leased for $480/week to Jan 26th 2024 , this property presents a remarkable opportunity for those seeking a home with unparalleled vistas or a savvy investment. Reach out to us for additional details and secure your appointment today to experience this extraordinary abode firsthand.

Features:

Level 12 with stunning views
Winter Garden floor plan
Abundant sunlight
Floor to ceiling sliding door, double glazed
Full height tiles in Bathroom
European-style laundry including dryer
Secure Carpark with storage
Centralized location

Particulars (all approx.)
Living: 59 m2 + Winter Garden: 9 m2
Year Built: 2012
Strata: $1,029/quarter
Rates: $484/quarter
Landtax: $596/quarter
Current Lease: $480/week fix term lease to Jan 26th, 2024
EER: 6.0

DISCLAIMER
We have obtained all information provided here from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations and satisfy themselves of all aspects of such information including without limitation, any income, rentals, dimensions, areas, zoning and permits. Any figures and information contained in this advertisement are approximate and a guide only and should not be relied upon for financial purposes or taken as advice of any nature. Individuals, Self-Managed Super Funds, companies, anyone or entity, should make their own inquires and seek their own advice and rely only upon those inquiries and advice.

Archer does not guarantee the accuracy of the information above and are not financial advisers or accountants and do not provide any of the above information as advice of any nature.

Property History for 1204/25 Edinburgh Ave, City, ACT 2601

A timeline of how this property has performed in the market
Listed for Rent
$450/w
01 Feb 2022
  • 14 Sep 2023
    Listed for Sale $499,000+
  • 06 Sep 2023
    Listed for Rent $450 / week
  • 25 Jan 2022
    Listed for Rent $450 / 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 3,318 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 44 properties listed for sale, and 38 properties listed for rent in City on OnTheHouse. According to CoreLogic's data, 140 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.