OFF MARKET

1211/240 Bunda Street
City ACT 2601

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 61m2
Land area: 4182m2
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Property Details for 1211/240 Bunda St, City

1211/240 Bunda St, City is a 1 bedroom, 1 bathroom Unit and was built in 2013. The property has a land size of 4182m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in December 2022.

Building Type
Unit
Year Built
2013
Floor Size
61m2
Land Size
4182m2
Local Government
Canberra Central
Lot/Plan
CITY: Block 1, Section 52, Unit 100

Last Listing description (December 2022)

Start the New Year with a new home and enjoy the location and lifestyle on offer from this elevated, inner city, apartment. You'll be pleasantly surprised with the tranquility and privacy enjoyed by this apartment thanks to the high floor and position within the building. Ideally located in the 'Manhattan on the Park 'complex, it's just a short walk to the lake for your morning exercise and your choice of nearby cafs for breakfast.

Inside, you'll find a bright and spacious, combined dining and living area with high ceilings and full-length windows providing you uninterrupted views to Mt Ainslie. The balcony is the perfect space to unwind in the evening and accessible from both living area and bedroom. The bedroom features built-in robes and space for a desk offering stunning views as you work.

The kitchen is 1st rate and fully equipped with sparkling granite bench tops and everything you'll need to cook up a feast including Bosch oven and microwave, dishwasher and gas cooking appliances to complete the picture. The island bench design allows more space to prepare meals and ample storage underneath. And don't worry about the temperature in summer or winter - there is also ducted heating and cooling to ensure all year round comfort.

'Manhattan on the Park' also offers all the facilities of a resort, with its fantastic outdoor pool, fully equipped gym and BBQ area to entertain your many guests.

Attention live in owners want early access prior to settlement and a guaranteed move in date? Well good news, we can make that happen. Your next chapter is calling your name & having a home sweet home to call your own is ready for you now. This apartment makes living cool, calm & care-free and with vacant possession and early access on offer you could be unlocking your new front door sooner than you think.

To receive a copy of the digital brochure containing the contract and much more, please send us an email and note your full name and mobile number and it will be immediately sent to you.

Features overview:
-Amazing views across Glebe Park of the War Memorial and Mt Ainslie
-East facing, light, bright, and airy
-Vacant and ready for you now, early access also available
-Ducted reverse cycle heating & cooling
-Double glazed, floor to ceiling windows
-Kitchen features, gas cooking, stone bench tops with waterfall edges, high quality Bosch appliances including dishwasher & microwave, soft close drawers, built in bins
-Double sliding doors from living area to balcony
-Large bedroom that can fit a king size bed, double built in robes and access to the balcony and space for a desk offering stunning views
-Spacious, fully covered balcony with power point
-European laundry design with dryer
-Single allocated car space plus a storage enclosure

The Manhattan on the Park development:
-Resort style living with an outdoor pool, fully equipped gym & BBQ area
-Pet-friendly (subject to body corporate notification)
-Lift access & video intercom
-Directly opposite Glebe Park and the Canberra Centre
-NBN - FTTB

The numbers:
-Level 12
-Living: 62m
-Balcony: 17m
-EER: 6 stars
-Rental potential: $560/week
-General rates: $1,283p.a.
-Water & sewerage rates: $660p.a.
-Land tax (investors only): $1,444p.a.
-Strata levies: $4,772p.a.
-Total of the Administrative and Sinking fund balance: $334,680 as 31/08/22
-Age: 9 years approx. Built 2013
-Strata manager Grady Strata
-Number of units in development: 332
-Units plan number 3941
-Developer: Amalgamated Property Group
-Builder: Chase Construction

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 pre-allocated to 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 1211/240 Bunda St, City, ACT 2601

A timeline of how this property has performed in the market
Last Sold
$540,000
20 Dec 2022
  • 20 Dec 2022
    Sold for $540,000
  • 17 Nov 2022
    Listed for Sale $540,000
  • 31 Mar 2011
    Sold for $499,900

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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 47 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.