OFF MARKET

1214/25 Edinburgh Avenue
City ACT 2601

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Land area: 91m2
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Property Details for 1214/25 Edinburgh Ave, City

1214/25 Edinburgh Ave, City is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2014. The property has a land size of 91m2.

Building Type
Unit
Year Built
2014
Land Size
91m2
Local Government
Canberra Central
Lot/Plan
CITY: Block 40, Section 106, Unit 65

Last Listing description (June 2024)

Experience the epitome of luxury with this exquisite 2-bedroom residence, spanning an impressive 95m, designed to cater to the preferences of both live-in owners and savvy investors. Here's why you should consider making this residence your own:

1. Outstanding Lake Views: Unwind in the tranquility of uninterrupted views of Lake Burley Griffin, enhancing the ambiance of both the main bedroom and living areas. Revel in the picturesque surroundings and create a serene living experience.

2. High Yield Returns: Take advantage of the current low vacancy rates, ensuring your investment consistently outperforms expectations. Maximise returns while minimising downtime, making this residence a strategic choice for investors seeking robust financial outcomes. Anticipated unfurnished rental is $800/week.

3. Expansive Living Space: Enjoy the luxury of 95m of well-designed living space, offering both comfort and satisfaction. This residence goes beyond the basics, providing a double car space and additional storage, addressing your practical needs seamlessly.

4. High-end Inclusions: Elevate your culinary experience with top-notch Bosch kitchen appliances, including a gas stove, oven, and dishwasher. Your desires for a sophisticated and functional kitchen are met, ensuring a seamless blend of style and practicality in your daily life.

Investors and live-in owners alike will find unit 1214 Nishi , not only aesthetically pleasing but also a sound financial choice with its exceptional views, high yield potential, spacious living areas, and premium inclusions.

It's a harmonious blend of luxury, comfort, and practicality for those seeking a property that is truly unique.

At Crowthers we have a mastery of the NewActon Precinct, and it runs through our veins. Our profound comprehension of precinct dwellers' requirements sets us apart. Your needs, our priority.

By The Numbers.

All special levies have been paid
Body corporate per annum: $7,109.08
Anticipated Rent $800-$820/week
Rates per annum: $1,684
Land tax per annum (if rented): $1,535
EER 6.0

Property History for 1214/25 Edinburgh Ave, City, ACT 2601

A timeline of how this property has performed in the market
  • 22 Jun 2021
    Listed for Sale Offers Over $795,000

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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 3,286 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 44 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.