OFF MARKET

138/20 Allara Street
City ACT 2601

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 138/20 Allara St, City

138/20 Allara St, City is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in April 2021.

Building Type
Unit
Local Government
Canberra Central
Lot/Plan
CITY: Block 18, Section 12, Unit 138

Last Listing description (July 2024)

Welcome to the ultimate city lifestyle! Discover this stunning and spacious apartment located in the prestigious Park Avenue building. Enjoy the convenience of city living with easy access to a wide range of amenities, including Canberra Centre, restaurants, cafes, shops, medical centers, public transport, and the Australian National University.

Boasting an impressive North-West facing aspect, this apartment captures an abundance of natural light throughout the open plan living area. Entertain guests on the large balcony overlooking leafy views or simply relax and enjoy the serenity.

The generously sized bedroom features built-in wardrobes. The modern open-plan kitchen is equipped with high-quality appliances, ample storage and stone benchtop.

Residents of the Park Avenue building enjoy access to a spacious foyer, podium garden with undercover BBQ area, and a fully equipped gym. Additionally, the resident lounge can be used for events, providing the ultimate in luxury and convenience.

This apartment is currently leased $560/week to Aug 14th, 2024, making it a fantastic opportunity for those seeking a stylish city lifestyle or a great investment opportunity.
Contact us for more information and book an appointment today to experience luxury living in the heart of the city center!

Features:

Level 14 with stunning views
North-west facing
Floor to ceiling window and sliding door
Ducted R/C air-conditioning
Full height tiles in Bathroom
Double glazed windows and sliding doors
Built-in robe bedroom
European-style laundry including dryer
Gym, resident lounge and BBQ facilities
Secure Carpark with storage
Centralized location next to Canberra Center

Highlights
Franke, Swiss, kitchen system- Tectonite single bowl, pull-out spray kitchen mixer
Franke, Swiss, 10 function oven, ceramic cooktop, integrated microwave, oven,
dishwasher
Kitchen has stone benchtops, splashbacks and soft close joinery
Laundry includes Haier washing machine and condenser dryer
Bathroom fitted with Parisi inclusions and custom joinery
Clean balconies free of A/C condenser

Particulars (all approx.)
Living: 58 m2 + Balcony: 7 m2
Year Built: 2021
Strata: $933/quarter
Rates: $446/quarter
Current Lease: $560/week to Aug 14th 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 138/20 Allara St, City, ACT 2601

A timeline of how this property has performed in the market
Last Sold
$479,900
07 Apr 2021
Listed for Rent
$520/w
27 Jul 2022
  • 05 Mar 2024
    Listed for Sale By Negotiation
  • 13 Jul 2022
    Listed for Rent $520 / week
  • 26 Nov 2021
    Listed for Rent $510 / 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 3,285 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, 138 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.