OFF MARKET

1502/2 Marcus Clarke Street
City ACT 2601

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 109m2
Land area: 7982m2
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Property Details for 1502/2 Marcus Clarke St, City

1502/2 Marcus Clarke St, City is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1992. The property has a land size of 7982m2 and floor size of 109m2.

Building Type
Unit
Year Built
1992
Floor Size
109m2
Land Size
7982m2
Local Government
Canberra Central
Lot/Plan
CITY: Block 8, Section 8, Unit 1502

Last Listing description (November 2021)

Spaciously appointed, this beautiful fifteenth-floor apartment offers a north-east aspect with stunning, panoramic views from every window to Mt Ainslie, Mt Majura, the War Memorial, the leafy suburb of Campbell and the hills beyond. Relax with an evening beverage from your balcony or enjoy the cafes, restaurants, nightlife, theatre, and shopping at your doorstep.

Originally a three-bedroom apartment but featuring the same living space, this sophisticated, beautifully presented home offers ample living space for entertaining, open-plan living and dining, while a tasteful modern colour palette combined with quality finishes and appliances, create a neutral space to complement any dcor.

The sought-after Capital Tower completes the picture with lifestyle facilities including barbecues set in the landscaped courtyard, heated swimming pool, squash courts, tennis courts and a well-equipped gym.

No 1502 is situated within walking distance to ANU, Civic Shopping Centre, numerous restaurants and cafes, ACT Law Courts, National Australian Museum, Cinemas, and a variety of Major attractions.

Additionally, the new Acton Waterfront Project, just a short stroll across the Parkes Way footbridge, envisages a vibrant cultural and entertainment precinct on the waterfront promenade. The area will create a new city neighbourhood, extending and linking the city to the lake with a cosmopolitan mixture of shops, businesses, cafes, new recreational areas, public facilities, tourist activities and dedicated pedestrian and bike paths, all set among shade trees and other extensive landscaping.

Offering space, luxury, convenience and incredible views in the heart of the City, this lifestyle home is ideal for those wishing to downsize, the astute investor or the executive couple.

Features:
Located on the 15th floor of highly sought-after Capital Tower
Stunning, panoramic views from every window to Mt Ainslie, Mt Majura, the War Memorial, the leafy suburb of Campbell and the hills beyond
North-East solar orientation
Living space 108m2 plus balcony
Originally a three-bedroom apartment but living space remains the same
Open-plan living and dining
As new carpet
As new blinds
Beautifully updated kitchen with lots of cupboards, Bosch dishwasher, oven, cooktop and 'Corian' benchtops
Balcony off dining room with stunning views
Two large bedrooms, both with robes
Master bedroom with a walk-in-robe and updated ensuite
Ensuite window opens out
Exquisite bathroom
Two reverse-cycle heating and cooling, servicing the unit independently
Airconditioning running costs are included in the body corporate fees
Concealed ceiling fans throughout the apartment
New two-year old 'Everhot' electric hotwater system
Security access to the building
Two secure basement parking spaces, side by side
Storage unit
Capital Tower features include concierge, large lobby, a heated swimming
pool, barbeques, tennis courts, squash courts, a well-equipped gym
and beautiful landscaped grounds
Ideal for those wishing to downsize, the astute investor or the executive couple.

Internal Area: 108 m2
Rates: $2,767.40 yearly
Land Tax: $3,239.91 yearly (if rented)
Body Corporate: $2,776.79 quarterly

Property History for 1502/2 Marcus Clarke St, City, ACT 2601

A timeline of how this property has performed in the market
  • 29 Oct 2021
    Listed for Sale EXPRESSIONS OF INTEREST
  • 25 Feb 2016
    Listed for Sale $640,000+

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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 3,285 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.