OFF MARKET

1517/25 Edinburgh Avenue
City ACT 2601

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 109m2
Land area: 2887m2
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Property Details for 1517/25 Edinburgh Ave, City

1517/25 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 2887m2 and floor size of 109m2.

Building Type
Unit
Year Built
2014
Floor Size
109m2
Land Size
2887m2
Local Government
Canberra Central
Lot/Plan
CITY: Block 40, Section 106, Unit 19

Last Listing description (October 2023)

Introducing Fred: a 102m2, 2-bedroom ensuite residence located at the vibrant heart of NewActon. This exceptional apartment showcases opulent living with a current rental income of $800/week until July 2024, providing a full year of taxable benefits for potential owners looking to invest before they move in.

Step inside to discover an elegant and sunlit open-plan living space. The well-appointed kitchen features seamless cabinetry, high-end appliances, and generous bench space, inviting culinary creativity.

Your bedroom offers a serene retreat after a busy day, while the lavishly designed bathroom promises relaxation and rejuvenation. But the true gem of Fred is the unparalleled view from the balcony a breathtaking panorama of Lake Burley Griffin and the Brindabella Ranges, perfect for morning coffee or evening wine.

As a resident of the Nishi Building, you'll benefit from a thriving community in an award-winning, environmentally-conscious setting. Beyond the building, NewActon's vibrant neighbourhood offers cultural richness, fine dining, cafes, and boutique shopping just steps away.

With its unbeatable location and luxurious design, this 2-bedroom penthouse presents a prime investment opportunity for those seeking elevated living. Don't miss out on making this masterpiece your own.

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.

Key Features:
- 2-bedroom penthouse with 102m2 of living space
- Two side-by-side carparks with additional storage
- Stunning lake and mountain views
- Walking distance to the Australian National University (ANU)
- Current rent at $800 per week until July 2024
- Annual body corporate fee: $6,929
- Annual rates: $1,724
- Land tax (if rented): $2,014

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Property History for 1517/25 Edinburgh Ave, City, ACT 2601

A timeline of how this property has performed in the market
Listed for Rent
$800/w
22 Jul 2023
  • 10 Jul 2023
    Listed for Rent $800 / week
  • 15 Apr 2020
    Listed for Rent $680 / week
  • 08 Apr 2019
    Listed for Rent - Price not available
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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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