1519/240 Bunda StreetCity ACT 2601
Property Details for 1519/240 Bunda St, City
1519/240 Bunda St, City is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2013. The property has a land size of 4182m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in August 2020.
Last Listing description (August 2020)
Perched up high on the penultimate 15th floor at Manhattan on the Park, #1519 boasts what is possibly the best located floor plan in the building. The layout is 1 of only 2 plans that sits perfectly at the end of the development meaning you get an incredibly long length of floor to ceiling glass to maximise the magnificent views & best of all, you have complete privacy. This level of privacy coupled with views of green is only offered in this part of the building & gives owners the ability to leave the blinds open & relax in your birthday suit, or favourite PJs if thats more your style.
The previous owners lived in & loved the unit for many years after getting in early & buying it off the plan & are now renting it through Airbnb. This means you can have the option of buying the unit fully furnished, vacant or you can pick & choose the items you would like to keep, the choice is yours. For those looking for a great investment or the flexibility of staying in the unit part time whilst maximising your income the Airbnb set up has been offering a very profitable, average income of $960/week or $4,160/month which adds up to around $50,000/year.
Leave the car at home or sell the car & enjoy the location on offer. Manhattan on the Park is positioned in the heart of Civic, directly opposite the Canberra Centre & Glebe Park. You are walking distance to everything that you could ever need with a building that offers the facilities of a resort, with its fantastic outdoor pool, fully equipped gym & BBQ area to entertain your many guests.
Please SMS 1519 to 0431 228 046 to get a detailed video walkthrough with the agent and the digital brochure containing the full marketing contract
Features overview:
- Sub penthouse, level 15
- 109m2 total living. 95m2 internally plus a 14m2 covered balcony with artificial grass
- Uninterrupted views over Glebe Park & across to Mt Ainslie
- Arguably the best located floor plan in the building offering excellent privacy
- Fully furnished, unit can be purchased with all furniture or vacant, buyer can choose
- Average Airbnb rental income of $960/week = $4,160/month = $50,000/year
- 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
- Built in study desk
- European laundry with dryer
- 2 side by side car spaces plus storage enclosure
- Flexible settlement timeframes
The Building & the Location:
- The development boasts resort style living with an outdoor pool, fully equipped gym & BBQ area
- Potential to rent each car space for $300/month, $3,600/year thats $7,200 if both were rented
- Lift access & video intercom
- NBN connected
- Pets welcome (subject to body corporate notification)
- Canberra Centre & Glebe Park literally on your doorstep
To help buyers:
- We have a solicitor pre-allocated to provide a FREE contract review.
- All offers are confidential & not disclosed to other buyers.
- After a buyer's offer is accepted, they will have ample opportunity to view the property again, finalise their loan approval & show family & friends before unconditional exchange.
- A 5% deposit is acceptable & can be paid via BPay. This is only required just prior to the exchange of contracts (generally around 2 weeks from acceptance of an offer)
Property History for 1519/240 Bunda St, City, ACT 2601
- 11 Aug 2020Sold for $680,000
- 14 Nov 2019Listed for Sale Under Contract
- 17 Mar 2011Sold for $676,900
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0About 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 3,280 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.
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