SOLD
Sold on 15 Jan 2024 for $850,000

1522/240 Bunda Street
City ACT 2601

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 88m2
Sold By
Independent Inner North & City
Save

Property Details for 1522/240 Bunda St, City

1522/240 Bunda St, City is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2013. The property has a floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Unit sold in City in the last 12 months.

Building Type
Unit
Year Built
2013
Floor Size
88m2
Local Government
Canberra Central
Lot/Plan
CITY: Block 1, Section 52, Unit 17

Last Listing description (November 2023)

Located in one of Canberra's most iconic apartment complexes " Manhattan on the Park' this contemporary 2-bedroom ensuite apartment has the WOW factor.

The location is incredible. It's inner-city living at its finest. At your doorstep, you have all that city life has to offer. Some of Canberra's best Cafe's, coffee shops, and restaurants are all within a short stroll. The Canberra Centre shopping precinct lies across the street. The beautiful Glebe Park sits on the eastern side of the complex plus being within proximity to the CBD"s offices and workplaces.

The development is an amazing mix of striking contemporary design, thoughtfully planned common areas and practical private facilities. Manhattan on the Park is undoubtably one of Canberra's most recognisable and loved developments. You'll feel like you're coming home to your own 5-star resort. It really is so impressive.

Now for the apartment. When the current owner selected this apartment, they wanted a high floor apartment with a stunning view. Located on the 15th floor the views to are truly incredible.
Lake Burley Griffin, Parliament House and the parliamentary triangle are the centre piece of what is a stunning outlook.

The apartment has a spacious 2-bedroom ensuite layout. The internal living space is versatile and spacious with thoughtful consideration given to the dcor and the finishes. The high ceilings give this property a feeling of grandeur. New Oak styled hybrid flooring, freshly painted and updated lighting add to the prestige that has made the Manhattan complex a highly desirable and liveable inner-city residence.

The living space is an open plan design and has a seamless flow to and from the designer kitchen. The kitchen is opulent yet practical and features stylish stone bench tops, stainless steel Bosch appliances and an abundance of cupboard and bench space. There's a lovely connection between the indoor and outdoor areas with full height sliding doors leading from the internal living area to a large private balcony. A perfect place to entertain or relax and take in one of the best views I've seen in Canberra.

The two bedrooms are generously proportioned. The main bedroom will fit a king-sized bed and features a large built-in robe. Again, the view from this room is breathtaking. There's sliding door access from the main bedroom to the balcony. Bedroom two features a built-in robe, is well proportioned with a window facing the Parliamentary Triangle,
Both bathrooms in the apartment showcase floor-to-ceiling tiling, custom vanities, and high-end tapware.

As you would expect there is ducted heating and cooling although with a 6 Star energy rating the summer and winter bills will be minimal. There's secure basement car parking for 2 vehicles and two generous storage cages.

A perfect property for a discerning downsizer or professionals looking for one of the finest Inner City executive residences. An astute investor thinking this could be the perfect home for the perfect lifestyle some time down the track will see the appeal this property presents.

Features:

High Floor executive apartment
Beautiful aspect with Stunning views of Lake Burley Griffin and the Parliamentary triangle
Generous 88m2 of living space plus a 16m2 balcony
Modern kitchen with waterfall stone benchtop
Versatile design with segregated bedrooms
High-end quality inclusions throughout
Double glazed floor to ceiling windows
Ducted heating & cooling (No air conditioning unit on the balcony)
Colour CTV Intercom access
Two side by side car parking spaces with two large storage lockers adjacent
25 meters heated swimming pool, spa & gymnasium with shower facilities
Central location in the vibrant CBD

Essentials:

EER: 6 stars
Living size: 89m2
Balcony: 17m2
Rates: $521.38 pq
Land tax: $634.51 pq
Strata Company: Grady Strata
Strata Levies: $1,857.65 pq
Age: Built 2013

Property History for 1522/240 Bunda St, City, ACT 2601

A timeline of how this property has performed in the market
Last Sold
$850,000
15 Jan 2024
  • 15 Jan 2024
    Sold for $850,000
  • 26 Oct 2023
    Listed for Sale $879,500
  • 01 Nov 2011
    Sold for $664,900

Commute Calculator

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 3,282 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 45 properties listed for sale, and 48 properties listed for rent in City on OnTheHouse. According to CoreLogic's data, 146 properties were sold in the past 12 months in City.

Suburb Insights for City 2601

Market Insights
City Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
City Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.