SOLD
Sold on 24 Apr 2024 for $560,000

1523/240 Bunda Street
City ACT 2601

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 60m2
Land area: 4181m2
Sold By
Seminara and Co
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Property Details for 1523/240 Bunda St, City

1523/240 Bunda St, City is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 4181m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 1 bedroom Unit sold in City in the last 12 months.

Building Type
Unit
Year Built
2013
Floor Size
60m2
Land Size
4181m2
Local Government
Canberra Central
Lot/Plan
CITY: Block 1, Section 52, Unit 16

Last Listing description (May 2024)

Luxury awaits in this fully furnished one-bedroom apartment at the heart of Canberra City's vibrant shopping and lifestyle precinct with spectacular lake views. Nestled within the esteemed & award winning Manhattan on the Park building, this residence is a celebration of contemporary design and comfort.

Upon entering, the high ceilings immediately set the tone for an expansive and sophisticated living space. The kitchen is a well appointed culinary haven, featuring marble benchtops, Bosch appliances, and gas cooking. The mirror splashback adds a touch of glamour, reflecting the modern aesthetic that defines the entire apartment.

The pi?ce de r?sistance is the large alfresco balcony, providing stunning views of the city and the serene lake. Double glazing ensures a peaceful retreat from the urban bustle, making this balcony an ideal spot for relaxation or intimate gatherings.

The oversized bedroom, boasts a built-in robe and large windows that bathe the space in natural light. The bathroom is a spa-like sanctuary, adorned with Grohe tapware, offering a perfect retreat after a day in the city.

Practicality meets elegance in the enclosed laundry alcove, ensuring seamless integration of daily chores into the luxurious lifestyle this apartment affords.

Residents of Manhattan on the Park enjoy access to a range of amenities, from fitness facilities to communal spaces, enhancing the overall living experience.

For those with a discerning taste for luxury, this apartment is a statement of sophistication. Whether you're a professional seeking an urban haven or an individual with an appreciation for refined living, this residence offers a rare blend of convenience and opulence.

Manhattan's interiors are characterised by a timeless feel with natural stone finishes and floor to ceiling windows to capture the most of the surrounding.

THE DETAILS:
- Fully furnished spacious one bedroom apartment
- High ceilings
- Ducted reverse cycle air conditioning
- Marble bench tops
- Bosch appliances
- Gas cooking
- Mirror splashback to kitchen
- Large alfresco balcony with lake views
- Double glazing throughout
- Spacious bathroom with Grohe tapwear
- Enclosed laundry alcove
- Large bedroom with built in robe
- Pool, spa & gym on level 3 podium for all residents
- Rental potential $600-$650 per week
- Built in 2014

OUTGOINGS: (per quarter)
- General rates $478
- Land tax $570 (investors only)
- Water & sewerage $190
- Body corporate $1,150

Property History for 1523/240 Bunda St, City, ACT 2601

A timeline of how this property has performed in the market
Last Sold
$560,000
24 Apr 2024
Listed for Rent
$680/w
07 Mar 2023
  • 24 Apr 2024
    Sold for $560,000
  • 01 Apr 2024
    Listed for Sale Not Disclosed
  • 07 Mar 2023
    Listed for Rent $680 / 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 3,286 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, 140 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.