1706/2 Marcus Clarke StreetCity ACT 2601
Property Details for 1706/2 Marcus Clarke St, City
1706/2 Marcus Clarke St, City is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1992. The property has a land size of 78m2 and floor size of 79m2.
Last Listing description (November 2023)
Needs to sell at auction - price guide $499,000+
Set in one of Canberra's Landmark residential developments Capital Tower, this quality two-bedroom residence has everything you need. Located at the fringe of the city and Lake Burley Griffin, it offers facilities that are parallel to resort-style living. With such close proximity to the New Acton arts precinct, and walking distance to the hustle and bustle of the City, the convenience of having everything on your doorstep is something very hard to replace.
The Apartment is currently managed through Accor serviced apartments offering great rental yields annually.
A great buying opportunity and a property you must inspect.
* Gross Rental revenue = $71,500
* Featuring a large kitchen.
* Two Oversized bedrooms
* Stunning terrace
* Secure Basement parking
* Ducted reverse cycle heating and cooling
* Swimming Pool
* Tennis court
* Squash court
* Gym
* Reception service
Strata Admin Fund: $1,666pq (approx.)
Strata Sinking Fund: $1,116pq (approx.)
Whilst all care has been taken to ensure accuracy in the preparation of the particulars herein, no warranty can be given, and interested parties must rely on their own enquiries. This business is independently owned and operated by Belle Property Canberra. ABN 95 611 730 806 trading as Belle Property Canberra.
Property History for 1706/2 Marcus Clarke St, City, ACT 2601
- 24 Aug 2023Listed for Sale AUCTION
- 31 Oct 2019Listed for Sale $515,000
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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 3,283 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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