OFF MARKET

18/20 Allara Street
City ACT 2601

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Last updated 11 Nov 2024
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Property Details for 18/20 Allara St, City

18/20 Allara St, City is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Unit
Local Government
Canberra Central
Lot/Plan
CITY: Block 18, Section 12, Unit 18

Last Listing description (November 2024)

Welcome to 18/20 Allara St, City ACT - Your gateway to high-end living with unrivalled amenities and a prestigious address.

Prime Location: Park Avenue rises 17 levels over the heart of the city, offering you a premium address nestled alongside prime retail and office spaces. These architecturally designed residences boast superior inclusions, luxurious finishes, and breathtaking views.

Central Convenience: Centrally located in the city, you're just minutes away from Canberra's finest shopping destinations, museums, restaurants, and outdoor recreational spaces. On weekends, indulge in a plethora of dining, bar, and caf? options right at your doorstep.

Stunning Panoramic Views: Park Avenue has been thoughtfully designed to provide expansive views across Canberra's most iconic locations. Floor-to-ceiling double glazed windows and spacious balconies offer panoramic vistas, including Mount Ainslie, the Australian War Memorial, Lake Burley Griffin, and Parliament House.

Features Includes:

Spacious Open Plan Design with High Ceilings
Premium Franke Kitchen System
Luxurious Parisi Bathrooms with L'Hotel Combination Showers
Stone Kitchen Benchtops and Splashbacks
Ducted Reverse Cycle Air-Conditioning
Commercial Grade Gym and Communal Garden with BBQ Area
Secure Basement Parking with Allocated Space and Storage Cage
Perfect Location:

200m to Canberra Centre and Main Shopping District
Opposite Canberra Casino
Short Stroll to Commonwealth Park and Lake Burley Griffin
Walking Distance to ANU, CBD, City Bus Interchange, and Light Rail
Only 10 Minutes Drive to Canberra Airport

Property Details:
Rates: $581.32 per quarter ?approx)
Levy: $1,200 per quarter (approx)
Water: $179 per quarter (approx)
Rent: $3,389.29 per month (additional details upon request)
Land Tax: (Only apply when you lease the property out; information available on request)

Don't miss out on the opportunity to elevate your lifestyle with this stunning property.
Contact us today for more information and to arrange a viewing.
Luxury living awaits you at 18/20 Allara St, City ACT!

Disclaimer:
Please note that whilst all care has been taken regarding general and marketing information collected for this advertisement, UPlus Real Estate does not accept responsibility and disclaim all liabilities in regard to any errors or inaccuracies contained herein. We encourage prospective buyers to rely on their own investigation and in-person inspections to ensure this property meets their individual needs and circumstances.

Property History for 18/20 Allara St, City, ACT 2601

A timeline of how this property has performed in the market
Last Sold
$705,000
26 Sep 2023
  • 26 Sep 2023
    Sold for $705,000
  • 06 Sep 2023
    Listed for Sale $705,000
  • 20 Nov 2017
    Sold for $599,900

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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 3,280 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.
There are currently 44 properties listed for sale, and 51 properties listed for rent in City on OnTheHouse. According to CoreLogic's data, 145 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.