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Sold on 06 Sep 2024 for $475,000

1904/2 Marcus Clarke Street
City ACT 2601

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 93m2
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MARQ Property DICKSON
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Property Details for 1904/2 Marcus Clarke St, City

1904/2 Marcus Clarke St, City is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1992. The property has a floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in City in the last 12 months.

Building Type
Unit
Year Built
1992
Floor Size
93m2
Local Government
Canberra Central
Lot/Plan
CITY: Block 8, Section 8, Unit 1904

Last Listing description (October 2024)

Located in the amenity-rich Capital Tower, residents can enjoy resort-style facilities including a concierge, BBQ area, sparkling in-ground pool, full-size tennis courts, squash court, gym, and sauna. Nestled between the Lakes foreshore, New Acton precinct, and the CBD, a multitude of quality culinary and retail options are just a short stroll away. Additionally, it is within walking distance to the popular Cupping Room caf?, ANU, Lake Burley Griffin, Canberra Centre, and all that the City and its playground have to offer. Not to mention the building is positioned along the new Light Rail track heading past Commonwealth Park and into Woden expected to finish in the coming years. Utilising the building's curve, boasting attractive urban views, and bathed in natural light, this unit is sky high, facing North, on level 19.

Investor?
Take advantage of the popular Break Free hotel management service with gross income of approximately $67,000 last year returning a whopping net yield of 8.5%

All booked, organised, and cleaned through the buildings concierge and housekeeping.

Secure lift access to the basement, and apartment with security fob
Kitchen with modern appliances, and wonderful urban view from the kitchen sink
Spacious living and dining area, bathed in natural light with wrap around windows
Bedrooms 1, and 2 to the right side of the apartment, both with built-in-robes
Bathroom with bathtub, shower, large vanity and mirror
European style laundry, ceiling fans, and ducted reverse cycle for heating and cooling
Single secure car space located in the basement
Body corporate apartment (no charge for use of air-conditioning)
Living Size 73sqm

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Property History for 1904/2 Marcus Clarke St, City, ACT 2601

A timeline of how this property has performed in the market
Last Sold
$475,000
06 Sep 2024
  • 06 Sep 2024
    Sold for $475,000
  • 30 May 2024
    Listed for Sale $475,000

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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 3,285 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, 139 properties were sold in the past 12 months in City.

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