FOR SALE

204/2 Akuna Street
City ACT 2601

Bedrooms: 1
Bathrooms: 1
Car spaces: -
This property is currently on the market
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Property Details for 204/2 Akuna St, City

204/2 Akuna St, City is a 1 bedroom, 1 bathroom House.This Property is currently listed for sale with LJ Hooker Weston Creek

Building Type
House
Local Government
Canberra Central

Last Listing description (November 2024)

Fully furnished, second-floor studio apartment in the heart of the City, offering the ultimate opportunity in convenient living.

This versatile property is just a short walk from the Canberra Centre, theatres, casino, and a diverse selection of shops and entertainment venues.

This property presents the perfect opportunity for a busy professional seeking a simplified lifestyle or a savvy investor, with a rental income at $450 per week.

The apartment features ducted heating and cooling, built-in robes, a European laundry with washing machine and dryer, and a functional kitchen with electric cooking and dishwasher.

Although there is no dedicated car space, the prime location places the entire Canberra CBD at your doorstep, with easy access to public transport for longer journeys.

Set within a secure complex, residents enjoy 24-hour reception, an indoor heated lap pool, spa, half-size tennis court, BBQ area, guest lounge, and a fully equipped gym.

Additional features include:
Fully furnished studio apartment
Full-size kitchen with under-bench oven and dishwasher
Reverse cycle heating and cooling
Built-in robes
European-style laundry
Great rental returns
Currently rented at $450p/w month to month

This central location is perfect for a quick commute to work, ANU, Civic Shopping Centre, and the City's vibrant cafes and restaurants.

29m of living
Rates: $1,543.05 p.a (approx.)
Land Tax (investors only): $1,983.79 p.a (approx.)
Body Corporate: $1,577.33 p.q (approx.)
EER: 6 Stars
Build: 2000

Property History for 204/2 Akuna St, City, ACT 2601

A timeline of how this property has performed in the market
  • 07 Nov 2024
    Listed for Sale $229,000 +

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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 3,283 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.
There are currently 47 properties listed for sale, and 46 properties listed for rent in City on OnTheHouse. According to CoreLogic's data, 146 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.