OFF MARKET

210/2 Akuna Street
City ACT 2601

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Last updated 11 Nov 2024
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Property Details for 210/2 Akuna St, City

210/2 Akuna St, City is a 1 bedroom, 1 bathroom Unit with 1 parking spaces.

Building Type
Unit
Local Government
Canberra Central

Last Listing description (July 2018)

We are pleased to introduce to you, this warm & inviting 1 bedroom apartment centrally located in the heart of Canberra City CBD in Waldorf Apartment Hotel Canberra.
Located on the 2nd floor of the complex, this air conditioned apartment is fully furnished, offers a great sized master bedroom with built-in robe & an open plan living area with access to an enclosed court yard.
Other notable features are the hotel facilities such as lift access, 24 hour reception, lounge bar, restaurant, gymnasium, tennis court & indoor swimming pool perfect for swimming all year round.

Presently, the apartment is leased to the hotel until September 2018 with an estimated gross yield of 8%
We offer a total management solution with a guaranteed rental income & owner stay program so you can enjoy the best of both worlds with a secure line of income whilst having some flexibility to stay in the apartment from time to time.
This apartment is ideal for an investor, first home buyer or owner occupier so whether you are looking to purchase an investment property with a sound return, or enhance your lifestyle with a view to owner occupy, this apartment presents the perfect opportunity to suit your needs.

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Property History for 210/2 Akuna St, City, ACT 2601

A timeline of how this property has performed in the market
  • 25 May 2018
    Listed for Sale Not Disclosed

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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, 146 properties were sold in the past 12 months in City.

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