SOLD
RECENT ADVICE
Sold on 18 Dec 2024 - Price Unavailable

220/2 Akuna Street
City ACT 2601

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 43m2
Save

Property Details for 220/2 Akuna St, City

220/2 Akuna St, City is a 1 bedroom, 1 bathroom Apartment. The property has a floor size of 43m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 1 bedroom Apartment sold in City in the last 12 months.

Building Type
Apartment
Floor Size
43m2

Last Listing description (December 2024)

Location, Location and Location!!

Located at the heart of the Canberre City, this ultra-affordable apartment at the Nesuto (previously known as Waldorf) is perfect for first home buyers and savvy investors alike.

Boasting a one-bedroom, one-bathroom layout, and an alfresco area, this cozy 51sqm (43 + 8 sqm) residence offers all the essentials for modern living. The property is equipped with ducted heating and cooling to keep you comfortable year-round, and built-in robes ensure ample storage space.

The apartment complex itself features impressive amenities including a gym and an swimming pool, making it easy to stay active and relaxed without leaving home. The location is second to none, with proximity to Canberra's vibrant shopping and dining precincts, as well as excellent public transport options to get you anywhere you need to go.

For investors, you have the options of renting it out as usual, renting out to Nesuto Hotel, AirBnb, or managing it yourself. The location makes it an ideal choice for all 4!

Don't miss out on this rare opportunity to secure an affordable slice of city living. Whether you're stepping onto the property ladder for the first time or looking to add a high-demand rental property to your portfolio, this apartment ticks all the boxes.

Features:

- North-West facing alfresco area
- Ducted heating & cooling
- Wraparound kitchen
- Seperate bedroom, as opposed to most studio apartments in this price range
- Spacious open bedroom with wide window
- 2 way access bathroom
- Bath tub
- Resident's lounge
- Tennis court
- Sauna
- Indoor pool
- Gym

Essentials:
- Strata: $1,733 p.q. (approx)
- Rates: $388 p.q. (approx)
- Land tax: $505 p.q. (approx) investors only
- Current rental: $445 p.w.
- Lease period: 23 Jan 2025
- EER: 6
- Living Space: 43sqm
- Alfresco: 8sqm
- Completion year: 2000

Property History for 220/2 Akuna St, City, ACT 2601

A timeline of how this property has performed in the market
Last Sold
18 Dec 2024
Listed for Rent
$440/w
09 Dec 2022
  • 18 Dec 2024
    Sold
  • 30 Sep 2024
    Listed for Sale Offers Over $260,000

Commute Calculator

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 3,332 properties. Over the last 5 years, Houses in City have seen a -30.03% decrease in median value, while Units have seen a 9.05% increase. As at 31 December 2024:

  • The median value for Houses in City is $691,763 while the median value for Units is $574,146.
  • Houses have a median rent of $630 while Units have a median rent of $650.
There are currently 35 properties listed for sale, and 50 properties listed for rent in City on OnTheHouse. According to CoreLogic's data, 145 properties were sold in the past 12 months in City.

Suburb Insights for City 2601

Market Insights
City Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
City Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Contact agent
Tahmeed Towfiq
Show contact details
LJ Hooker Canberra City
Preferred contact:
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.