28/66 Allara StreetCity ACT 2601
Property Details for 28/66 Allara St, City
28/66 Allara St, City is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2002. The property has a land size of 3716m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in June 2023.
Last Listing description (June 2023)
Looking for space in the middle of the City? Then this standout, tri-level inner-city apartment is exactly what you've been looking for and at 85m apartment is much larger than most & delightfully split over 3 distinct levels. Discover high ceilings in the living area with impressive floor to ceiling windows which welcome in an abundance of sunshine and fresh air. No tiny balcony here, the outlook from the living areas is to an enclosed and very generous 65m2 private courtyard accessed by double cedar French doors. Complete with gorgeous mature trees providing year-round colour, this delightful courtyard creates a beautiful, light & airy place to relax or entertain friends and family.
The Forum development is a mere 5-minute walk from the heart of the City and Braddon & an even shorter stroll to picturesque Commonwealth Park. Enjoy a morning walk or bike around the lake, then leave the car at home & walk or scooter to work or the Canberra Centre for some shopping or a lazy Sunday brunch in vibrant Braddon.
Further benefits include watching fireworks over Lake Burley Griffin or a barbecue on the rooftop terrace or simply just taking in the lights of the City & the lake views. Say goodbye to expensive gym fees! You'll have access to a fully equipped gym that has everything you need for a great workout, including aerobic equipment, pin-loaded machines and free weights. Plus, if you're a fan of swimming, the Civic pool & gym is located conveniently just across the road.
Benefits for investors early access is also available to your property manager so tenants can view the unit and be pre-signed prior to settlement meaning no vacancy and an income stream from day 1.
Benefits for live in owners want early access prior to settlement and a guaranteed move in date? Well good news, we can make that happen so you can be living in your new home sooner.
Your next chapter is calling your name & this amazing apartment provides for an ideal Inner-City lifestyle and a lot more space (internally and externally) than you will be used to seeing in a 'standard' 1 bedroom unit.
To get a copy of the digital brochure containing an explanation of our friendly sales campaign and the full contract, please send us an email from any of the web portals and note your full name and mobile number and it will be automatically sent to you.
Features overview:
Large, functional floor plan featuring 85m of internal living area
Double cedar French doors opening out to a 65m courtyard
2 separate living areas set on 2 separate levels
High ceilings
Oversized main bedroom with outlook to internal courtyard of the complex
Modern kitchen with stone bench tops, stainless steel appliances & dishwasher
Bathroom with combined large bath/shower, integrated laundry & brand-new sensor dryer
Separate powder room for guests
Reverse cycle air conditioning (cooling & heating)
Single allocated car space with large storage cage in basement
Vacant and ready for you now, early access also available
The Forum development:
Rooftop terrace with barbecue & shade umbrellas
On-site gym on ground level
Tranquil internal courtyard & fountain
Pet-friendly (subject to strata notification)
Audio intercom for guests
Lift access direct from basement & ground to your level
Fast internet - NBN (Fibre to the building)
Security cameras throughout complex
Rubbish chutes on each level
Centralised gas hot water system
Well maintained building with an active body corporate
The location:
Located directly opposite Civic swimming pool
Situated next to the foot bridge with direct access to Commonwealth Park and Lake Burley Griffin
Lots of additional parking options for guests opposite the building
500m to Canberra Centre up Allara St
The numbers:
Living: 85m
Courtyard: 65m
Total: 150m2
EER: 6 stars
Number of units in development: 117
Rental potential (unfurnished): $500 to $520/week
General rates: $1,899 p.a.
Land tax (investors only): $2,270 p.a.
Strata levies: $7,021 p.a.
Total balance of administrative & sinking fund as of 9/05/2023: $625,977
Age: 21 years approx. Built 2002
Strata manager LJ Hooker Strata
Units plan number 2179
Builder/developer: Hindmarsh
The Offer Process:
To help buyers on value, we advertise a guide price which your offer must exceed
Offers can be subject to finance or unconditional and on a contract (preferred)
Offers are confidential & will not be disclosed to other buyers for privacy purposes
We can offer a solicitor to do a few contract review and even provide a free section 17 if you wish to make an unconditional offer
A 5% deposit is acceptable via eft just prior to exchange of contracts
Property History for 28/66 Allara St, City, ACT 2601
- 06 Jun 2023Sold for $497,000
- 25 May 2023Listed for Sale Offers over $490,000
- 17 Jan 2022Listed for Sale Offers Over $510,000
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0About 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 3,281 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.
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