OFF MARKET

301/2 Marcus Clarke Street
City ACT 2601

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 115m2
Land area: 7984m2
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Property Details for 301/2 Marcus Clarke St, City

301/2 Marcus Clarke St, City is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1992. The property has a land size of 7984m2 and floor size of 115m2.

Building Type
Unit
Year Built
1992
Floor Size
115m2
Land Size
7984m2
Local Government
Canberra Central
Lot/Plan
CITY: Block 8, Section 8, Unit 301

Last Listing description (May 2015)

Offering the ideal urban lifestyle the third floor, fully furnished, 115m2 apartment is positioned opposite the New Acton Arts and Entertainment Precinct and within walking distance of the ANU, the lake and surrounding parklands - the highly desirable location could not be more convenient.
The extensive use of floor to ceiling glass enhances the sense of space and light and all rooms enjoy outdoor access. Living areas open to the covered terrace, a delightful space for alfresco dining and entertaining family and friends. Granite bench tops and stainless steel appliances, including a two door refrigerator, add to the functionality of the well appointed kitchen. A separate laundry is a feature not found in many of today's more modern apartments. Ducted heating and cooling is included..
No other Canberra development yet offers the amenities enjoyed by the residents of Capital Tower. There are manicured gardens to sit in, tennis and squash courts to play on and a heated pool, gym, sauna and spa for exercise and relaxation. Controlled building access, concierge services, storage, parallel basement parking and bike racks and ample off street parking for guests are additional features of the landmark development.

The apartment is currently leased through the BreakFree serviced apartment scheme - vacant possession can be achieved with six months notice.

General Rates: $1,072 pa
Land Tax: $1,360 pa - if leased
Water & Sewerage: $608 pa- fixed charge
Body Corporate: 6,401 pa - includes heating & cooling

Property History for 301/2 Marcus Clarke St, City, ACT 2601

A timeline of how this property has performed in the market
Listed for Rent
$530/w
11 Oct 2008
  • 23 Mar 2015
    Listed for Sale $640,000+
  • 26 Jan 2013
    Listed for Sale Not Disclosed
  • 30 Aug 2009
    Listed for Sale $579,000
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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 3,281 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.
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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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.