OFF MARKET

307/2 Marcus Clarke Street
City ACT 2601

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 96m2
Land area: 7984m2
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Property Details for 307/2 Marcus Clarke St, City

307/2 Marcus Clarke St, City is a 2 bedroom, 2 bathroom Unit and was built in 1990. The property has a land size of 7984m2 and floor size of 96m2.

Building Type
Unit
Year Built
1990
Floor Size
96m2
Land Size
7984m2
Local Government
Canberra Central
Lot/Plan
CITY: Block 8, Section 8, Unit 307

Last Listing description (May 2022)

Fully furnished with views and a convenient location, this large 2 bedroom executive apartment is perfect for the professional on the go!

The bedrooms are larger than most with views overlooking Parliament House. The laundry and second bathroom are both generous sized. With over 92m2 of floor space, the large open-plan living areas and bedrooms featuring full-length windows.

This is an award-winning development designed by Fender Katsilidis and offers some signature features like partially exposed 2.8m concrete coffered ceilings, open living spaces with a king-size bed and boasts a picturesque balcony.

With the benefits of a secure building with concierge services, free use of facilities including tennis and squash courts, a gym and sauna, and a BBQ area on the terrace overlooking the pool in the sheltered courtyard. There is ample, controlled easily accessible parking for guests.

The Owners' Favourite Part: The competitive weekly rental return and being able to stay in the best part of the ACT when on work travel.

Features include:
- Prime placement on the lake side of the City
- Capital Tower development
- Concierge reception for all your mail, parcels etc
- Live in building manager
- Two lifts
- New ducted air conditioning to entire building
- Video intercom for guests
- Tennis Courts
- Squash Court
- Gym
- External swimming pool and BBQs in middle of the development at ground level
- Abundance of visitor car parking, 6 ungated & multiple past boom gate
- Outdoor areas: Large balcony with mountain and Parliamentary Views
- 2 bathrooms
- 1 secure parking
- Reverse Cycle Heating/Cooling
- Purchaser suitability
- Investor or executive professional
- Location: Sought after New Acton East

Particulars (all approx.):
- Living size: 90m2
- Balcony size: 22m2
- EER: 5.5
- Strata company: Grady Strata
- Strata levies: $1,703 p.q
- Rental estimate: $800 p.w.
- Rates: $2175 p.a.
- Water: $668
- Construction: 1992

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Property History for 307/2 Marcus Clarke St, City, ACT 2601

A timeline of how this property has performed in the market
  • 11 Nov 2021
    Listed for Sale $615,000+

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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 3,317 properties. Over the last 5 years, Houses in City have seen a -3.37% decrease in median value, while Units have seen a 17.15% increase. As at 31 August 2024:

  • The median value for Houses in City is $709,333 while the median value for Units is $584,313.
  • Houses have a median rent of $615 while Units have a median rent of $645.
There are currently 42 properties listed for sale, and 39 properties listed for rent in City on OnTheHouse. According to CoreLogic's data, 141 properties were sold in the past 12 months in City.

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