35/66 Allara StreetCity ACT 2601
Property Details for 35/66 Allara St, City
35/66 Allara St, City is a 0 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2002. The property has a land size of 3716m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in December 2022.
Last Listing description (December 2022)
The perfect address for those who enjoy a low maintenance lifestyle, this 2-bed apartment situated in the iconic "Forum" development offers the convenience of city living whilst not compromising on space or livability. Offering a combined 116m2 of indoor/outdoor living this size is rarely seen in newly built apartments.
With its fantastic location this apartment is truly in the heart of it all. Closely situated to a myriad of employment hubs, the Canberra Centre, Civic Pool, Canberra theatre, ANU, Parliamentary Triangle & all the amazing bars & restaurants in & around the City. Additionally, you're positioned right next to the pedestrian overpass offering direct access to Lake Burley Griffin & Commonwealth Park, host to many live concerts & yearly events such as Floriade.
This residence features a well-appointed kitchen with stone benchtops, quality stainless steel appliances, an electric cooktop and overhead cupboards & pendant lighting. Overlooked by the kitchen is the open plan living & dining areas that helps create a large open space. With floor to ceiling windows & doors which lead out to the balcony, the apartment receives abundant natural light & offers a seamless connection to a huge covered balcony, allowing for a genuine indoor/outdoor entertaining space. The balcony offers a premium position for you to enjoy Canberra's yearly fireworks display.
Both bedrooms are generously sized with built in robes & direct balcony access whilst the main bedroom offers an ensuite with full height tiling plus a spilt system reverse cycle air conditioning unit. The main bathroom also features full height tiling and incorporates the laundry with a clothes dryer included.
The 'Forum' really has everything you need with a rooftop terrace providing barbeque facilities, covered entertainment areas & stunning views of the City and Lake Burley Griffin. You also have access to a fully equipped residents gym. Without doubt this is one of the most popular developments within the City precinct.
Don't miss this opportunity to get into the premium city market at an affordable price. Currently tenanted on a mth/mth basis this sale represents a blue chip investment opportunity. The current tenant is more than happy to enter into a new lease.
Features:
* 1st floor apartment overlooking civic pool.
* 2 generous sized bedrooms with built in robes.
* Kitchen with stone bench tops and dishwasher.
* Electric cook top and oven plus ample cupboard space.
* Split system air conditioning units in living area and bedroom 1
* Master bedroom features ensuite with stone bench top
* Security entry to building complex plus lift access and intercom system
* Additional linen storage cupboard
* Large balcony (23m2) accessed from living area and both bedrooms
* Secure underground parking (1 space)
* On site gym room for residents on ground floor
* Internal courtyard with garden oasis
* Rooftop terrace with BBQ area plus tables and umbrellas
* Generous living area (93m2 approx.)
* Commonwealth Park and Lake Burley Griffin is a short stroll
* Easy walk into the heart of the city with its shops, cafes, restaurants and offices or even Casino Canberra
* Strata levies - Admin fee $849 p/q Sinking fund $1117.50 p/q
* Administrative fund balance $131,564
* Sinking fund balance $1,003,177
Property History for 35/66 Allara St, City, ACT 2601
- 15 Dec 2022Sold for $642,500
- 24 Nov 2022Listed for Sale Auction
- 19 Dec 2017Listed for Rent $495 / week
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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 3,283 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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