OFF MARKET

404/2 Marcus Clarke Street
City ACT 2601

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 79m2
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Property Details for 404/2 Marcus Clarke St, City

404/2 Marcus Clarke St, City is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1992. The property has a floor size of 79m2.

Building Type
Unit
Year Built
1992
Floor Size
79m2
Local Government
Canberra Central
Lot/Plan
CITY: Block 8, Section 8, Unit 404

Last Listing description (November 2023)

Discover this inviting residence offering a sunlit, open-concept living and dining area seamlessly connected to a modern galley-style kitchen with granite countertops, dishwasher, and plenty of storage space. Each bedroom is graced with a spacious built-in wardrobe, while the bathroom boasts a relaxing bathtub with a shower overhead, a toilet, a stylish vanity, ample storage, and a discreetly tucked-away laundry behind bifold doors. Your vehicle is accommodated with a designated single car space.

Experience year-round comfort without the worry of additional expenses, as the ducted reverse cycle air conditioning costs are covered within the body corporate levies.

A great and affordable property, perfect for both long-term residents and those interested in short-term rentals, you also have the convenient option of utilizing BreakFree's services for a lucrative return on your investment.

The desirable Capital Tower further enhances your lifestyle with a range of amenities, including barbecue areas amidst beautifully landscaped courtyards, a heated swimming pool, a squash court, tennis courts, and a well-appointed gym. Convenient visitor parking is right at your doorstep, along with an adjacent parking area.

For those who relish outdoor activities, whether it's a leisurely walk, bike ride, or a serene lakeside stroll, Commonwealth Park is easily accessible via the Parkes Way footbridge just a short distance from your apartment.

Moreover, the Acton Waterfront Project, a brief walk away, envisions an exciting cultural and entertainment hub along the waterfront promenade. This development promises to transform the area into a vibrant city neighbourhood, seamlessly connecting the city to the lake. Expect a cosmopolitan blend of shops, businesses, cafes, new recreational spaces, public facilities, tourist attractions, and dedicated pedestrian and bike paths right on your doorstep.

* Level 4 of the sought after Capital Tower complex
* 72SQM of living
* 2 bedrooms, 1 bathroom, 1 carspace
* Premium location, central to the city and Lake Burley Griffin
* Landscaped courtyards with BBQ area, a heated swimming pool, a squash court, tennis courts, and a well-appointed gym
* Priced to sell!
* Fantastic live in or investment opportunity
* Fantastic option to short term let through break free
* Ducted reverse cycle air conditioning costs are covered within the body corporate levies

Strata: $1669pq (approx.)
Rates: $579pq (approx.)
Land Tax: $705pq (approx.)

Whilst all care has been taken to ensure accuracy in the preparation of the particulars herein, no warranty can be given, and interested parties must rely on their own enquiries. This business is independently owned and operated by Belle Property Canberra. ABN 95 611 730 806 trading as Belle Property Canberra.

Property History for 404/2 Marcus Clarke St, City, ACT 2601

A timeline of how this property has performed in the market
Listed for Rent
$500/w
14 Mar 2016
  • 05 Oct 2023
    Listed for Sale $450,000 - $480,000
  • 07 Mar 2016
    Listed for Rent $500 / week
  • 02 Jul 2015
    Listed for Rent - Price not available
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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 3,286 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 46 properties listed for sale, and 44 properties listed for rent in City on OnTheHouse. According to CoreLogic's data, 140 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.