SOLD
Sold on 16 Apr 2024 for $662,000

44/260 City Walk
City ACT 2601

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 72m2
Land area: 1664m2
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Property Details for 44/260 City Walk, City

44/260 City Walk, City is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2019. The property has a land size of 1664m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in City in the last 12 months.

Building Type
Unit
Year Built
2019
Floor Size
72m2
Land Size
1664m2
Local Government
Canberra Central
Lot/Plan
CITY: Block 17, Section 12, Unit 44

Last Listing description (April 2024)

Highgate is a luxury residential tower, right in the centre of Canberra City.
If you are looking for the ultimate city lifestyle, then look no further.

Look forward to enjoying a plethora of entertainment, dining and retail opportunities at your doorstep. Numerous public and private offices are within walking distance as is the Australian National University.

Owners and tenants at Highgate have access to fabulous communal facilities on level 9 including a sparkling swimming pool, BBQ area, lounge/theatre and well equipped gymnasium.

Internal area of 75sqm plus 32sqm of balcony/terrace.

Currently in periodic tenancy at $650/week rent with rental potential to $720 per week.

This apartment would suit both live-in owners and investors.

Features:
? North-facing apartment on level 9 with city views
? Fantastic floor plan with 2 bedrooms and 2 bathrooms (segregated)
? Corner position with lots of light
? Large living area with chef's kitchen
? Two covered balconies with lounge and bedroom access
? Secure carpark and storage cage
? Ducted reverse cycle air conditioning
? Spectacular stone and timber kitchen with ILVE appliances
? Integrated dishwasher and microwave
? Luxurious bathrooms with feature pendant lighting
? Euro laundry with Haier washer/dryer
? Double glazed windows and doors throughout
? EER 6.5

Rates $497/q
Land Tax $599/q
Strata $1,392/q
Water $187/q

BORIS. Property - Canberra's Luxury Apartment Specialists!

Property History for 44/260 City Walk, City, ACT 2601

A timeline of how this property has performed in the market
Last Sold
$662,000
16 Apr 2024
Listed for Rent
$650/w
09 Jun 2022
  • 16 Apr 2024
    Sold for $662,000
  • 08 Feb 2024
    Listed for Sale Not Disclosed
  • 31 May 2022
    Listed for Rent $650 / 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.
There are currently 46 properties listed for sale, and 48 properties listed for rent in City on OnTheHouse. According to CoreLogic's data, 144 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.