OFF MARKET

501/240 Bunda Street
City ACT 2601

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 67m2
Land area: 4180m2
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Property Details for 501/240 Bunda St, City

501/240 Bunda St, City is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 4180m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in November 2023.

Building Type
Unit
Year Built
2013
Floor Size
67m2
Land Size
4180m2
Local Government
Canberra Central
Lot/Plan
CITY: Block 1, Section 52, Unit 278

Last Listing description (December 2023)

Moments from the heart of the city and beautiful Glebe Park, this ultra-modern apartment in the celebrated Manhattan on the Park complex offers luxury living at every turn with a spacious open-plan living and dining area adjoining a stylish kitchen boasting stone benchtops and quality stainless-steel appliances.

Step outside and enjoy a large balcony with sweeping views of the City, an instantly inviting space sure to be enjoyed all year round by family and friends. The combination of living and balcony space totals almost 92 square metres - unheard of in a one bedroom apartment!

Comfortable living is assured with a direct north orientation making the most of the winter sun and providing protection from the summer heat. Newly painted and carpeted throughout, double glazed windows, ducted heating and cooling, a large kitchen, quality bathroom and only one common wall all provide further liveability. The generously sized bedroom allows space for a desk or sitting area and has separate access to the balcony.

Facilities in the complex include secure basement car parking, swimming pool and spa, BBQ facilities and a private gym all conveniently located on the third floor while the complex also has an extensive solar array to help reduce your electricity bill. Showcasing a wonderful sense of space throughout, market entrants will purchase with the certainty of a vacant possession sale while confident investors can set and forget and look forward to a potential return of $580-600 per week.

Features:
- Open plan living flowing onto massive balcony
- Modern kitchen with stainless-steel appliances and stone benchtops
- Single bedroom with built-in robe and balcony access
- Separate modern bathroom
- Ample storage
- Ducted air conditioning throughout for year-round comfort
- Resort facilities including pool, spa, gym and barbecue terrace
- 3 minute walk to Canberra Centre
- Convenient basement parking plus storage cage and visitor parking
- Short walk to the shores of Lake Burley Griffin and Canberra CBD
- Double-glazed windows throughout

Property History for 501/240 Bunda St, City, ACT 2601

A timeline of how this property has performed in the market
Last Sold
$550,000
08 Nov 2023
Listed for Rent
$565/w
04 Aug 2023
  • 08 Nov 2023
    Sold for $550,000
  • 28 Sep 2023
    Listed for Sale Under Contract
  • 01 Aug 2023
    Listed for Rent $565 / 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 3,331 properties. Over the last 5 years, Houses in City have seen a -26.66% decrease in median value, while Units have seen a 8.41% increase. As at 30 November 2024:

  • The median value for Houses in City is $668,667 while the median value for Units is $561,789.
  • Houses have a median rent of $640 while Units have a median rent of $650.
There are currently 36 properties listed for sale, and 54 properties listed for rent in City on OnTheHouse. According to CoreLogic's data, 149 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.