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Sold on 27 Sep 2024 - Price Unavailable

503/222 City Walk
City ACT 2601

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 69m2
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Property Details for 503/222 City Walk, City

503/222 City Walk, City is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 1 bedroom Apartment sold in City in the last 12 months.

Building Type
Apartment
Floor Size
69m2

Last Listing description (September 2024)

You need to see this apartment, to fully appreciate all the great benefits it has to offer. Whether you're looking to invest in a prime location or find your own urban sanctuary this property ticks all of the boxes.

Literally located within moments to everything in the city centre, this large 1 bedroom ensuite apartment is in an enviable position. It offers a practical floor plan with a peaceful balcony that has sweeping ceiling to floor views of Mount Ainslie. Easterly facing it is conveniently and centrally situated to the Casino, Canberra Centre, business district, Canberra Theatre, Convention Centre and Glebe Park. It's a short stroll to ANU, CIT, Lake Burley Griffin and a stone's throw away from fantastic cafes, restaurants, and bars. This is the ultimate convenience.

Located on level 5, the spacious 1 bedroom ensuite apartment is immaculately presented and evokes a feeling of calm and tranquility while looking out over Mt Ainslie. Thoughtfully designed, it is enhanced with a large kitchen; including stone marble bench tops, Smeg oven & cooktop, Bosch dishwasher, westinghouse fridge (included), plentiful storage, split-system air-conditioning/heating, separate laundry and powder room. The apartment has lift access.

Features include:
- City Plaza Apartments
- 6 Star Energy Rating
- Spacious living - 69sqm internally with a 19sqm balcony
- NBN connection
- Fly screens on opening door
- Good sized Kitchen with Stone benchtop
- Smeg electric cooktop
- Large bedroom with study nook, built in wardrobe and adaptable ensuite
- Laundry room (washing machine & dryer included)
- Additional Powder room
- Split-system air conditioning
- Electric hot water system
- Allocated basement parking

Rental potential - approximately $520-$540 per week.

Outgoings:
Body Corporate: $1,581/qtr
General Rates: $534/qtr
Water and Sewage: $200/qtr (approx.)
Land Tax: $702/qtr (if rented)

For more information or to arrange a private viewing, please contact Necta Moutafis on 0424 195 790.

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Property History for 503/222 City Walk, City, ACT 2601

A timeline of how this property has performed in the market
Last Sold
27 Sep 2024
  • 27 Sep 2024
    Sold for $445,000
  • 04 Sep 2024
    Listed for Sale $455,000+
  • 24 Jul 2023
    Listed for Rent $520 / 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 38 properties listed for sale, and 54 properties listed for rent in City on OnTheHouse. According to CoreLogic's data, 148 properties were sold in the past 12 months in City.

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Nectaria Moutafis
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Ray White Canberra
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