OFF MARKET

505/2 Marcus Clarke Street
City ACT 2601

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 97m2
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Property Details for 505/2 Marcus Clarke St, City

505/2 Marcus Clarke St, City is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1992. The property has a floor size of 97m2.

Building Type
Unit
Year Built
1992
Floor Size
97m2
Local Government
Canberra Central
Lot/Plan
CITY: Block 8, Section 8, Unit 505

Last Listing description (January 2015)

AN OPPORTUNITY NOT TO BE MISSED
ENJOY ALL THE ADVANTAGES OF CITY LIVING WITHOUT THE HUSTLE & BUSTLE NORMALLY ASSOCIATED WITH AN URBAN LIFESTYLE. THIS 97M2, FULLY FURNISHED APARTMENT HAS 16.5M2 OF BALCONY AND IS LOCATED IN THE ICONIC CAPITAL TOWER DEVELOPMENT WITH ITS OUTSTANDING LIFE STYLE FACILITIES AND VIEWS OVER THE LAKE TO PARLIAMENT HOUSE. IT IS SUPERBLY POSITIONED OPPOSITE THE NEW ACTON PRECINCT AND WITHIN WALKING DISTANCE OF THE ANU & THE LAKE. ALL ROOMS FEATURE FLOOR TO CEILING GLASS AND OPEN TO A BALCONY. THE LIGHT FILLED LIVING SPACES ARE PERFECT FOR ENTERTAINING FAMILY & FRIENDS; THE KITCHEN IS WELL APPOINTED WITH A RANGE OF ELECTRICAL APPLIANCES AND ADJOINS A SEPARATE LAUNDRY, CONSIDERED A LUXURY IN MANY OF TODAY'S MODERN APARTMENTS. THE GENEROUS MAIN BEDROOM SUITE HAS A WALK IN ROBE AND ADDITIONAL CUPBOARD SPACE. DUCTED HEATING & COOLING, BASEMENT PARKING & SECURE STORAGE ARE INCLUDED.CAPITAL TOWER HAS CONTROLLED ACCESS, A RESIDENT MANAGER AND A CONCIERGE; THE BUILDING IS CABLED FOR FOXTEL AND THERE AROUND FIFTY CONTROLLED SURFACE CAR PARK SPACES AVAILABLE FOR GUESTS. FACILITIES INCLUDE TWO ALL WEATHER TENNIS COURTS, A SQUASH COURT, GYM AND SAUNA. THE LEAFY CENTRAL COURTYARD HAS BBQ FACILITIES ON A TERRACE OVERLOOKING THE HEATED SWIMMING POOL. BIKE RACKS ARE AVAILABLE ON EACH OF THE TWO BASEMENTSGENERAL RATES: $1,059.78 PALAND TAX: $1,380.15 PA - PAYABLE IF LEASED OUTWATER & SEWERAGE: $608 PABODY CORPORATE LEVIES: $6,705.84 PA -INCLUDES COST OF HEATING & COOLINGPOTENTIAL RENTAL: $600.00 PW - FULLY FURNISHEDTHE BUILDING ATTRACTS A 4% DEPRECIATION ALLOWANCETHE PET POLICY IS AVAILABLE ON REQUEST.

Property History for 505/2 Marcus Clarke St, City, ACT 2601

A timeline of how this property has performed in the market
  • 29 Oct 2014
    Listed for Sale $575,000+
  • 15 Jul 2006
    Listed for Sale Not Disclosed

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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 3,318 properties. Over the last 5 years, Houses in City have seen a -3.37% decrease in median value, while Units have seen a 17.15% increase. As at 31 August 2024:

  • The median value for Houses in City is $709,333 while the median value for Units is $584,313.
  • Houses have a median rent of $615 while Units have a median rent of $645.
There are currently 44 properties listed for sale, and 38 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.