507/240 Bunda StreetCity ACT 2601
Property Details for 507/240 Bunda St, City
507/240 Bunda St, City is a 2 bedroom, 2 bathroom House with 2 parking spaces and was built in 2013. The property has a land size of 4182m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in April 2021.
Last Listing description (November 2024)
If Location, Lifestyle and Livability are on your 'must have' list, then please make sure you prioritise an inspection of this oversized, high-end apartment in 'Manhattan'.
'Manhattan on the Park' is, understandably one of Canberra's most iconic inner-city developments. Overlooking historic Glebe Park with stunning treetop views across the park and toward Mt. Ainslie. The superb floor plan is not only generous, but practical in it design and livability.
The location places you at the doorstep of everything the city has to offer, in particular, Glebe Park as your back yard or shopping and eating to your hearts content. This is a true opportunity to leave the car at home, walk or ride your bike to enjoy Lake Burley Griffin, the caf and pub scene of Braddon, or just hang out at home to enjoy the pool with friends.
If you are looking to invest in a Blue-Chip location, the current tenancy runs until early 2025 with a wonderful tenant in place, or chose to occupy and make Manhattan your home.
Property Features;
- Kitchen; Bosch appliances, 30mm thick stone to the island bench & waterfall edges. Gas cooktop and loads of storage, including a full pantry.
- Open plan living & dining flows beautifully to the very generous outdoor space
- Gorgeous outlook across the pool & onto Glebe Park
- The master bedroom is generous, opens to balcony & features a walk-in robe and beautifully fitted ensuite
- Ducted Reverse cycle air conditioning
- Full height windows; double glazed
- An abundance of storage throughout
- 2 side by side car spaces + storage
- Secure Intercom access to the building
- Current tenancy expires January 2025, please request rental details if you're an investor
- Living size; 99sqm
- Balcony; 23sqm
- Rates; $1,075.00 per quarter
- Land Tax; $700.76 per quarter IF RENTED
- Body corp fees; $1,290.30 per quarter
Property History for 507/240 Bunda St, City, ACT 2601
- 12 Sep 2024Listed for Sale $850,000+
- 12 Dec 2023Listed for Rent $900 / week
- 21 Apr 2021Sold for $765,000
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0About 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 3,281 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.
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