OFF MARKET

507/25 Edinburgh Avenue
City ACT 2601

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 58m2
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Last updated 16 Sep 2024
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Property Details for 507/25 Edinburgh Ave, City

507/25 Edinburgh Ave, City is a 1 bedroom, 1 bathroom Unit and was built in 2014. The property has a floor size of 58m2.

Building Type
Unit
Year Built
2014
Floor Size
58m2
Local Government
Canberra Central
Lot/Plan
CITY: Block 40, Section 106, Unit 168

Last Listing description (August 2023)

Designed by Nonda Katsalidis and Karl Fender the Nishi building has won the International Project of the Year at the 2015 Building Awards in London. A self-contained oasis within the CBD offers a lifestyle and amenities that are unique to Canberra and on par with the best in the world.

Monster Kitchen and Bar, Electric Palace Cinemas and a number of cafes are located in the building, with numerous dining and entertainment options within the New Acton precinct only one minute's walk away.

The Nishi building is a marvel of modern civil engineering with no expenses spared during construction or the subsequent operation and upkeep of the precinct. The interior design in all of the apartments was created by Tokyo-based Suppose Design Office and is simply unlike any other in Australia. The apartments feature clean and crisp lines, functional cabinetry and clever use of interior design elements to separate and define different functional areas.

Unit 507 in itself is fully self-contained and ready to move in. The versatile floor plan provides plenty of space for a separate bedroom, bathroom, study nook and an open-plan living area that transitions into a balcony with amazing views of the Capital.

Hydronic heating, floor-to-ceiling double glazing, thermal passive design and efficient LED lighting all contribute to EER 6 rating and assist in keeping the utilities costs in check. All the essentials are taken care of in this gorgeous apartment so you can relax and immerse yourself in the amazing lifestyle that the New Acton precinct has to offer.

Features include:

- Open-plan living areas
- High curved ceilings with natural ventilation
- Bosch stainless steel appliances including gas cooktop and electric oven
- Stone benchtop and soft close cabinetry in the kitchen
- Fibre-to-the-unit NBN
- Double-glazed windows
- Built-in storage
- European laundry
- Secure lift access
- Underground car park with storage cage, patrolled by Wilson Security
- Airlock entryway with glass sliding door and ventilation window
- Hydronic heating unit
- Floor-to-ceiling tiling in the bathroom
- Covered balcony with sliding door access
- 6-star Green Star As Built v3 rating

EER: 6 stars
Built: 2012

1. Tenant/s are required to obtain consent from the lessor to keep a pet/s at this property.
2. The property is exempt from the minimum ceiling insulation standard as it has another unit above it.

Property History for 507/25 Edinburgh Ave, City, ACT 2601

A timeline of how this property has performed in the market
Listed for Rent
$525/w
26 Jun 2023
  • 26 Jun 2023
    Listed for Rent $515 / week
  • 10 Feb 2022
    Listed for Rent $510 / week
  • 26 Oct 2015
    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.