OFF MARKET

509/240 Bunda Street
City ACT 2601

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Land area: 4181m2
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Property Details for 509/240 Bunda St, City

509/240 Bunda St, City is a 2 bedroom, 2 bathroom Unit and was built in 2013. The property has a land size of 4181m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
Unit
Year Built
2013
Land Size
4181m2
Local Government
Canberra Central
Lot/Plan
CITY: Block 1, Section 52, Unit 270

Last Listing description (February 2023)

Located in one of Canberra's most iconic apartment complexes " Manhattan on the Park' this contemporary 2-bedroom ensuite apartment will excite any discerning buyer.

The location is incredible. It's inner-city living at its finest. At your doorstep, you have all that city life has to offer. Some of Canberra's best Cafe's, coffee shops, and restaurants are all within a short stroll. The Canberra Centre shopping precinct lies across the street. The beautiful Glebe Park sits on the eastern side of the complex plus being in situated in the heart of Canberra's CBD"s offices and workplaces.

The development is an amazing mix of striking contemporary design, thoughtfully planned common areas and practical private facilities. Manhattan on the Park is undoubtably one of Canberra's most recognisable and loved developments. You'll feel like you're coming home to your own 5-star resort. It really is so impressive.

Now for the apartment. Entering the apartment, your immediately overcome by a sense of prestige and a real sense of space. Next, you'll be taken by the stunning views overlooking the complex's outdoor facilities with the treetops of Glebe Park as your own permanent backdrop and the suburbs of Canberra's Inner North and to Mount Ainslie and beyond.
The internal living space is versatile and spacious with thoughtful consideration given to the dcor and the finishes. It's an open plan design and has a seamless flow to and from the designer kitchen. The kitchen is opulent yet practical and features stylish stone bench tops, stainless steel Bosch appliances and an abundance of cupboard and bench space. There's a seamless connection between the indoor and outdoor areas with full height sliding doors leading from the internal living area to a well-proportioned balcony. It's the perfect place to entertain overlooking the lush canopy of Glebe parks mature threes. It's also a lovely spot to sit, take in the sun and relax.

Segregated from either side of the living areas you find the two sizeable bedrooms. The main bedroom is generously proportioned with room for a king-sized bed. It's serviced by a designer robe and modern large ensuite bathroom. Both bathrooms in the apartment showcase floor-to-ceiling tiling, custom vanities, and high-end tapware. Bedroom 2 again is spacious and has lots of robe space.

As you would expect there is ducted heating and cooling although with a 6 Star energy rating the summer and winter bills will be minimal. Secure uncover parking and storage accompany the apartment but get used to not driving being in such a wonderful city location. .

A perfect property for a discerning downsizer, professionals looking for one of the finest Inner City executive residences or an astute investor thinking this could be the perfect home for the perfect lifestyle some time down the track.

Features:

- Perfect for the astute investor or quality conscious live in owner
- European laundry
- Spacious floor plan
- Ducted reverse cycle air-conditioning (Heating and Cooling)
- Host of onsite amenities such as a 25m pool, gymnasium, and spa facilities
- Secure car accommodation with storage facility
- C.C.T.V. to main entrance and carpark entry and exit

Essentials:

EER: 6 stars
Living size: 91m2
Balcony: 14m2
Rates: $484 pq
Land tax: $578.49 pq
Strata Company: Grady Strata
Strata Levies: $1208.80 approx.
Age: Built 2013
Expected rental return: 750-780 pw

Property History for 509/240 Bunda St, City, ACT 2601

A timeline of how this property has performed in the market
Last Sold
$785,000
21 Feb 2023
  • 21 Feb 2023
    Sold for $785,000
  • 03 Feb 2023
    Listed for Sale Offers over $760,000
  • 16 Apr 2013
    Sold for $609,950
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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 3,284 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.
There are currently 46 properties listed for sale, and 45 properties listed for rent in City on OnTheHouse. According to CoreLogic's data, 139 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.