SOLD
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Sold on 11 Oct 2024 for $505,000

604/25 Edinburgh Avenue
City ACT 2601

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 59m2
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Property Details for 604/25 Edinburgh Ave, City

604/25 Edinburgh Ave, City is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 1 bedroom Unit sold in City in the last 12 months.

Building Type
Unit
Floor Size
59m2

Last Listing description (October 2024)

*Please note the open home scheduled for Saturday 28 September has been cancelled*

With gun barrel views of Black Mountain, this apartment situated in the iconic Nishi Building is the epitome of modern flare and class. Located in the heart of Canberra's NewActon precinct, you'll have everything at your fingertips including: award winning restaurants, Palace Electric Cinema, cafes, hairdressers, art galleries, government and private offices, the list goes on!

The eco friendly design of the Nishi apartments allows for year-round comfort with very little cost, the winter garden balcony is the perfect spot for warm coffee or open the double sliding dual glazed doors for a cooling breeze in summer. The kitchen is well equipped with a gas cooktop, electric oven, dishwasher and plenty of storage.

The bedroom has incredible storage for an apartment of this size, while in the living space there is also a neat study nook and bookshelf. All finishes are high quality, from the bathroom to the European style laundry.

Being located alongside the 5 Star Ovolo Hotel, resident's friends and family can make use of a discount when visiting, plus residents also get a drinks discount at the renowned Monster Kitchen & Bar.

Features:

• Located on level 6 in the iconic Nishi Building
• Eco friendly design
• Great storage throughout
• Situated within the NewActon Precinct
• Double glazed
• Roller blinds
• Gas cooktop
• Drinks discount at Monster Kitchen & Bar for residents
• Family and friends discount at the 5 Star Ovolo Hotel
• Gun barrel views of Black Mountain
• Intercom
• Basement car space
• Storage locker
• European Laundry
• Vacant possession - Can be offered partially furnished
• Rental estimate: $570-$600/wk
• 59sqm* internal living
• 11sqm* balcony

*approx.

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Property History for 604/25 Edinburgh Ave, City, ACT 2601

A timeline of how this property has performed in the market
Last Sold
$505,000
11 Oct 2024
Listed for Rent
$500/w
04 Dec 2020
  • 11 Oct 2024
    Sold for $505,000
  • 13 May 2024
    Listed for Sale $505,000
  • 05 Nov 2020
    Listed for Rent $500 / 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 3,333 properties. Over the last 5 years, Houses in City have seen a -30.72% decrease in median value, while Units have seen a 8.97% increase. As at 31 January 2025:

  • The median value for Houses in City is $674,017 while the median value for Units is $571,213.
  • Houses have a median rent of $625 while Units have a median rent of $650.
There are currently 38 properties listed for sale, and 50 properties listed for rent in City on OnTheHouse. According to CoreLogic's data, 144 properties were sold in the past 12 months in City.

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