616/25 Edinburgh AvenueCity ACT 2601
Property Details for 616/25 Edinburgh Ave, City
616/25 Edinburgh Ave, City is a 2 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in City in the last 12 months.
Last Listing description (August 2024)
Truly the best value 2 bedroom opportunity within the entire New Acton Precinct.
Experience unparalleled views with this sophisticated 95m² two-bedroom residence, tailored for discerning owners and astute investors alike. Here's 5 reasons why this exceptional property deserves your attention:
2. Exceptional Investment Returns: Leverage the advantage of low vacancy rates, ensuring your investment consistently delivers superior returns due to its proximity to both the ANU and Parliament House.
3. Generous Living Space: Savour the luxury of 95m² of meticulously designed living space, ensuring comfort and satisfaction. This residence transcends the ordinary, offering the added convenience of double car spaces and extra storage, seamlessly addressing all your practical needs.
4.Premium Inclusions: Elevate your culinary pursuits with high-end Bosch kitchen appliances, including a gas stove, oven, and dishwasher.
5. Nishi is acclaimed for its sustainability and for transforming Canberra’s New Acton Precinct into a cultural hub. With extensive use of recycled materials, natural cross-flow ventilation, hydronic heating, and abundant natural daylight, it offers long-term peace of mind for environmentally conscious investors and residents.
Unit 616 Nishi is not only a visually stunning property but also a sound financial investment. Its breathtaking views, high yield potential, spacious living areas, and premium inclusions create a harmonious blend of luxury, comfort, and practicality.
By the Numbers.
EER 6
Living: 95m2
Strata: $5431pa
Rates: $2128pa
Land Tax: $2572pa (investors only)
At Crowthers, we possess an intimate understanding of the New Acton Precinct, a knowledge that runs through our veins. Our deep comprehension of the desires and needs of precinct dwellers sets us apart, ensuring your priorities are always at the forefront.
Property History for 616/25 Edinburgh Ave, City, ACT 2601
- 29 Aug 2024Sold
- 20 Jun 2024Listed for Sale Not Disclosed
- 08 Aug 2022Listed for Rent $770 / 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 3,313 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.
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