OFF MARKET

66/3 London Circuit
City ACT 2601

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 102m2
Land area: 6923m2
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Property Details for 66/3 London Cct, City

66/3 London Cct, City is a 2 bedroom, 2 bathroom Unit and was built in 2007. The property has a land size of 6923m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
Unit
Year Built
2007
Floor Size
102m2
Land Size
6923m2
Local Government
Canberra Central
Lot/Plan
CITY: Block 2, Section 6, Unit 260

Last Listing description (February 2023)

Want a picturesque pad and would you like it now? This apartment is vacant and there is even the option to move in prior to settlement so you can start planning your next chapter.

Where you live becomes a part of who you are; the atmosphere inspires you, the people on the streets influence you & the nearest caf is soon to be your favorite haunt. So why wouldn't you want to live in a thriving metropolis surrounded by the culture & convenience of the city.

Welcome to 'The Metropolitan', where contemporary living is infused with comfort & ease & your next social engagement is held right around the corner. Invite your friends over for a Friday afternoon drink & take in the great views to the Lake and to Parliament house from your balcony and living areas.

In every direction there is something to entertain & enjoy, from the shores of Lake Burley Griffin to the variety of cafes, restaurants & bars, the many galleries, theatres & libraries at ANU. You may never need your car again with the light rail stop just a short stroll away. Live where you want, how you want, in the very heart of the nation's capital.

To get a copy of the digital brochure containing an explanation of our friendly sales campaign and the full contract, please send us an email and note your full name and mobile number and it will be automatically sent to you.

What buyers will love most:
Views of the Lake from every room.
The large floor plan that is, completely single level, no steps
Light, bright, and airy thanks to wrap around windows
Lovingly cared for & beautifully presented
New carpets
Freshly painted
Vacant possession with the option for early access prior to settlement
2 side by side car spaces plus a colourbond storage enclosure

Apartment features:
Modern kitchen with stone benchtops, large island bench, stainless steel appliances & dishwasher, plus an updated oven and cooktop (only 1 year old)
Huge main bedroom big enough for a king size bed with his and hers, mirrored robes & access to the 2nd balcony, plus an ensuite with double vanity
Spacious 2nd bedroom with built in robes and a sliding door and blind to turn it into a multipurpose room
Ducted reverse cycle air conditioning (heating and cooling) updated in 2019
Main bathroom with a combo bath/shower
Separate laundry room with dryer and linen cupboard
Faces east and south
Block out curtains to all windows

The Metropolitan features:
Resort style facilities including an Indoor heated lap pool & sauna
Fully equipped gym over two levels
BBQ facilities in common courtyard/entertaining space
NBN - FTTB
Intercom & lift access
Rubbish chute on each level
On site building manager
Pets welcome (subject to body corporate notification)
Walking distance to an array of Canberra's trendiest cafes & bars
Short walk to The Australian National University & scenic Lake Burley Griffin

The Numbers:
Level 8
Internal living area: 109m2
Balcony: 13m2
Age of unit: 16 years old (built 2007)
Strata levies: $6,493 p.a.
General rates: $1,939 p.a.
Land tax (investors only): $2,284 p.a.
Water & sewerage rates: $670 p.a.
Rental potential: $720/week
Potential to rent each car space alone for $75/week or $3,900/year or $7,800 for both
EER: 6 stars
Strata manager: Signature Strata.
UP 3063 with 342 units spread over 8 buildings
Total funds saved by the strata: $3,909,048 as of 08/12/22

To Help Buyers
-We advertise a guide price which your offer must exceed.
-Offers can be conditional (subject to finance/valuation) or unconditional and on a contract with a waiver of the cooling off (preferred)
-We have a solicitor that can provide a FREE contract review and section 17 if required
-All offers are confidential & will not disclosed to other buyers for privacy purposes.
-A 5% deposit is acceptable

Property History for 66/3 London Cct, City, ACT 2601

A timeline of how this property has performed in the market
Last Sold
$760,000
07 Feb 2023
Listed for Rent
$595/w
26 Sep 2016
  • 07 Feb 2023
    Sold for $760,000
  • 19 Jan 2023
    Listed for Sale Offers Over $700,000
  • 05 Sep 2016
    Listed for Rent $595 / 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 3,318 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.