OFF MARKET

7/240 Bunda Street
City ACT 2601

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 81m2
Land area: 4180m2
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Property Details for 7/240 Bunda St, City

7/240 Bunda St, City is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 4180m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in October 2019.

Building Type
Unit
Year Built
2013
Floor Size
81m2
Land Size
4180m2
Local Government
Canberra Central
Lot/Plan
CITY: Block 1, Section 52, Unit 324

Last Listing description (November 2024)

It's Friday evening, you're home from work it's been a big week, but you also feel like seeing a movie, maybe grabbing some dinner. Lucky for you, this is all literally on your doorstep.

Stroll down to Raku for an award winning meal, follow it up with dessert at Via Dolce, or cruise into Dendy for your movie.

Saturday morning, head to the in-house gym, swim a few laps or maybe a walk around the lake, followed by brunch at any of the spectacular Canberra Cafes, whatever you want, you got it! Um, excuse me... can I live here please?

7/240 Bunda Street is the epitome of an all-encompassing lifestyle. The apartment itself is versatile, with master suite and the loft second bedroom upstairs and the main living area and terrace downstairs. Entry directly off the driveway so you avoid waiting for a lift in the morning, not to mention the fact you only have to walk five steps from the car to be home, thats if you even need a car when living in the centre of Canberra!

If you are looking to invest, this property delivers with a wonderful tenant in place and fantastic rental returns.

Live, work and play, all at home.

features
.situated on the ground floor of 'Manhattan on the Park' building
.loft style apartment
.two bedrooms with built-in wardrobes
.ground level entry, shared with only one other unit
.open plan living area
.large stylish kitchen with Bosch appliances
.modern finishes throughout
.double glazed windows
.ducted gas heating and cooling
.single car space right outside the front entrance
.swimming pool and gymnasium in the complex
.walking distance to dining options and Canberra Centre

EER: 5.0
Living Size: 81m2
Land Rates: $1383.44 pa (approx)
Land Tax: $1,612.00 pa (approx)
Body Corporate: $1,393.30 pq
Rental Opinion: $640 p/wk

Property is currently on a fixed term tenancy till early March 2025.

Property History for 7/240 Bunda St, City, ACT 2601

A timeline of how this property has performed in the market
Last Sold
$503,000
04 Oct 2019
  • 10 Oct 2024
    Listed for Sale $624,000+
  • 30 Jan 2024
    Listed for Rent $660 / week
  • 04 Oct 2019
    Sold for $503,000
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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 3,283 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 46 properties listed for rent in City on OnTheHouse. According to CoreLogic's data, 146 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.