OFF MARKET

70/2 Edinburgh Avenue
City ACT 2601

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 146m2
Land area: 6923m2
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Property Details for 70/2 Edinburgh Ave, City

70/2 Edinburgh Ave, City is a 3 bedroom, 2 bathroom Unit and was built in 2007. The property has a land size of 6923m2 and floor size of 146m2. While the property is not currently for sale or for rent, it was last sold in June 2020.

Building Type
Unit
Year Built
2007
Floor Size
146m2
Land Size
6923m2
Local Government
Canberra Central
Lot/Plan
CITY: Block 2, Section 6, Unit 253

Last Listing description (July 2020)

A must-see by anyone wanting to live in a spacious, three-bedroom apartment opposite the New Acton Precinct, renowned for its fine dining, great coffee, international movies, music and art exhibitions. The ANU, Llewellyn Hall and the lake are within walking distance.

Positioned on the 8th level of the Metropolitan the stylish, single level, apartment has 146m2 of light filled living space, opening to a wide balcony; all rooms have beautiful views over the lake to the Inner South, the Parliamentary Triangle or to Black Mountain. The building has controlled and lift access to all levels and an on site building manager.


Living, working and playing in the City has never been easier. The generous, versatile, floor plan provides options for formal dining, a separate study or a media room. Living spaces have access to the terrace, perfect for outdoor living and entertaining family and friends or relaxing with a pre dinner drink while taking in the view. A well-designed kitchen has stone bench tops, stainless steel appliances, and a pantry cupboard.

The main bedroom suite features its own balcony, a walk through robe and ensuite bathroom. Bedrooms two and three have a built in robe and a re conveniently positioned opposite the main bathroom.

Ducted reverse cycle heating/cooling, ensures year round comfort; there is parallel basement parking for two vehicles and good storage.

Residents of the Metropolitan enjoy beautifully maintained facilities including discrete, leafy courtyards with BBQ facilities, one of Canberra's best indoor lap pools, and cardio and weights gyms.

Government Charges:
General Rates:$2,000.47 pa
Land Tax: $2.374.88 pa
Water & Sewerage Supply: $677.36 pa

Body Corporate Levies: $11,363.44 pa
Potential Rental $900 - $950 pw

Property History for 70/2 Edinburgh Ave, City, ACT 2601

A timeline of how this property has performed in the market
Last Sold
$875,000
12 Jun 2020
Listed for Rent
$820/w
08 Dec 2017
  • 12 Jun 2020
    Sold for $875,000
  • 04 Nov 2019
    Listed for Sale By Negotiation
  • 04 Dec 2017
    Listed for Rent $820 / 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 3,281 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 44 properties listed for sale, and 51 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.