OFF MARKET

701/2 Akuna Street
City ACT 2601

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 38m2
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Property Details for 701/2 Akuna St, City

701/2 Akuna St, City is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 2000. The property has a floor size of 38m2.

Building Type
House
Year Built
2000
Floor Size
38m2
Local Government
Canberra Central

Last Listing description (January 2018)

A TRUE 1 BEDROOM APARTMENT AND NOT A STUDIO, THIS PROPERTY IS GREAT VALUE FOR ANY INVESTOR WHO WANTS TO: HAVE A SET AND FORGET GUARANTEED RETURN WITHIN THE SERVICED APARTMENT SCHEME PURCHASE A PROPERTY FULLY FURNISHED TO LEASE PRIVATELY HAVE A BASE IN CANBERRA CBD THEY CAN RENT SHORT TERM, AND STAY IN THEMSELVES USE THE CARPARK THEMSELVES FOR WORK AND RENT THE APARTMENT WITHOUT THE CARSPACE SAVING $100PW FOR A PRIVATE CITY PARKING SPACE SITUATED IN THE HEART OF THE CITY THIS PROPERTY HAS EASY ACCESS TO CAFES, RESTAURANTS, PUBS, GOVERNMENT BUILDINGS, THE CANBERRA CENTRE, SPECIALTY SHOPS, CASINO ETC AND MAKES THIS A MUST SEE INVESTMENT.THIS 1 BEDROOM, SELF CONTAINED APARTMENT HAS SECURITY ACCESS AT STREET LEVEL AS WELL AS OFFERING ONE BASEMENT CAR SPACE FOR THE OWNER OR TENANT OF THIS UNIT.RETURNS: PRIVATELY RENTED FULLY FURNISHED: $430-$450 PER WEEK PRIVATELY RENTED FULLY FURNISHED EXCLUDING CARSPACE (IF YOU'D LIKE TO RENT IT SEPARATELY OR USE YOURSELF: $400-$420 PER WEEK GUARANTEED WALDORF SERVICED APARTMENT SCHEME: $1,565.29PM = $361.22PW FEATURES: CENTRAL CITY LOCATION FULLY FURNISHED CAR SPACE HALOGEN DOWNLIGHTS IN LIVING AREAS GRANITE BENCH TOPS & STAINLESS STEEL APPLIANCES DISHWASHER, CERAMIC COOKTOP, WALL OVEN AND MICROWAVE DUCTED HEATING & AIR CONDITIONING FULL LAUNDRY INCLUDING WASHER, DRYER AND UTILITY SINK BROADBAND/HIGH SPEED INTERNET CONNECTION 24 HOUR RECEPTION SERVICE HEATED INDOOR LAP POOL & SPA ON SITE GYMNASIUM ROOF TOP TENNIS COURT AND BBQ AREA

Property History for 701/2 Akuna St, City, ACT 2601

A timeline of how this property has performed in the market
  • 27 Nov 2017
    Listed for Sale LAST ASKING PRICE - $259,000
  • 18 Oct 2017
    Listed for Sale Not Disclosed
  • 16 Jun 2017
    Listed for Sale $259,000
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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 3,286 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 44 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.