OFF MARKET

708/2 Akuna Street
City ACT 2601

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 61m2
Land area: 2307m2
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Property Details for 708/2 Akuna St, City

708/2 Akuna St, City is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1986. The property has a land size of 2307m2 and floor size of 61m2.

Building Type
Unit
Year Built
1986
Floor Size
61m2
Land Size
2307m2
Local Government
Canberra Central

Last Listing description (October 2024)

Often sought, rarely found, a generous size one bedroom and office apartment complete with a car space and storage in the heart of the city for an unbelievable price of $395,000!!

The property is sold vacant possession; however, your options are live in or, to rent out privately, offer your property to Nesuto to manage on your behalf and receive a monthly guaranteed rent.

The generous size master bedroom has a double mirrored glass sliding wardrobe doors, you can access the bathroom from either the bedroom, or the living room.

There is a bedroom size study/office with a separate access door in to the study/office as well.

The ageless granite benchtops look modern, the cooking consist of electric hotplates and under bench electric wall oven, and to complete the appliances you have modern dishwasher draw.

There is 24-hour front reception available to Nesuto guests only, you have your own private letterbox located in the foyer. Other benefits you can enjoy are, the heated indoor lap pool, well equipped gym, a game of table tennis, or you have use of roof top tennis.

Living in the heart of the city, you are moments away from the best bars, and restaurants Canberra has to offer. Downstairs there is the famous Banana Leaf Restaurant, as well as a convenience store, coffee shop, and a very popular Asian takeaway.

Features:
Exceptional Inner City Living
Lift access from the basement to your apartment level
Car Park
Storage
Granite benchtops, electric hotplates and under bench electric wall oven, & dishwasher draw.
Two-way bathroom
Reverse cycle A/C
European laundry
Separate study/office with private access
Guest lounge upstairs
BBQ terrace
Heated indoor pool, & gym
Size 48m2
Car Park & Storage

Rates: $587 pq (approx)
Body Corp: $1900 pq (approx)
Rental Appraisal: $525 pw (approx)

* The seller/s have provided all information pertaining to this property, and every care has been taken to verify the accuracy of the information contained in this document by the seller, we wish to declare no warranty (either express or implied) is given by the sellers or Sadil Quinlan Mark Higgins or its agents as to the accuracy of the content, buyers are advised and should conduct their own investigation into all matters concerning this property*
*Photos are for illustration purposes only*

Property History for 708/2 Akuna St, City, ACT 2601

A timeline of how this property has performed in the market
Listed for Rent
$445/w
28 Sep 2023
  • 28 Oct 2024
    Listed for Sale $395,000
  • 21 Jul 2023
    Listed for Rent $445 / 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 3,283 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 47 properties listed for sale, and 46 properties listed for rent in City on OnTheHouse. According to CoreLogic's data, 144 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.