SOLD
Sold on 15 Aug 2024 for $735,000

716/240 Bunda Street
City ACT 2601

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 90m2
Land area: 4180m2
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Property Details for 716/240 Bunda St, City

716/240 Bunda St, City is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2013. The property has a land size of 4180m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in City in the last 12 months.

Building Type
Unit
Year Built
2013
Floor Size
90m2
Land Size
4180m2
Local Government
Canberra Central
Lot/Plan
CITY: Block 1, Section 52, Unit 215

Last Listing description (July 2024)

Indulge in the epitome of luxury living in the heart of Manhattan, where meticulous attention to detail transforms every moment into a seamless blend of comfort and delight. Immerse yourself in the convenience of diverse shopping, cafe, and dining options, just a stone's throw away from the renowned Canberra Centre.

Discover a residence that embraces the beauty of its surroundings. With Lake Burley Griffins only 300m from your doorstep and the charming Glebe Park right in front of the Manhattan Building, nature seamlessly intertwines with urban living. For those pursuing knowledge, the Canberra Institute of Technology (CIT) Reid Campus is conveniently located around the corner.

This North-facing gem unveils a stunning and generously sized apartment, a true retreat that exudes tranquillity and privacy. The sizable bedroom features a built-in robe, and the fully tiled bathroom and European laundry seamlessly blend convenience with modern flair. Embrace the benefits of secure basement car parking and a dedicated storage cage for your belongings. The apartment offers intercom access for enhanced security, and the luxury of ducted reverse cycle air conditioning ensures a comfortable living environment year-round.

Welcome to a residence that transcends the ordinary, inviting you to experience Manhattan living at its finest.

Features:
- Intercom access
- CCTV at the main building entry and car park entry/exit points
- Secure allocated car space and storage
- Built-in wardrobes in the bedroom
- Bosch stainless steel kitchen appliances, including microwave
- Designer bathroom fittings
- Fisher & Paykel dryer
- Ducted air-conditioning in the living area and bedrooms
- Double-glazed floor-to-ceiling windows
- Car parking space with storage
- 25 meters outdoor heated swimming pool and spa
- Fully equipped GYM room with toilet and shower facilities
- Outdoor entertaining area

Location:
- 1 mins walk to Canberra Centre
- 1 mins walk to Glebe Park
- 600m to City Interchange
- 850m to CIT
- 1.5km to ANU
- 8 mins drive to Canberra Airport
- 10 mins drive to Calvary Hospital

Property Numbers: (approx.)
- Internal area: 91 m2
- Balcony area: 14 m2
- Total Living area: 105 m2
- EER: 6.0
- Water: $186.77 per quarter
- Rates: $500.00 per quarter
- Land Tax: $598.67 per quarter (Investors only)
- Levies: $1,741.60 per quarter
- Rental Estimate: $850.00 per week
- Built: 2013

Property History for 716/240 Bunda St, City, ACT 2601

A timeline of how this property has performed in the market
Last Sold
$735,000
15 Aug 2024
Listed for Rent
$680/w
01 Aug 2022
  • 15 Aug 2024
    Sold for $735,000
  • 10 Jul 2024
    Listed for Sale $749,990+
  • 08 Jul 2022
    Listed for Rent $680 / 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 45 properties listed for sale, and 48 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.