OFF MARKET

80/66 Allara Street
City ACT 2601

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 96m2
Land area: 3716m2
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Property Details for 80/66 Allara St, City

80/66 Allara St, City is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2002. The property has a land size of 3716m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
Unit
Year Built
2002
Floor Size
96m2
Land Size
3716m2
Local Government
Canberra Central
Lot/Plan
CITY: Block 4, Section 10, Unit 80

Last Listing description (July 2021)

Sitting in a beautiful inner-city complex, this 96m2 contemporary top floor home feels more spacious than the average one bed apartment, with soaring ceilings, plenty of natural light and a two storey design. It also features stylish finishes, and a convenient location right in the heart of the City.

Its sun-filled living areas are provided through the unique floor to ceiling timber windows that streams into the split level bedroom and open plan lounge/dining.

The Forum Apartments are conveniently located on the doorstep of the City being mere moments from all the shopping, dining and lifestyle opportunities. Experience the new revitalized Canberra Centre and some of the City's finest restaurants on the Bunda Street dining precinct.

For the added convenience of its residents, the development also offers a fully equipped gym, rooftop terrace and a landscaped inner courtyard with a water feature.

Property features include:
- Premium Inner City location
- Moments walk to Lake Burley Griffin & other iconic sites
- Lofted timber windows to the East facing living area
- Guest powder room downstairs
- Good size balcony with tree-lined views
- Stone benchtops, Bosch appliances including dishwasher and microwave
- Roller blinds to windows in the living area
- Intercom access
- Split system air conditioning
- Spacious second-floor bedroom with separate bathroom
- Restricted garage parking space for one car
- Lock up storage cage within complex garage space
- Residents onsite gym, communal rooftop BBQ and seating
- Vacant possession, ready to occupy
- Rental estimate $500-525 per week

Outgoings (per qtr):
- Rates: $390.00
- Water & sewerage: $166.00
- Body corporate: $916.50
- Land tax: $476.00 (investors only)

VACANT & AVAILABLE FOR IMMEDIATE POSSESSION

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Property History for 80/66 Allara St, City, ACT 2601

A timeline of how this property has performed in the market
Last Sold
$520,000
27 Jul 2021
Listed for Rent
$500/w
06 Jul 2020
  • 27 Jul 2021
    Sold for $520,000
  • 07 Jul 2021
    Listed for Sale $470,000+
  • 04 Jun 2020
    Listed for Rent $500 / 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 3,318 properties. Over the last 5 years, Houses in City have seen a -3.37% decrease in median value, while Units have seen a 17.15% increase. As at 31 August 2024:

  • The median value for Houses in City is $709,333 while the median value for Units is $584,313.
  • Houses have a median rent of $615 while Units have a median rent of $645.
There are currently 44 properties listed for sale, and 38 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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