OFF MARKET

801/240 Bunda Street
City ACT 2601

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 68m2
Land area: 4182m2
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Property Details for 801/240 Bunda St, City

801/240 Bunda St, City is a 1 bedroom, 1 bathroom Unit and was built in 2013. The property has a land size of 4182m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in May 2018.

Building Type
Unit
Year Built
2013
Floor Size
68m2
Land Size
4182m2
Local Government
Canberra Central
Lot/Plan
CITY: Block 1, Section 52, Unit 206

Last Listing description (November 2022)

Moments from the heart of the city, this ultra-modern one bedroom apartment in the celebrated Manhattan on the Park complex offers luxury living at every turn with a spacious open-plan living and dining area adjoining a stylish kitchen boasting stone benchtops and quality stainless-steel appliances. Step outside onto a large balcony with sweeping northerly views of the City to an instantly inviting space sure to be enjoyed all year round by family and friends.

Comfortable living is assured with double glazed windows, ducted heating and cooling, a large kitchen and quality bathroom. The generous sized bedroom allows space for a desk or sitting area and also has separate access to the balcony.

Facilities in the complex include secure basement car parking, swimming pool and spa, BBQ facilities and a private gym all conveniently located on the third floor. Showcasing a wonderful sense of space throughout, market entrants will purchase with certainty and confident investors can set and forget with a return of $420 per week with an excellent tenant in place until June.

Features:
- Spacious open plan living area flowing onto massive balcony
- Modern kitchen with stainless-steel appliances and stone benchtops
- Single bedroom with built-in robe and balcony access
- Separate modern bathroom
- Ducted air conditioning throughout for all year round comfort
- Resort facilities including pool, spa, gym and barbecue terrace
- Convenient basement parking plus storage cage and visitor parking
- Short walk to the shores of Lake Burley Griffin and Canberra CBD
- Double-glazed windows throughout
EER: 6.0

Property History for 801/240 Bunda St, City, ACT 2601

A timeline of how this property has performed in the market
Last Sold
$438,000
05 May 2018
  • 05 May 2018
    Sold for $438,000
  • 06 Mar 2018
    Listed for Sale $420,000+
  • 29 Mar 2011
    Sold for $481,900

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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.