OFF MARKET

804/2 Marcus Clarke Street
City ACT 2601

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 79m2
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Property Details for 804/2 Marcus Clarke St, City

804/2 Marcus Clarke St, City is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1992. The property has a floor size of 79m2.

Building Type
Unit
Year Built
1992
Floor Size
79m2
Local Government
Canberra Central
Lot/Plan
CITY: Block 8, Section 8, Unit 804

Last Listing description (September 2015)

Located in the iconic Capital Tower development with its outstanding life style facilities and views over the city, this apartment is currently receiving on average an amazing rental return monthly, the property is ideal for investors alike.
Offering 2 good sized bedrooms and flooded with light, this 72.5m2 apartment is positioned on the 8th floor and has a great floor plan that takes full advantage of the north eastern orientation - this property is well designed and feels much larger than its floor space.
With open plan living, a terrific galley kitchen, its own laundry in the bathroom and a generous main bedroom this is priced like the property is fully furnished with contemporary furniture in good condition so it's a walk right in proposition.

Additional features include ducted heating and cooling, parallel basement parking & storage - think wine cellar. The complex itself has controlled access, a resident manager and a concierge; the building is cabled for Foxtel and there around fifty controlled surface car park spaces available for guests.
Right in the heart of the action, opposite the sophisticated New Acton Arts Precinct with its restaurants, cafes & bars, with the Lake, the Australian National University & the business district all within walking distance this property is highly attractive for those looking for short term accommodation during their stay in Canberra; there is also opportunity to take in a movie, go to concerts at Llewellyn Hall or see a wide variety of productions at the Street Theatre.
Lifestyle facilities include tennis and squash courts, a gym, sauna and spa. Summer BBQ's on the terrace overlooking the heated pool can be a great way to entertain; the sheltered courtyard, with its mature trees and plantings, is a delightful space for sitting out and relaxing. Bike racks are available on each of the two basements.
As the New Acton precinct develops the appeal of this apartment complex in this location is sure to rise, making it great for both securing short or long term tenants and future capital gains.
General Rates: $1,032.00 pa
Land Tax: $1,254.24 pa - payable if leased out
Water & Sewerage: $608 pa
Body Corporate Levies: $5,920.00 pa -
Includes cost of heating & cooling
The building attracts a 4% depreciation allowance. The Pet Policy is available on request.Please call 02 6232 0100 to inspect today for a great investment or lifestyle choice. This apartment can be sold fully furnished.
Disclaimer:
While all care has been taken in compiling information regarding properties marketed for rent or sale, we accept no responsibility and disclaim all liabilities in regards to any errors or inaccuracies contained herein. All parties should rely on their own investigation to validate information provided.

Property History for 804/2 Marcus Clarke St, City, ACT 2601

A timeline of how this property has performed in the market
  • 27 Apr 2015
    Listed for Sale $420,000

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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 3,285 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, 138 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.