OFF MARKET

84/3 London Circuit
City ACT 2601

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 102m2
Land area: 6923m2
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Property Details for 84/3 London Cct, City

84/3 London Cct, City is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2007. The property has a land size of 6923m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in January 2022.

Building Type
Unit
Year Built
2007
Floor Size
102m2
Land Size
6923m2
Local Government
Canberra Central
Lot/Plan
CITY: Block 2, Section 6, Unit 288

Last Listing description (February 2022)

**PLEASE NOTE: A CONTRACT WILL NOT BE ISSUED PRIOR TO AN INSPECTION OF THE PROPERTY. **

On the 10th floor of the tightly held Metropolitan development, this light and airy sky home is located between the ANU quarter, the NewActon cultural precinct, the currently developing Lake Burley Griffin West Basin precinct and Civic.

It is ideally positioned to enjoy a unique and very cosmopolitan Canberra lifestyle. The well equipped kitchen features masses of stone work surfaces including a huge island bench and adjoins the very generous open plan sitting and dining room which enjoy an added sense of space due to the walls of floor to ceiling glass, high ceilings and the new floating floor. Both living areas spill open to a breakfast balcony and an expansive entertaining terrace with Lake Burley Griffin, NewActon and Black Mountain views.

The accommodation consists of two segregated bedrooms, both of which open to balconies. The master suite enjoys a walk through robe and an ensuite bathroom.

Other features include new reverse cycle air conditioning units, two side-by-side secure car spaces, a storage cage and wonderful common areas that include an indoor pool, gymnasium and BBQ area. This apartment offers generous proportions, seamless inside and outside entertaining opportunities, gorgeous views and a fabulously convenient location.

Properties of this calibre rarely come onto the market, so put this one to the top of your list.

Property features:
Rented for $725.00 P.W until 30 October 2022
Light and airy throughout
Expansive outdoor entertaining terrace and balcony
Walls of floor to ceiling glass
High ceilings
Floating floors throughout the living areas
Two segregated bedrooms
Three new reverse cycle air conditioning units
Two side-by-side secure car spaces and a storage cage
Lake Burley Griffin, NewActon and Black Mountain views
Wonderful common areas that include an indoor pool, gymnasium and BBQ area
On the doorstep of the ANU, NewActon arts precinct, Civic and Lake Burley Griffin

Property size:
living: 108 sqm
balcony : 67 sqm

Body Corporate:
$9,073.24 P.A

Rates:
$2,076 P.A

Land tax (only if rented):
$2,422.2 P.A

Water and Sewerage:
$171.58 P.Q

Energy efficiency rating:
3.0

Year of construction:
2007

Comparable sales Date Price
1502/2 Marcus Clarke Street, City 11/11/2021 $775,000
710/240 Bunda Street, City 12/11/2021 $770,000
507/240 Bunda Street, City 21/04/2021 $765,000
1407/2 Marcus Clarke Street, City 14/10/2021 $750,000
111/3 London Circuit,City 21/05/2021 $745,000
505/21 Marcus Clarke Street,City 15/03/2021 $731,500
1605/2 Marcus Clarke Street,City 02/06/2021 $730,000

Owners' comments:
Location: Combined with the advantages of a central location, within cafes/restaurants in the area and a short walk to the main city area, but is placed close to access to the lake for walking and cycling. It is also very convenient to access and easy to get in/out of the area by car with Parkes way opening up access to other parts of Canberra.

The apartment itself is large and spacious compared to other 2 bedroom apartments. We like the open-plan aspect of the place.
But even compared to other apartments of the same surface area, it feels a lot larger. Many apartments contain relatively wasted/unusable space in hallways/entryways and the design/layout of this apartment has no hallways at all, so the space is efficiently used.

Kitchen and entertaining is a major feature of major importance to us. Kitchen is a good useful layout and has a large island bench (with power outlets) for working in. The kitchen area is also integrated into the remainder of the living space so anyone cooking remains connected with other household occupants.

Property History for 84/3 London Cct, City, ACT 2601

A timeline of how this property has performed in the market
Last Sold
$815,000
24 Jan 2022
Listed for Rent
$725/w
18 Oct 2019
  • 24 Jan 2022
    Sold for $815,000
  • 17 Jan 2022
    Listed for Sale 749,000+
  • 26 Sep 2019
    Listed for Rent - Price not available
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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 46 properties listed for sale, and 48 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.