OFF MARKET

915/25 Edinburgh Avenue
City ACT 2601

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 915/25 Edinburgh Ave, City

915/25 Edinburgh Ave, City is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014.

Building Type
Unit
Year Built
2014
Local Government
Canberra Central
Lot/Plan
CITY: Block 40, Section 106, Unit 110

Last Listing description (November 2023)

Situated in the highly regarded Nishi building, this beautifully presented 9th floor apartment is conveniently positioned for you to enjoy a lifestyle you've always dreamed of. Ready to move in straight away, this modern designed and styled apartment features a high level of fixtures, easy care living and amazing panoramic views from the Arboretum, across Lake Burley Griffin, all the way to Russell.

In every direction there is something to entertain and enjoy, from the variety of cafes, restaurants and bars to the many galleries, theatres, and libraries. You may never need your car again with the light rail stop just a short stroll away. Live where you want, how you want, in the very heart of the nation's capital.
Currently rented through AIR BNB and has a 70% occupancy rate, so this property can be sold fully furnished.

The Perks:
Single level design
Breathtaking views from the moment you walk in
Tiled throughout
Curved ceiling with feature LED mood lighting
LED downlights throughout
Gas strut queen bed with custom cupboards and shelves
Floor to ceiling tiles in bathroom
Frameless shower screen
Heated towel rail
Quality curtains
European style laundry with dryer & washing machine
Ceiling fans in bedroom and living area
Soft-close draws in kitchen
Bosch electric oven, gas cooktop & integrated dishwasher
Hydronic wall heaters located in bedroom and living room
Floor-to-ceiling 12mm double glazed windows
Large, covered balcony
Feature shelving and frosted glass
Undercover allocated carpark with storage cage
All the furniture, linen and appliances can be sold as well

The Numbers:
Living area: 52m
EER rating: 6 STARS
Rates: $425 p.q approx.
Land tax: $494 p.q approx. (investors only)
Strata: $773 p.q approx.
Rental estimate (unfurnished): $520-$530 p.w
Rental estimate (fully furnished): $570-$590 p.w

Explaining the private treaty process:
To ensure a fair & equitable process, all offers are confidential. This gives our buyers peace of mind that
we will not disclose an offer to another buyer in an attempt to force that buyer's intent. For guidance on
when offers close and how best to submit an offer, please contact the agent directly.

Property History for 915/25 Edinburgh Ave, City, ACT 2601

A timeline of how this property has performed in the market
  • 07 Sep 2023
    Listed for Sale Offers Over $472,500
  • 04 Jul 2022
    Listed for Sale Not Disclosed
  • 25 Jan 2021
    Listed for Sale $450,000+

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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 3,283 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.