Back 109/2 Akuna Street
Off Market

109/2 Akuna Street

City ACT 2601

1
56 m²
Studio
Michael HuggMichael Hugg, last sold this property on 21 May 2026 after 83 days on market.

Overview

Clear Instructions to Sell - Studio | 56m2

*Viewed by private appointment unless advertised. Positioned in the heart of Canberra City, 109/2 Akuna Street presents a rare low entry, high return opportunity. Previously leased at $430 per week, this studio apartment represents a gross return of over 10% at the guide price. With the current tenancy concluding, investors have the flexibility to secure a new lease immediately and capitalise on strong CBD demand. Offering approximately 56m² of internal living plus a private balcony, the layout provides defined living, dining and study zones - a key advantage in the one bedroom market at this price point. Features include: - Full kitchen with stone benchtops and dishwasher - Built in robes - Spacious bathroom with bath - Reverse cycle heating and cooling - 6 Star EER - Fully furnished option available Residents enjoy access to an indoor heated lap pool, sauna, gym, tennis court and BBQ facilities - attractive inclusions for tenant appeal. Set within walking distance to Canberra Centre, ANU, light rail and major employment hubs, this is a strategic CBD holding with strong rental fundamentals.

Features

1 bathroom
56 m² floor area
Studio

Estimated Value

We need at least 3 similar studios sold in City over the last 12 months.

Property history for 109/2 Akuna Street

2026
Sold
Undisclosed
21 May 2026 by Michael Hugg, of The Agency Canberra
2025
Rented
Undisclosed
Leased on 08 May 2025 by LJ Hooker Canberra City
2023
Rented
Undisclosed
Leased on 05 Mar 2023 by LJ Hooker Canberra City

Happy sellers in City

75%
75% of sellers in City reported that their sale price either exceeded or met their price expectations.

City stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 34 reviews in City over the last 12 months.

Local market activity for studios in City

In the last 12 months, 1 studio similar to 109/2 Akuna Street, have been sold.

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