Back 112/2 Akuna Street
Off Market

112/2 Akuna Street

City ACT 2601

1
1
43 m²
Apartment
Last sold for $299,500
Grahame OBrienGrahame OBrien, last sold this property on 04 March 2021 after 77 days on market.

Overview

Location & convenience

Nest or Invest - Location, location, location! New to the market is this delightful City apartment that has been freshly painted & re-carpeted throughout. It includes a large workable kitchen with stone benchtops, lots of storage space & stainless steel appliances. Nestled in the heart of Canberra city & situated on the first floor, this open plan apartment boasts a large 16m2 balcony ideal for entertaining. Relax with a cup of coffee from your local café & enjoy outdoor living from your oversized balcony. The apartment location & convenient lifestyle is perfect for either a live-in buyer looking for great value or an investor looking for a combination of high yield and a great location. There is an almost endless list of food options, entertainment venues, employment & lifestyle activities right on your doorstep. These include The Canberra Centre, numerous eateries, theatre, social entertainment & the business hub of Canberra. Features: - Vacant and ready to move into now - Open plan living area - Large 16m2 balcony - Freshly painted & new carpet - European style laundry - Fisher & Paykel appliances - Washing machine, dryer & fridge Around the Area: - 170m Civic Square - 200m Canberra Centre - 210m Casino Canberra - 240m Canberra Museum & Gallery - 400m Canberra Olympic Pool - 450m Glebe Park - 550m Canberra Theatre Centre - 1.1km Lonsdale St, Braddon presenting itself with many restaurants - 1.7km Australian National University Essentials: EER: 6 Living area: 43m2 Balcony area: 16m2 Total area: 59m2 Rates: $1,647 pa approx.. Land tax (investors only): $2,001 pa approx.. Age: 20 years Expected Rental return: $370 - $400 Strata Levies: $5,579 Strata Manager: Civium Units Plan Number: 1792

Features

1 bedroom
1 bathroom
43 m² floor area
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in City over the last 12 months, the estimated median property value of 112/2 Akuna Street is $455k.

Median value
$455k
Estimated value range
$200k - $660k
Median days on market
92
Estimated value trend
-5%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in City. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 112/2 Akuna Street

2021
Sold
$299,500
Private Sale/Treaty on 04 Mar 2021 by Grahame OBrien, of Independent Property Group North

Happy sellers in City

70%
70% 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 1 bedroom apartments in City

In the last 12 months, 44 one-bedroom apartments similar to 112/2 Akuna Street, have been sold.

This represents a 37% increase in one-bedroom apartments sales when compared to the previous 12 months.

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