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Back 2/5 London Circuit
Off Market

2/5 London Circuit

City ACT 2601

2
1
1
87 m²
Apartment
Last sold for $589,000
Igor SrbinovskiIgor Srbinovski, last sold this property on 18 December 2019 after 429 days on market.

Overview

Great investment & fantastic location

<br> Independent is delighted to present 2/5 London Cct, Canberra City; a&nbsp;rare opportunity to purchase a residential & commercially zoned property that gives you the ability to work from home.&nbsp;With a versatile floorplan, you can have choice in the way you live. With an open & flowing design, you'll find an airy & light-filled space as soon as you walk in to the property. The open rise staircase gives the appearance of a flowing space whilst the loft elements of the floorplan give you a modern touch on apartment living. With a strong rental return, this is a fantastic set & forget investment. Unit 1/5 next door is also currently for sale & could be sold together if you had larger space requirements. Features include: • Close to Canberra CBD • Light-filled design • Open rise staircase • 2 spaciaous bedrooms • Versatile kitchen with movable breakfast bar • Ducted heating & cooling • Modern bathroom • Guest powder room on ground floor • Spacious 87m2 of living • Courtyard & balcony • Facing onto London Cct • 1 car space situated close to apartment • Large storage cage in basement • Tenanted from January for 3 years at $640 p/w with annual increases • Short walk to restaurants, cafes, cinema & lifestyle driven amenities For further information or if you would like to view this property, call Igor Srbinovski on&nbsp;0410 606&nbsp;401&nbsp;to book your private appointment today. <br>

Features

2 bedrooms
1 bathroom
1 carspace
87 m² floor area
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in City over the last 12 months, the estimated median property value of 2/5 London Circuit is $652.5k.

Median value
$652.5k
Estimated value range
$405k - $1.23m
Median days on market
73
Estimated value trend
-9%
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 2/5 London Circuit

2022
Rented
Undisclosed
Leased on 05 Dec 2022 by The Agency Canberra
2019
Sold
$589,000
Private Sale/Treaty on 18 Dec 2019 by Igor Srbinovski, of Raine & Horne Queanbeyan/Jerrabomberra
2018
Rented
Undisclosed
Leased on 17 Jan 2018 by Civium Property Group - Canberra

Happy sellers in City

72%
72% 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 36 reviews in City over the last 12 months.

Local market activity for 2 bedroom apartments in City

In the last 12 months, 63 two-bedroom apartments similar to 2/5 London Circuit, have been sold.

This represents a 1% decrease in two-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in City

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Cameron Cleary

Cameron Cleary is a recommended agent for City.  They have 8 local sales and collected 8 local reviews across the last 12 months.

  •   4.9   (17 reviews)
  •  8 Reviews in City
  •  8 Sales in City
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Phil Smith

Sellers who recommend Phil Smith have praised them for being local expert, clear communication, reliable and friendly

  •   5   (47 reviews)
  •  8 Reviews in City
  •  6 Sales in City
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Ricky Chung

Sellers who recommend Ricky Chung have praised them for being local expert, well-prepared, enthusiastic, fast sale, hard-working and clear communication

  •   5   (53 reviews)
  •  4 Reviews in City
  •  3 Sales in City
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Samantha Linsdell

Sellers who recommend Samantha Linsdell have praised them for being clear communication, local expert, responsive, supportive, friendly, well-prepared and reliable

  •   4.9   (258 reviews)
  •  4 Reviews in City
  •  2 Sales in City
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