Back 4/12 Marcus Clarke Street
Off Market

4/12 Marcus Clarke Street

City ACT 2601

2
1
1
96 m²
Apartment
Last sold for $555,000
Lisa QuickLisa Quick, last sold this property on 19 January 2022 after 44 days on market.

Overview

Inner City loft with bonus commercial use lease purpose

Set over two levels, this loft style apartment boasts space, light and the convenience of being on the City's doorstep. Set over two levels, the property features open plan living, high ceilings, a generous second floor bedroom plus a separate study which could alternatively be used as a second bedroom. If you needed another reason to scoop this one up, the property is one of only few apartments in the complex with a commercial lease purpose clause allowing for: residential, hotel/motel, restaurant, shop, office, financial establishment, indoor recreational facility, and club to name a few. With direct street access, a gated, enclosed courtyard plus a first floor balcony, the apartment is a comfortable home within walking distance of the ANU, Lake Burley Griffin, and the CBD. Or invest in the commercial opportunity the property offers for your own business, or to let to a commercial tenant. Features include: - Generous open plan living areas with bamboo flooring - A good sized kitchen with movable island bench, - Stainless steel appliances including dish drawer - Large main bedroom with walk in robe - Separate study or second bedroom - Split system heating and cooling - Single car space - Lock up storage cage - Street access gated courtyard and 1st floor balcony - Commercial lease purpose clause including office, shop, restaurant and more - Close to some of Canberra's most popular cafe and restaurant precincts, - Close to the ANU, CBD and Lake Burley Griffin - Common facilities including lap pool, gym, barbecue area and sauna - Strata $1,371.54 pq

Features

2 bedrooms
1 bathroom
1 carspace
96 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 4/12 Marcus Clarke Street is $650k.

Median value
$650k
Estimated value range
$375k - $975k
Median days on market
84
Estimated value trend
-2%
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 4/12 Marcus Clarke Street

2022
Sold
$555,000
Private Sale/Treaty on 19 Jan 2022 by Lisa Quick, of Peter Blackshaw City and Inner North
2020
Rented
Undisclosed
Leased on 06 Feb 2020 by CTC Property Group

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 2 bedroom apartments in City

In the last 12 months, 55 two-bedroom apartments similar to 4/12 Marcus Clarke Street, have been sold.

This represents a 25% increase in two-bedroom apartments sales when compared to the previous 12 months.

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