Back 402/240 Bunda Street
Off Market

402/240 Bunda Street

City ACT 2601

2
2
1
85 m²
Apartment
Last sold for $645,000
Grahame OBrienGrahame OBrien, last sold this property on 07 August 2025 after 97 days on market.

Overview

Modern Inner City living, in a prime location for convenience, situated in a highly sought-after quality development.

Perfectly positioned in the heart of Canberra's city, this spacious and high-end style apartment in the highly sought-after Manhattan building delivers the best of urban living, offering a view of Black Mountain Tower and a front-row seat to the city's vibrant energy. Whether you're relaxing at home or heading out to enjoy Canberra's best dining, shopping, and entertainment, this residence offers both comfort and convenience in equal measure. Step inside and experience the sense of space created by high ceilings, full-height windows, and an efficient floor plan. The full-sized kitchen is beautifully appointed with Bosch appliances, plenty of stone counter space, and a stylish stone island bench - the perfect centrepiece for cooking or casual dining. The living and dining areas flow seamlessly onto a generous balcony, also accessible from the main bedroom, creating a strong connection between indoor and outdoor living. Both bedrooms are well-sized with built-in wardrobes and excellent natural light, while the bathrooms are finished with dark custom stone tiling, giving a refined, modern feel. The residence offers lots of storage compared to other apartments and the efficient floor plan ensures no space is wasted, offering functionality and flow throughout. Residents also enjoy exclusive access to Manhattan's resort-style amenities, including an elevated large lap pool and barbecue area overlooking the tranquil greenery of Glebe Park - a peaceful contrast to the dynamic city just beyond. With ducted heating and cooling, quality finishes throughout, and a truly unbeatable location just seconds from Civic's shopping and dining precinct, this apartment offers an exceptional lifestyle opportunity for homeowners and investors alike. Features: - Prime location in Canberra's City - Situated in highly sought-after Manhattan building - High Ceilings giving a feel of luxury - Full-sized kitchen with island bench - Efficient, well-designed floor plan - Generously sized balcony for outdoor living - Double-glazed windows - Wood vinyl flooring in the living area - Carpeted hallway and bedrooms - Custom stone tiling in both bathrooms - Resort-style amenities, including a lap pool and barbeque area overlooking Glebe Park - Ducted Heating & Cooling - On the doorstep of the Canberra Centre Shopping Mall and Glebe Park. Essentials: (Approx.): - Living size: 85m2 - Balcony: 17m2 - Total combined area: 102m2 - Rates: $2,072 p.a - Land tax: $2,610 p.a (investors only) - Strata Levies: $7,007 p.a - Strata Management: Grady Strata & Facilities - Rental Estimate: $700 - $750 per week - Age: 11 years (built 2014) - EER: 6

Features

2 bedrooms
2 bathrooms
1 carspace
1 open car space
85 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 402/240 Bunda Street is $650k.

Median value
$650k
Estimated value range
$405k - $1.23m
Median days on market
77
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 402/240 Bunda Street

2025
Sold
$645,000
07 Aug 2025 by Grahame OBrien, of Independent Property Group North
2021
Sold
$580,000
29 Apr 2021 by Linda Lockwood, of Belle Property Canberra

Happy sellers in City

71%
71% 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, 60 two-bedroom apartments similar to 402/240 Bunda Street, have been sold.

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