Back 508/240 Bunda Street
Off Market

508/240 Bunda Street

City ACT 2601

1
1
1
60 m²
Apartment
Last sold for $480,000
Anthony McCormackAnthony McCormack, last sold this property on 02 February 2026 after 23 days on market.

Overview

Executive City Living

Buyers guide around $500,000 Discover the perfect inner-city retreat designed for modern professionals. This stylish one-bedroom apartment combines sleek, contemporary finishes with abundant natural light and a thoughtful layout, creating a home that's both functional and inviting. Enjoy the ease of city living with a peaceful sanctuary to return to after a busy day, complemented by premium amenities and access to one of Canberra's most desirable precincts. THE HIGHLIGHTS: - Spacious one-bedroom layout with a generous master suite - Modern bathroom with quality fittings - Open-plan living and dining flowing seamlessly to a balcony - Well-appointed kitchen with stone benchtops and stainless steel appliances - Large windows for natural light and city views - Ample storage including built-in robes - Ducted reverse-cycle heating and cooling for year-round comfort - Secure building access with intercom and lift - Part of the Manhattan on the Park complex - known for quality and design - Resort-style amenities: 25m heated pool, spa, gym, and landscaped gardens - Secure basement parking with storage locker included - Steps from Glebe Park, perfect for morning walks or weekend relaxation - Close to Canberra Centre, restaurants, cafés and public transport - Ideal for professionals seeking a low-maintenance, premium city lifestyle STATISTICS (all figures are approximate) EER: 6 Stars Living Area: 60m² Balcony Area: 15m² Rates: $530 per quarter Admin & Sinking Fund: $1,447 per quarter Land Tax: $628 per quarter (only applicable if not primary residence) Rental Assessment: $550 - $600 per week Disclaimer: Please note that while all care has been taken regarding information and marketing information compiled for this sale advertisement, Momentum Property does not accept responsibility and disclaim all liabilities in regard to any errors or inaccuracies contained herein. We encourage prospective buyers to rely on their own investigation and in-person inspections to ensure this property meets their individual needs.

Features

1 bedroom
1 bathroom
1 carspace
60 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 508/240 Bunda Street is $478.5k.

Median value
$478.5k
Estimated value range
$265k - $735.9k
Median days on market
66
Estimated value trend
-1%
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 508/240 Bunda Street

2026
Sold
$480,000
Sold Before Auction on 02 Feb 2026 by Anthony McCormack, of MOMENTUM PROPERTY SALES

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 1 bedroom apartments in City

In the last 12 months, 53 one-bedroom apartments similar to 508/240 Bunda Street, have been sold.

This represents a 27% increase in one-bedroom apartments sales when compared to the previous 12 months.

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