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7/2 Edinburgh Avenue

City ACT 2601

1
1
1
71 m²
Apartment
Currently for sale - view listing

Overview

The Metropolitan – Perfect city pad or high yielding investment.

**Attention Investors: Gross rental yield is over 7% for this property **. Could this be the perfect high yielding addition to your portfolio or an opportunity to purchase in a self-managed superannuation fund? Discover this stylish one-bedroom apartment in the iconic Metropolitan development, offering the perfect blend of city lifestyle and investment potential. Ideally suited as a city pad or a high-yielding rental property, this home delivers convenience, comfort, and access to premium facilities. Apartment Highlights • Fully furnished and equipped, perfect for short term rental • Large one-bedroom layout with separate living and dining areas • Currently leased to long-term tenants on a periodic basis for $580 per week • Allocated basement car space and secure storage enclosure Internal Features • Generous open-plan living space with separate dining area • Modern kitchen with stone benchtops, mobile breakfast bar, and Fisher & Paykel appliances (dishwasher, oven, electric cooktop, range hood) • Full-height pantry and ample storage cupboards • Separate laundry within the bathroom • Spacious bedroom with large built-in wardrobe and direct access to the bathroom • Split-system reverse cycle heating and cooling Metropolitan Development Amenities • Heated indoor swimming pool & sauna • Fully equipped gym with a wide range of equipment • Landscaped podium gardens with BBQ facilities • Secure video intercom and on-site building manager • Pet-friendly (subject to body corporate approval) Location Benefits • Opposite New Acton's cultural and arts precinct • Short walk to The Australian National University, Lake Burley Griffin, and Canberra's city centre • Easy access to cafes, restaurants, bars, Palace Electric Cinemas, and convenience stores • Upcoming Stage 2 light rail stop on London Circuit enhances connectivity Key details; • Living area: 71m² • Balcony: 8m² • Single car space in basement • Lockable storage in basement • Built: 2007

Features

1 bedroom
1 bathroom
1 carspace
1 open car space
71 m² floor area
Apartment

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 1 bedroom apartments in City

In the last 12 months, 54 one-bedroom apartments similar to 7/2 Edinburgh Avenue, have been sold.

This represents a 29% increase in one-bedroom apartments sales when compared to the previous 12 months.

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