Please note, if not sold prior, this property will be going to auction, on site, 12:30pm Thursday 13th November. The advertised price guide is there to help give buyers a price to work from and this can be updated as the campaign progresses. Offers prior to auction welcome.
Ground floor apartments like these are becoming increasingly rare and more valuable - especially ones that offer so much outdoor space and privacy, right on the edge of the city.
Apartment #4 at City Point 1 gives you an impressive 60m² of outdoor living across a terrace and courtyard - the perfect setup for alfresco dining, a veggie garden, or simply enjoying your morning coffee in the sun.
Set away from the hustle and bustle, this home enjoys a lush outlook framed by tall hedges and mature street trees that change with the seasons.
Positioned right on the edge of the City, you'll love the convenience of being a short walk to Lonsdale Street's cafes and boutiques, the Canberra Centre, ANU, light rail, and the bus interchange. It's ideal for anyone wanting a peaceful lifestyle with everything at their doorstep.
The City Point 1 development is a small, community-minded complex of just 16 apartments, complete with lift access and beautifully landscaped communal gardens-an inviting, green space to relax year-round.
Why You'll Love It
• Ground floor position with spacious terrace and courtyard surrounded by tall hedges for privacy
• Double doors open directly onto the terrace, creating a great indoor/outdoor connection
• Leafy green outlooks from every room
• Peaceful and private - a genuine sanctuary near the city
• Meticulously maintained and move-in ready
• Vacant possession available now
• Option to include selected furniture at no extra cost (see inventory in the digital brochure)
• Early access available prior to settlement for a quick move-in
• Two secure side-by-side basement car spaces (rent one for around $80/week if you don't need both)
• Oversized storage cage (2.3m x 2m) for bikes, and more
• Pre-auction offers welcome
Key Features
• Two generous bedrooms, both with built-in robes and leafy outlooks (each fits a king bed)
• Only one shared wall for added privacy
• Modern kitchen with stone benchtops, gas cooktop (rare in unit living), oven, range hood, dishwasher, pantry and glass splashback
• Ensuite and main bathroom feature full-height tiling and large showers
• Main bathroom also features a spa bath and under-tile heating
• Reverse cycle air conditioning (heating and cooling) for year-round comfort
• Instantaneous gas hot water
• European laundry
• Block-out blinds
• Double linen cupboard
The 'City Point 1' Development Features
• Boutique development
• Lift and intercom access
• Front door ramp access from the street
• Spacious communal gardens and outdoor seating areas
• A proud and proactive body corporate with a high percentage of live in owners
• Strong financial management with healthy sinking funds invested, (this is very rare to see and shows the building is well managed
• A well-maintained building without the extra costs associated with pools, gyms or flammable cladding
• Light rail stop on Elouera Street just one block away
• Short stroll to Braddon's cafes, restaurants, boutique shops, the city, bus interchange and ANU.
• NBN. Fibre to the node
The Numbers (approx.):
• Total space: 138m2
• Living area: 78m2
• Terrace: 17m2
• Courtyard: 43m2
• EER: 6 stars
• General rates: $2,434 p.a.
• Water & sewerage rates: $805 p.a.
• Land tax (investors only): $3,382 p.a.
• Strata levies: $7,326 p.a
• Total funds held by owner's corporation: $309,312 as of 07/10/2025
• Age: 23 years. Built 2002
• 16 units in total
• Units plan 2097
• Rental estimate (unfurnished). $730 wk
• Rental estimate (fully furnished). $810 wk
Our Friendly Auction Process
• We like to make things simple and transparent:
• We provide an advertised price guide so you know where to start
• Pre-auction offers are welcome (under auction terms)
• Free contract review and Section 17 certificate available through our solicitor
• Free property valuation service for existing owners to help with finance or equity assessment
• 5% deposit on exchange pre-approved
Want to Know More?
• Watch our in-depth property video-it's your 24/7 tour to truly experience the layout, lifestyle, and charm of this apartment.
• To receive a copy of the digital brochure (which includes the contract, campaign info, and full details), simply email us and we'll send it straight through.
In Short:
A peaceful, light-filled ground-floor home with a huge outdoor area, leafy outlooks and unbeatable convenience - all within walking distance of the best that Canberra has to offer.
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