$580,000
104/66 Allara Street, City ACT 2601
Apartment
2216.0
Block size: 3715 m² approx.UV: $11,700,000 (2023)
Rented at $750/week, till April 2025, thats $39,000/year and a gross yield of 6.72%
INVESTORS!!
Want a great rental return offering you $750/week till April 2025!
That's $39,000/year.
This works out to be a gross yield of 6.72%
Offering high ceilings, with a wall of glass and a very funky layout, this loft apartment has a true wow factor and is unlike a lot of units out there.
This 'Forum' development is located just a short walk from the heart of the City & an even shorter stroll from the picturesque Commonwealth Park. Enjoy a morning walk or bike around the lake, then leave the car at home & walk or scooter to work or the Canberra Centre for some shopping or a lazy Sunday brunch.
The 'Forum' has many delights for you to make use of. Imagine enjoying a barbecue on the rooftop terrace & taking in the lights of the City & the lake views. If you are looking for a good workout, the fully equipped gym is at your disposal, complete with aerobic equipment, pin-loaded machines & free weights. The Civic pool & gym is also located directly across the road if you want to get some laps in for exercise or just take a dip to cool off.
Make sure to watch our detailed, walk through video it's our 24/7 salesperson for you to get an excellent feel for the features and benefits of this apartment inside and out. It's the most informative property video you will watch during your property search, but don't just take our word for it.
To get a copy of the digital brochure containing an explanation of our friendly sales campaign and the full contract, just send us an email and it will be automatically sent to you.
What buyers will love the most:
• Penthouse living, no units above
• Funky, two storey loft design
• Unique floor plan
• 5.1m high ceilings with lots of glass
• Located at the back of the development and away from any roads
• Light, bright, and airy
• Available with flexible settlement options
• Fully furnished
• Double cedar French doors opening out to a sail covered balcony
• Reverse cycle air conditioning units (heating & cooling) in living and main bedroom
• Block out curtains
• Single allocated car space with storage cage in basement
Downstairs:
• Modern kitchen with lots of cupboards and drawers, double pantry, stone bench tops, dishwasher, electric oven, cooktop and rangehood
• Open floor plan
• Third toilet near entry way plus laundry with dryer
• Timber look flooring in the living area
• Double linen cupboard
• Under stair storage area
Upstairs:
• Segregated bedrooms for additional privacy
• Both bedrooms are very spacious, include built in robes and can house king size beds
• Main bedroom has an ensuite, plus additional sliding glass windows and roller blinds to fully enclose the bedroom offering additional privacy
• Main bathroom has bath/shower
• Linen cupboard
The Forum development:
• Rooftop terrace with barbecue & shade umbrellas
• On-site gym on ground level
• Tranquil internal courtyard & fountain
• Pet-friendly (subject to body corporate notification)
• Secure building with VIDEO (this unit) Intercom for guests
• Security cameras throughout complex
• 2 x brand new lifts
• NBN – Fibre to the building
• Rubbish chutes on each level
• Centralised gas hot water system
The location:
• Located directly opposite Civic swimming pool
• Situated next to the foot bridge with direct access to Commonwealth Park and Lake Burley Griffin
• Lots of additional parking options for guests opposite the building
• 500m to Canberra Centre up Allara St
The numbers:
• Living: 91m²
• Balcony: 10m²
• Total: 101m2
• EER: 6 stars
• Located on level 3
• Number of units in development: 117
• Currently rented at $750/week, fully furnished till April 2025
• General rates: $2,171 p.a.
• Water & sewerage rates: $660 p.a.
• Land tax (investors only): $2,677p.a.
• Strata levies: $9,605 p.a.
• Total admin and sinking fund balance $435,411 as of 01/02/2024
• Age: 22 years approx. Built 2002
• Strata manager – LJ Hooker Strata
• Units plan number – 2179
• Builder/developer: Hindmarsh
To Help Buyers
• We advertise a set price so you know what figure will secure the property.
• Offers can be conditional (subject to finance/valuation) or unconditional and on a contract with a waiver of the cooling off (preferred)
• We have a solicitor that can provide a FREE contract review and section 17 if required
• All offers are confidential & will not disclosed to other buyers for privacy purposes.
• A 5% deposit is acceptable
Want a great rental return offering you $750/week till April 2025!
That's $39,000/year.
This works out to be a gross yield of 6.72%
Offering high ceilings, with a wall of glass and a very funky layout, this loft apartment has a true wow factor and is unlike a lot of units out there.
This 'Forum' development is located just a short walk from the heart of the City & an even shorter stroll from the picturesque Commonwealth Park. Enjoy a morning walk or bike around the lake, then leave the car at home & walk or scooter to work or the Canberra Centre for some shopping or a lazy Sunday brunch.
The 'Forum' has many delights for you to make use of. Imagine enjoying a barbecue on the rooftop terrace & taking in the lights of the City & the lake views. If you are looking for a good workout, the fully equipped gym is at your disposal, complete with aerobic equipment, pin-loaded machines & free weights. The Civic pool & gym is also located directly across the road if you want to get some laps in for exercise or just take a dip to cool off.
Make sure to watch our detailed, walk through video it's our 24/7 salesperson for you to get an excellent feel for the features and benefits of this apartment inside and out. It's the most informative property video you will watch during your property search, but don't just take our word for it.
To get a copy of the digital brochure containing an explanation of our friendly sales campaign and the full contract, just send us an email and it will be automatically sent to you.
What buyers will love the most:
• Penthouse living, no units above
• Funky, two storey loft design
• Unique floor plan
• 5.1m high ceilings with lots of glass
• Located at the back of the development and away from any roads
• Light, bright, and airy
• Available with flexible settlement options
• Fully furnished
• Double cedar French doors opening out to a sail covered balcony
• Reverse cycle air conditioning units (heating & cooling) in living and main bedroom
• Block out curtains
• Single allocated car space with storage cage in basement
Downstairs:
• Modern kitchen with lots of cupboards and drawers, double pantry, stone bench tops, dishwasher, electric oven, cooktop and rangehood
• Open floor plan
• Third toilet near entry way plus laundry with dryer
• Timber look flooring in the living area
• Double linen cupboard
• Under stair storage area
Upstairs:
• Segregated bedrooms for additional privacy
• Both bedrooms are very spacious, include built in robes and can house king size beds
• Main bedroom has an ensuite, plus additional sliding glass windows and roller blinds to fully enclose the bedroom offering additional privacy
• Main bathroom has bath/shower
• Linen cupboard
The Forum development:
• Rooftop terrace with barbecue & shade umbrellas
• On-site gym on ground level
• Tranquil internal courtyard & fountain
• Pet-friendly (subject to body corporate notification)
• Secure building with VIDEO (this unit) Intercom for guests
• Security cameras throughout complex
• 2 x brand new lifts
• NBN – Fibre to the building
• Rubbish chutes on each level
• Centralised gas hot water system
The location:
• Located directly opposite Civic swimming pool
• Situated next to the foot bridge with direct access to Commonwealth Park and Lake Burley Griffin
• Lots of additional parking options for guests opposite the building
• 500m to Canberra Centre up Allara St
The numbers:
• Living: 91m²
• Balcony: 10m²
• Total: 101m2
• EER: 6 stars
• Located on level 3
• Number of units in development: 117
• Currently rented at $750/week, fully furnished till April 2025
• General rates: $2,171 p.a.
• Water & sewerage rates: $660 p.a.
• Land tax (investors only): $2,677p.a.
• Strata levies: $9,605 p.a.
• Total admin and sinking fund balance $435,411 as of 01/02/2024
• Age: 22 years approx. Built 2002
• Strata manager – LJ Hooker Strata
• Units plan number – 2179
• Builder/developer: Hindmarsh
To Help Buyers
• We advertise a set price so you know what figure will secure the property.
• Offers can be conditional (subject to finance/valuation) or unconditional and on a contract with a waiver of the cooling off (preferred)
• We have a solicitor that can provide a FREE contract review and section 17 if required
• All offers are confidential & will not disclosed to other buyers for privacy purposes.
• A 5% deposit is acceptable
Features
- Allocated Car Space
nbn® Fibre to the Building (FTTB) is available in this property
Max wholesale speed tier available: nbn® Home Fast
Inspections
No open inspections scheduled.
Send an enquiry
Contact Mark Larmer And Aaron Lewis to learn more about this property, request an inspection or take an online tour.
Property walkthrough
Key details
Bedrooms:
2
Bathrooms:
2
Parking:
1
Property type:
Apartment
Block Size:
3715 m²*
Unimproved Value:
$11,700,000 (2023)
Other Details
Block:
4
Section:
10
Rates (Residential):
$52,655*
Rates (Commercial):
$522,261*
Rates (Rural):
$8,713*
Land Tax (Residential):
$110,347*
Legal description:
CANB/CITY/10/4
nbn® availability:
nbn® Fibre to the Building (FTTB)
*These are approximate values based on available information.
Maps and area information
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Block information
Block 4 Section 10 City
Block size: 3715m² (approx)
Unimproved value: $11,700,000 (2023)
Legal description: CANB/CITY/10/4
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
Need more info? We've got you covered.
A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.
Nearby sales
Looking to compare sales prices?
We found 50 apartments with 2 bedrooms that just sold near 104/66 Allara Street City
What's nearby
Ainslie Primary SchoolPrimary School
1.5km
Campbell High SchoolHigh School
1.7km
Calvary Private HospitalHospital
5.4km
Canberra CentreMajor Shopping Centre
0.6km
Australian National UniversityUniversity
1.3km
Merici CollegeCollege
2.1km
City Post OfficePost Office
0.8km
Aust. Defence AcademyTafe
2.9km
Property history
You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
30 Oct 2020
Sold
Leader Capital Real Estate
$502,500
Contract: 30/10/2020
Listed: 03/09/2019
Days on market: 423
Block size: 3716m²
Transfer type: Full transfer
01 May 2013
Sold
Elders Real Estate Gungahlin
$494,000
Contract: 01/05/2013
Listed: 17/10/2012
Days on market: 196
Block size: 3716m²
Transfer type: Full transfer
22 Nov 2002
Sold
$315,000
Contract: 30/11/2001
Transfer: 22/11/2002
Block size: 3716m²
Transfer type: Full transfer
Purpose: Multiple unit dwelling
City suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian salesUnimproved value
Average Age
27 years
Population
4,835
Unimproved value for City
$11,700,000
Listing ID: 182282835. This listing has been viewed 4155 times. It was first displayed on 08/02/2024 and last updated on 12/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.