$664,000+
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105/2 Marcus Clarke Street, City ACT 2601

Apartment
2214.5
Block size: 7982 m² approx.Apartment size: 97 m² approx.UV: $23,000,000 (2023)

Proven Track Record of a High Return Investment

Discover the epitome of urban living within the iconic Capital Tower. Boasting an unparalleled location, this 2-bedroom, 2-bathroom residence provides an enviable lifestyle with direct access to the Acton Waterfront and Lake Burley Griffin, right from your doorstep.

Upon entering, natural light floods the space through floor-to-ceiling windows, creating an inviting ambiance in the expansive living and dining area. Step onto the balcony that spans the entire width of the apartment, seamlessly blending indoor and outdoor living for flexible relaxation or entertaining.

The well-appointed kitchen boasts practicality with large granite benchtops, ample cupboard space, an ergonomic oven, and an overhead microwave alcove. Convenience meets luxury with a separate powder room and a main bathroom featuring a bathtub, separate shower, and stone top vanity.
Both bedrooms offer balcony access, with the main bedroom featuring a generous walk-through robe and ensuite.

"Capital Tower" boasts exceptional on-site amenities including an outdoor pool, BBQ area, two tennis courts, sauna, gym, and squash court, ensuring every recreational need is met without leaving home. Being a proven high return investment, this is the perfect buy for those looking to generate a hassle-free income. Unit 105 is within the "BreakFree" scheme, which operate short stay accommodation, meaning no need to lift a finger. The apartment is also being sold fully furnished. If you wish however, it can be owner occupied or rented privately.

Located in the thriving NewActon precinct, experience the best of Canberra's cafes, restaurants, bars, and Palace Cinemas at your doorstep. The upcoming stage of the Light Rail Network will further enhance connectivity, with two stations just a few hundred meters away from Capital Tower.

With ducted heating and cooling, a single basement car space with lift access, and the convenience of easy access to Lake Burley Griffin and the city centre, this apartment embodies modern comfort and connectivity.

Embrace the allure of Canberra's finest living with this exceptional apartment, offering an unparalleled lifestyle where the choice between staying in or venturing out is the only decision you'll have to make.

Features:

• 2 bed, 2 bath apartment
• Full-width balcony
• High return investment through the "BreakFree" scheme
• Being sold fully furnished
• Option to owner occupy or rent privately
• Floor-to-ceiling windows
• Spacious open-plan living & dining
• Practical kitchen with granite benchtops
• Ducted heating and cooling
• Perfectly suited to investors with great track record of returns
• Basement car space with lift access
• On-site amenities: pool, BBQ area, tennis courts, sauna, gym, squash court
• Walking distance to NewActon and Lake Burley Griffin
• Easy access to the city center and upcoming Light Rail Network expansion
Features
  • Allocated Car Space
  • Off-street Parking
  • Separate Toilet
  • Shower
  • Study Nook
  • Underground Parking
nbn® Fibre to the Building (FTTB) is available in this property
Max wholesale speed tier available: nbn® Home Fast

Inspections

Tuesday, 23 Apr12:00pm - 12:30pm
Can't inspect in person?

Contact Campbell Jones to enquire about this property including alternatives to in-person inspections.

Key details

Bedrooms:
2
Bathrooms:
2
Parking:
1
Property type:
Apartment
Block Size:
7982 *
EER:
4.5
Unimproved Value:
$23,000,000 (2023)

Other Details

Block:
8
Section:
8
Apartment Size:
97 *
Rates (Residential):
$111,739*
Rates (Commercial):
$1,117,849*
Rates (Rural):
$17,913*
Land Tax (Residential):
$235,964*
Legal description:
CANB/CITY/8/8
nbn® availability:
nbn® Fibre to the Building (FTTB)
*These are approximate values based on available information.
Blackshaw Manuka
Next Inspection:

Maps and area information

Land Details
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Block information
Block 8 Section 8 City
Block size: 7982 (approx)
Unimproved value: $23,000,000 (2023)
Legal description: CANB/CITY/8/8
Block Map
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 105/2 Marcus Clarke Street City

What's nearby

Ainslie Primary SchoolPrimary School
1.8km
Campbell High SchoolHigh School
2.1km
Calvary Private HospitalHospital
5.1km
Canberra CentreMajor Shopping Centre
0.8km
Australian National UniversityUniversity
0.9km
Merici CollegeCollege
2.3km
City Post OfficePost Office
0.8km
Aust. Defence AcademyTafe
3.4km

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.
Property History
07 Jun 2023
Sold
$785,000
Contract: 31/03/2023
Transfer: 07/06/2023
Block size: 7982m²
Transfer type: Full transfer
Purpose: Multiple unit dwelling
24 Oct 2007
Sold
$489,000
Contract: 10/09/2007
Transfer: 24/10/2007
Block size: 7982m²
Transfer type: Full transfer
Purpose: Multiple unit dwelling
03 Dec 1996
Sold
Luton Properties Dickson
$292,500
Contract: 08/08/1996
Transfer: 03/12/1996
Listed: 04/12/2002
Block size: 7982m²
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
$23,000,000
Listing ID: 182098975. This listing has been viewed 1346 times. It was first displayed on 17/11/2023 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.