$499,000+
1706/2 Marcus Clarke Street, City ACT 2601
Apartment
2113.0
Block size: 7982 m² approx.Apartment size: 82 m² approx.UV: $23,000,000 (2023)
High Quality on the Fringe of all with Great Rental Yield
Needs to sell at auction - price guide $499,000+
Set in one of Canberra's Landmark residential developments Capital Tower, this quality two-bedroom residence has everything you need. Located at the fringe of the city and Lake Burley Griffin, it offers facilities that are parallel to resort-style living. With such close proximity to the New Acton arts precinct, and walking distance to the hustle and bustle of the City, the convenience of having everything on your doorstep is something very hard to replace.
The Apartment is currently managed through Accor serviced apartments offering great rental yields annually.
A great buying opportunity and a property you must inspect.
* Gross Rental revenue = $71,500
* Featuring a large kitchen.
* Two Oversized bedrooms
* Stunning terrace
* Secure Basement parking
* Ducted reverse cycle heating and cooling
* Swimming Pool
* Tennis court
* Squash court
* Gym
* Reception service
Strata Admin Fund: $1,666pq (approx.)
Strata Sinking Fund: $1,116pq (approx.)
Whilst all care has been taken to ensure accuracy in the preparation of the particulars herein, no warranty can be given, and interested parties must rely on their own enquiries. This business is independently owned and operated by Belle Property Canberra. ABN 95 611 730 806 trading as Belle Property Canberra.
Set in one of Canberra's Landmark residential developments Capital Tower, this quality two-bedroom residence has everything you need. Located at the fringe of the city and Lake Burley Griffin, it offers facilities that are parallel to resort-style living. With such close proximity to the New Acton arts precinct, and walking distance to the hustle and bustle of the City, the convenience of having everything on your doorstep is something very hard to replace.
The Apartment is currently managed through Accor serviced apartments offering great rental yields annually.
A great buying opportunity and a property you must inspect.
* Gross Rental revenue = $71,500
* Featuring a large kitchen.
* Two Oversized bedrooms
* Stunning terrace
* Secure Basement parking
* Ducted reverse cycle heating and cooling
* Swimming Pool
* Tennis court
* Squash court
* Gym
* Reception service
Strata Admin Fund: $1,666pq (approx.)
Strata Sinking Fund: $1,116pq (approx.)
Whilst all care has been taken to ensure accuracy in the preparation of the particulars herein, no warranty can be given, and interested parties must rely on their own enquiries. This business is independently owned and operated by Belle Property Canberra. ABN 95 611 730 806 trading as Belle Property Canberra.
nbn® Fibre to the Building (FTTB) is available in this property
Max wholesale speed tier available: nbn® Home Fast
Inspections
Can't inspect in person?
Contact Michael Pead to enquire about this property including alternatives to in-person inspections.
Key details
Bedrooms:
2
Bathrooms:
1
Garage Spaces:
1
Property type:
Apartment
Block Size:
7982 m²*
Unimproved Value:
$23,000,000 (2023)
Other Details
Block:
8
Section:
8
Apartment Size:
82 m²*
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.
Next Inspection:
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Block information
Block 8 Section 8 City
Block size: 7982m² (approx)
Unimproved value: $23,000,000 (2023)
Legal description: CANB/CITY/8/8
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
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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.
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Enrolment areas for ACT public schools.
Nearby sales
Looking to compare sales prices?
We found 50 apartments with 2 bedrooms that just sold near 1706/2 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.
15 Jun 2021
Sold
Crowthers
$495,000
Contract: 15/06/2021
Listed: 31/10/2019
Days on market: 593
Transfer type: Full transfer
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: 181874281. This listing has been viewed 4969 times. It was first displayed on 24/11/2023 and last updated on 18/04/2024.
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.