$770,000+
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110/260 City Walk, City ACT 2601

Apartment
2216.0
UV: $14,350,000 (2023)

Where City Charm Blends with Contemporary Living

Discover a prime investment opportunity at 110/260 City Walk, located in the vibrant heart of Canberra. This currently leased 2-bedroom, 2-bathroom apartment in the Highgate complex is an ideal asset for investors seeking a property with immediate rental income in a sought-after urban location.

The apartment's thoughtful design is evident in the master bedroom, which features a spacious layout and an ensuite bathroom. The additional bedroom, complete with built-in robes, offers ample space and storage, catering to the needs of occupants. Such design elements are key to maintaining a stable occupancy.

Central to the apartment is a contemporary kitchen, complete with a sleek benchtop, electric cooktop, oven, dishwasher, and extensive storage. The inclusion of a European laundry with a dryer adds to the convenience, a desirable attribute for city living.

An expansive balcony presents breathtaking city views, providing a private outdoor retreat for relaxation. This feature significantly enhances the living experience. The apartment is equipped with a ducted heating and cooling system, ensuring year-round comfort. Additional amenities in the Highgate complex, such as a swimming pool, gym, theatre room, and BBQ area, elevate the living standards, offering luxury and convenience to the occupants.

Location-wise, this property stands out with its proximity to Canberra Centre, Commonwealth Park, and Lake Burley Griffin, surrounded by a plethora of shops, restaurants, cafes, and bars. Its closeness to the Australian National University and various government offices makes it a strategic choice for a diverse range of occupants.

With an existing lease, this apartment represents a seamless entry into the property market for investors, assuring immediate returns and potential for sustained income. The blend of modern features, strategic location, and a strong rental appeal makes 110/260 City Walk a wise investment choice in Canberra's dynamic real estate market.

Under one roof :
- 2 well-sized bedrooms, each with built-in robes
- 2 modern bathrooms, including a private ensuite in the master bedroom
- Spacious and open-plan living and dining area
- Energy-efficient lighting and appliances
- 1 allocated car space, offering secure and convenient parking
- Modern kitchen with an electric cooktop, oven, and dishwasher
- Ducted heating and cooling system for year-round comfort
- Balcony offering amazing city views
- European laundry with dryer
- Lift access in the building
- Access to complex amenities including a swimming pool, gym, therapy room, and BBQ area.
- Proximity to public transportation options
- Close to a range of restaurants, cafes, and shops
- Easy access to parks and recreational areas
- Short distance to key cultural and entertainment venues

Inspections

No inspections scheduled on Allhomes, yet. You may ask the agent about upcoming inspections.

Send an enquiry

Contact Peter Morrell to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
2
Bathrooms:
2
Garage Spaces:
1
Property type:
Apartment
EER:
6
Unimproved Value:
$14,350,000 (2023)

Other Details

Block:
17
Section:
12
Rates (Residential):
$72,002*
Rates (Commercial):
$782,744*
Rates (Rural):
$9,256*
Land Tax (Residential):
$177,222*
Legal description:
CANB/CITY/12/17
*These are approximate values based on available information.
Morrell Property

Maps and area information

Land Details
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Block information
Block 17 Section 12 City
Unimproved value: $14,350,000 (2023)
Legal description: CANB/CITY/12/17
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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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

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We found 85 apartments with 2 bedrooms that just sold near 110/260 City Walk City

What's nearby

Ainslie Primary SchoolPrimary School
1.1km
Campbell High SchoolHigh School
1.4km
Calvary Private HospitalHospital
5.3km
Canberra CentreMajor Shopping Centre
0.2km
Australian National UniversityUniversity
1.4km
Merici CollegeCollege
1.7km
City Post OfficePost Office
0.6km
Aust. Defence AcademyTafe
2.8km

Property history

We couldn't find any history for this property.
See City's suburb profile

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
$14,350,000
Listing ID: 182199291. This listing has been viewed 1433 times. It was first displayed on 08/01/2024 and last updated on 14/05/2024.
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.