Sold
$698,000
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55/260 City Walk, City ACT 2601

Apartment
21117.0
Block size: 1664 m² approx.Apartment size: 90 m² approx.UV: $14,350,000 (2023)On floor: 10 of 16

North facing corner apartment located in the heart of the City.

Location! Location! Location!

Highgate Canberra is renowned as a quality built and tightly held residential tower located in the heart of Canberra.

Situated at the doorstep of Canberra shopping Centre, restaurants, retail shops and entertainment venues. Nearby are many government institutions and offices. Only 5 minutes' walk to the bus interchange and light rail station and 8 minutes away from coach station to Sydney, The Australian National University is also only a short walking distance away.

This apartment is north facing with uninterrupted view towards mountains and city centre. The floor to ceiling height double glazed windows and sliding doors, allowing lots of natural light and fresh air into the cleverly designed apartment. The full-size kitchen has a wide bench top with breakfast bar. Both bedrooms are spacious and have floor to ceiling height built in wardrobes.

Ready for you to move in now! This apartment is perfect for both investors who would like to achieve a high rental return and owner occupiers who would like to live a convenient life style with everything at the door step.

Apartment features:

- North facing with lots of natural light and uninterrupted view towards the mountains & city centre;

- Corner apartment with extra side window to ensuite. Good airflow and lots of privacy;

- Both bedrooms are separated with NO adjoining walls;

- Only 6 units on the same level, private and secure;

- Spacious full size kitchen with breakfast bar and ample storage space;

- Ducted reverse cycle air conditioning in lounge room and both bedrooms, all separately controlled. No condenser on the balcony;

- High-end appliances including: 4 burners ceramic cook top, large built-in oven, integrated full size dishwasher, built-in microwave, external exhaust range hood;- Euro laundry with wall mount dryer, front loaded washing machine & laundry tub;

- Double glazed windows throughout;

- Roller blinds through out;

- Secure car park and extra lock up storage;

- NBN, Foxtel, Free Air TV, Telephone line;

- High rental return, low vacancy rate, steady capital growth;

Rental Estimate: $780/wk approx.

Body Corporate: $5,100/yr approx.

Rates: $1,800/yr approx.

Land Tax (investor ONLY): $1,800/yr approx.

This property will not stay in market for long. Please contact agent for more information or arrange an exclusive inspection.

Features
  • Alarm
  • Allocated Car Space
  • Body Corporate
  • Broadband
  • Dishwasher
  • Double Glazed Windows
  • Electric Garage Doors
  • Fencing
  • Gym
  • Intercom
  • Mountain Views
  • Outdoor Entertaining Area
  • Swimming Pool
  • Underground Parking
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 Rita Feng to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
2
Bathrooms:
1
Ensuite:
1
Parking:
1
Property type:
Apartment
Block Size:
1664 *
EER:
7
Unimproved Value:
$14,350,000 (2023)

Other Details

Block:
17
Section:
12
Apartment Size:
90 *
Floor:
10 of 16
Rates (Residential):
$76,221*
Rates (Commercial):
$759,816*
Rates (Rural):
$12,382*
Land Tax (Residential):
$160,450*
Legal description:
CANB/CITY/12/17
nbn® availability:
nbn® Fibre to the Building (FTTB)
*These are approximate values based on available information.
Whitcombe & Feng Real Estate

Maps and area information

Land Details
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Block information
Block 17 Section 12 City
Block size: 1664 (approx)
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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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.

What's nearby

Ainslie Primary SchoolPrimary School
1.1km
Campbell High SchoolHigh School
1.4km
Calvary Private HospitalHospital
5.4km
Canberra CentreMajor Shopping Centre
0.2km
Australian National UniversityUniversity
1.4km
Merici CollegeCollege
1.8km
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: 182224731. This listing has been viewed 640 times. It was first displayed on 22/01/2024 and last updated on 06/03/2024.
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.