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Overview
This attractive two-bedroom apartment in "The Forum" offers an exceptional metropolitan lifestyle, ideal for homeowners and investors alike. It provides the flexibility to live in the apartment or rent it out, further enhanced by three separate, secure car parking spaces, each with potential rental income of approximately $70 per week.
Located in the vibrant heart of Canberra City, this north-facing apartment suits a wide range of buyers including first home owners, investors, weekday commuters, and parents seeking secure accommodation for teenagers attending the Australian National University (ANU).
The apartment features a light-filled, open-plan living area that flows seamlessly into a spacious dining area, which can be adapted as a dedicated study nook. The fully equipped kitchen stands out with quality stone benchtops, ample storage, a dishwasher, and an electric oven and stove. Adjacent to the kitchen is a laundry with a downstairs toilet for added convenience.
Step out onto the wide balcony offering views over "The Grande on London" and its beautifully manicured grounds.
The mezzanine level accommodates two generously sized bedrooms, both with built-in wardrobes. The master bedroom includes a private ensuite bathroom, while the second bedroom is serviced by a separate bathroom featuring both a shower and a bath.
Additional amenities include a lockable storage cage in the basement car park, providing essential extra storage space for larger items.
Residents benefit from excellent communal facilities such as a fully equipped gymnasium, a central courtyard, and a rooftop terrace with a barbeque area, perfect for entertaining.
The location offers unparalleled convenience with everything the city has to offer within easy walking distance, including the Canberra Centre, a wide selection of cafes, restaurants, cinemas, gyms, bars, the Canberra Theatre, night clubs, and the Casino. Numerous Public Service offices are also comfortably accessible on foot.
This apartment represents more than just a home; it embodies a lifestyle that allows you to enjoy all the benefits of city living without the usual hassles. Avoid peak hour queues for cafes and shopping, and enjoy the freedom to access everything at your leisure.
The property is currently rented for $670 per week on a periodic month-to-month lease.
- Level 3, two-bedroom apartment
- North-facing aspect overlooking "The Grande on London"
- Open plan living areas
- Bright and airy interiors
- Kitchen with stone benchtops
- Dishwasher, electric oven and cooktop
- Two large, light-filled bedrooms upstairs
- Master bedroom with ensuite
- Generous built-in wardrobes
- Bathroom with shower over bath
- Internal laundry with toilet
- Split system air conditioning
- Large balcony
- Three secure parking spaces
- Storage cage approximately 6 square meters
- Gym facilities
- Rooftop terrace and barbeque area
- Secure lift access
- Energy Efficiency Rating: Excellent 5.5
- Built in 2002
- Living area approximately 99 square meters plus balcony of 11 square meters
- Rental appraisal at $670 per week
- Annual rates approximately $2,644
- Land tax if leased: $833.66 per quarter
- Strata fees: administration fund $1,419 per quarter; sinking fund $1,485 per quarter
Local Market Insights
In City, Quiet Listings observed 2 new units entering the market over the last 30 days, with an average advertised asking price of $479,000. The property type mix of listed properties is predominantly Commercial properties at 44%, followed by apartments (33%), and units (22%). Ray White was the most active agency in this area, representing 37.5% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Change History
| Headline | When |
|---|---|
| $559,500 | |
| BY NEGOTIATION | |
| $580,000+ | |
| Offers Over $580,000 |
Location
City ACT 2601
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 99 m² |
Market Insights for City ACT 2601
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