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Location
Market Insights for City ACT 2601
New Listings (last 30 days)
6
Average price
$585,967
Lowest price
$419,000
Highest price
$750,000
Other properties in this postcode

506/240 Bunda Street, City ACT 2601

Price $799,900+

Listed: 54 days ago
Updated: 36 days ago
Overview

Situated in the renowned "Manhattan on the Park" complex, this exceptional 2-bedroom apartment offers a high-floor urban lifestyle with breathtaking views of Glebe Park, Mount Ainslie and the Canberra City skyline. Perfectly positioned in the North tower's end, the residence provides a unique combination of privacy and unobstructed sightlines that enhance the living experience.

The interior features a highly functional rectangular floor plan, maximizing usable living space and providing flexibility with furniture placement. The open-plan living and dining areas are bathed in natural light from floor-to-ceiling double-glazed windows, creating an inviting atmosphere suitable for both relaxation and entertaining.

  • Chef's kitchen with premium stone benchtops and stainless steel Bosch appliances offers ample storage and work surfaces, catering to culinary enthusiasts and everyday living.
  • The seamless connection between indoor and outdoor areas is created through full height sliding doors leading to a generously sized enclosed balcony, ideal for entertaining or enjoying quiet moments with scenic park views.
  • Both bedrooms are spacious, each accommodating a king-sized bed and featuring built-in wardrobes, while positioned to maximize outlook and light.
  • Efficiency and comfort are ensured with ducted heating and cooling, complemented by the building's 6-star energy rating which minimizes utility costs.
  • Additional amenities include secure basement parking for two cars along with large storage units, enhancing convenience and practicality.

This apartment is well-suited to discerning downsizers, professionals seeking an executive urban residence, or savvy investors attracted to a well-located, high-quality asset in Canberra's vibrant CBD. Residents benefit from access to premium onsite facilities such as a heated 25-meter infinity pool, spa, and gym.

Living space measures approximately 95 square meters with an additional 14 square meter balcony, combining to offer generous proportions within a contemporary setting. The complex’s proximity to the Canberra Centre, cafés, restaurants, office hubs, and green spaces like Glebe Park ensures a lifestyle of convenience and leisure at your doorstep.

Local Market Insights

In City, Quiet Listings observed 6 new apartments entering the market over the last 30 days, unchanged from 6 in the prior period, with an average advertised asking price of $585,967. The property type mix of listed properties is predominantly Apartments at 67%, followed by units (11%), and houses (11%). The most active agency for apartments in the City area is currently Ray White, representing 50% of new listings, followed by Oliver Myers Properties with 33%. 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
Price $799,900+
$799,900+