An Established Investment at The Capitol

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807/39 London Circuit, City ACT 2601

$509,000+

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$495k - $545k High Confidence Calculated based on strong search observations.

Apartment 1 Bed 1 Bath 1 Car

Listed: 4 days ago

Overview

Situated on the eighth floor of The Capitol, this apartment embodies a refined blend of thoughtful architectural design and quality interiors, crafted by notable architects and designers. It offers a living space enhanced by floor-to-ceiling glazing which amplifies the natural light and openness, creating an inviting atmosphere perfect for modern inner-city living.

The open-plan layout seamlessly connects the living and dining areas with a sophisticated kitchen featuring stone benchtops, high-quality appliances, and sleek cabinetry, which collectively provide both style and practicality. The bedroom includes built-in storage and the bathroom reflects the property's consistent contemporary elegance.

Residents benefit from exclusive amenities such as a fully equipped gymnasium, sauna, and concierge services, supporting a lifestyle of convenience and comfort. Its prime location offers quick access to key destinations like the Australian National University, Canberra Centre, government offices, and a diverse selection of eateries and entertainment options.

Currently leased at a steady rental income until August 2028, this apartment suits investors looking for a secure, established investment in Canberra's vibrant cityscape. Its combination of design, amenities, and location makes it a compelling offering for those prioritising lifestyle quality and connectivity.

Prime eighth-floor apartment within The Capitol Residences
One spacious bedroom with built-in wardrobe
Contemporary bathroom crafted with quality finishes
Secure basement parking for one vehicle
Access to residents’ gym, sauna, and concierge facilities
Elegant, light-filled open-plan living and dining area
Modern kitchen with stone benchtops and premium appliances
Located moments from Canberra’s key amenities and entertainment precincts
Currently tenanted with a lease in place until 2028, ideal for investors

Local Market Insights

In City, Quiet Listings observed 6 new apartments entering the market over the last 30 days, up from 4 during the previous 30-day period, with an average advertised asking price of $469,667. The property type mix of listed properties is predominantly Apartments at 75%, followed by units (13%), and commercial properties (13%). The most active agency for apartments in the City area is currently Belle Property, representing 33% of new listings, followed by Ray White 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.