220/2 Akuna StreetCity ACT 2601
Property Details for 220/2 Akuna St, City
220/2 Akuna St, City is a 1 bedroom, 1 bathroom Unit and was built in 1999. The property has a floor size of 43m2.
Last Listing description (March 2025)
Location, Location and Location!!
Located at the heart of the Canberre City, this ultra-affordable apartment at the Nesuto (previously known as Waldorf) is perfect for first home buyers and savvy investors alike.
Boasting a one-bedroom, one-bathroom layout, and an alfresco area, this cozy 51sqm (43 + 8 sqm) residence offers all the essentials for modern living. The property is equipped with ducted heating and cooling to keep you comfortable year-round, and built-in robes ensure ample storage space.
The apartment complex itself features impressive amenities including a gym and an swimming pool, making it easy to stay active and relaxed without leaving home. The location is second to none, with proximity to Canberra's vibrant shopping and dining precincts, as well as excellent public transport options to get you anywhere you need to go.
For investors, you have the options of renting it out as usual, renting out to Nesuto Hotel, AirBnb, or managing it yourself. The location makes it an ideal choice for all 4!
Don't miss out on this rare opportunity to secure an affordable slice of city living. Whether you're stepping onto the property ladder for the first time or looking to add a high-demand rental property to your portfolio, this apartment ticks all the boxes.
Features:
- North-West facing alfresco area
- Ducted heating & cooling
- Wraparound kitchen
- Seperate bedroom, as opposed to most studio apartments in this price range
- Spacious open bedroom with wide window
- 2 way access bathroom
- Bath tub
- Resident's lounge
- Tennis court
- Sauna
- Indoor pool
- Gym
Essentials:
- Strata: $1,733 p.q. (approx)
- Rates: $388 p.q. (approx)
- Land tax: $505 p.q. (approx) investors only
- Current rental: $445 p.w.
- Lease period: 23 Jan 2025
- EER: 6
- Living Space: 43sqm
- Alfresco: 8sqm
- Completion year: 2000
Property History for 220/2 Akuna St, City, ACT 2601
- 30 Sep 2024Listed for Sale Offers Over $260,000
Recent sales nearby
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About City 2601
The size of City is approximately 1.4 square kilometres. It has 8 parks covering nearly 9.9% of total area. The population of City in 2016 was 4276 people. By 2021 the population was 4835 showing a population growth of 13.1% in the area during that time. The predominant age group in City is 20-29 years. Households in City are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in City work in a professional occupation.In 2021, 36.30% of the homes in City were owner-occupied compared with 30.00% in 2016.
City has 3,373 properties. Over the last 5 years, Houses in City have seen a -51.66% decrease in median value, while Units have seen a 9.35% increase. As at 30 April 2026:
- The median value for Houses in City is $443,348 while the median value for Units is $590,285.
- Houses have a median rent of $580 while Units have a median rent of $650.
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