404/2 Marcus Clarke Street, City, ACT 2601 | Property Value & History | OnTheHouse
OFF MARKET

404/2 Marcus Clarke Street
City ACT 2601

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 79m2
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Property Details for 404/2 Marcus Clarke St, City

404/2 Marcus Clarke St, City is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1992. The property has a floor size of 79m2.

Building Type
Unit
Year Built
1992
Floor Size
79m2
Local Government
Canberra Central
Lot/Plan
CITY: Block 8, Section 8, Unit 404

Last Listing description (November 2023)

Discover this inviting residence offering a sunlit, open-concept living and dining area seamlessly connected to a modern galley-style kitchen with granite countertops, dishwasher, and plenty of storage space. Each bedroom is graced with a spacious built-in wardrobe, while the bathroom boasts a relaxing bathtub with a shower overhead, a toilet, a stylish vanity, ample storage, and a discreetly tucked-away laundry behind bifold doors. Your vehicle is accommodated with a designated single car space.

Experience year-round comfort without the worry of additional expenses, as the ducted reverse cycle air conditioning costs are covered within the body corporate levies.

A great and affordable property, perfect for both long-term residents and those interested in short-term rentals, you also have the convenient option of utilizing BreakFree's services for a lucrative return on your investment.

The desirable Capital Tower further enhances your lifestyle with a range of amenities, including barbecue areas amidst beautifully landscaped courtyards, a heated swimming pool, a squash court, tennis courts, and a well-appointed gym. Convenient visitor parking is right at your doorstep, along with an adjacent parking area.

For those who relish outdoor activities, whether it's a leisurely walk, bike ride, or a serene lakeside stroll, Commonwealth Park is easily accessible via the Parkes Way footbridge just a short distance from your apartment.

Moreover, the Acton Waterfront Project, a brief walk away, envisions an exciting cultural and entertainment hub along the waterfront promenade. This development promises to transform the area into a vibrant city neighbourhood, seamlessly connecting the city to the lake. Expect a cosmopolitan blend of shops, businesses, cafes, new recreational spaces, public facilities, tourist attractions, and dedicated pedestrian and bike paths right on your doorstep.

* Level 4 of the sought after Capital Tower complex
* 72SQM of living
* 2 bedrooms, 1 bathroom, 1 carspace
* Premium location, central to the city and Lake Burley Griffin
* Landscaped courtyards with BBQ area, a heated swimming pool, a squash court, tennis courts, and a well-appointed gym
* Priced to sell!
* Fantastic live in or investment opportunity
* Fantastic option to short term let through break free
* Ducted reverse cycle air conditioning costs are covered within the body corporate levies

Strata: $1669pq (approx.)
Rates: $579pq (approx.)
Land Tax: $705pq (approx.)

Whilst all care has been taken to ensure accuracy in the preparation of the particulars herein, no warranty can be given, and interested parties must rely on their own enquiries. This business is independently owned and operated by Belle Property Canberra. ABN 95 611 730 806 trading as Belle Property Canberra.

Property History for 404/2 Marcus Clarke St, City, ACT 2601

A timeline of how this property has performed in the market
Listed for Rent
$500/w
14 Mar 2016
  • 05 Oct 2023
    Listed for Sale $450,000 - $480,000
  • 07 Mar 2016
    Listed for Rent $500 / week
  • 02 Jul 2015
    Listed for Rent - Price not available
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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 3,355 properties. Over the last 5 years, Houses in City have seen a -17.23% decrease in median value, while Units have seen a 9.32% increase. As at 31 December 2025:

  • The median value for Houses in City is $1,483,324 while the median value for Units is $572,670.
  • Houses have a median rent of $650 while Units have a median rent of $655.
There are currently 33 properties listed for sale, and 48 properties listed for rent in City on OnTheHouse. According to Cotality's data, 124 properties were sold in the past 12 months in City.

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.