504/240 Bunda Street, City, ACT 2601 | Property Value & History | OnTheHouse
OFF MARKET

504/240 Bunda Street
City ACT 2601

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 504/240 Bunda St, City

504/240 Bunda St, City is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. While the property is not currently for sale or for rent, it was last sold in December 2023.

Building Type
Unit
Year Built
2013
Local Government
Canberra Central
Lot/Plan
CITY: Block 1, Section 52, Unit 275

Last Listing description (September 2025)

Manhattan Apartment Opposite Glebe Park

Positioned on the 5th floor of the acclaimed "Manhattan on the Park", this fully furnished (all furniture included in sale) one-bedroom apartment delivers an enviable lifestyle in the heart of Canberra City. With a prized north-facing aspect, enjoy stunning, uninterrupted views across the city skyline and out to Black Mountain Tower from your private balcony.Bathed in natural light through double-glazed floor-to-ceiling windows, the apartment boasts year-round comfort with ducted reverse-cycle heating and cooling. The open plan living and dining area flows seamlessly into a designer kitchen, complete with gas cooking, Bosch appliances, stone benchtops with waterfall edges, soft-close drawers, and a sleek integrated microwave and dishwasher.The bedroom offers built-in robes and direct balcony access, creating a relaxing retreat with a view. A spacious bathroom, European laundry, and ample storage throughout complement the smart, modern layout.Residents of Manhattan on the Park enjoy access to premium resort-style facilities, including a swimming pool, a fully equipped gym, a BBQ area, and landscaped gardens. Secure video intercom entry, lift access, NBN readiness, and an allocated underground car space with a large storage cage add to the appeal.Located opposite Glebe Park and just steps to the Canberra Centre, public transport, restaurants, and nightlife, this is an exceptional opportunity for professionals, investors, or those seeking a vibrant city lifestyle with every convenience at their doorstep. North-facing with stunning views of Black Mountain Tower 5th-floor apartment Fully furnished all inclusive in the sale, providing a great investment opportunity for a better return Open plan living with ducted reverse cycle heating and cooling Double glazed floor-to-ceiling windows Designer kitchen with gas cooking and Bosch appliances Large bedroom with built-in robes and balcony access 66m of internal living + 20m private balcony Underground parking with storage cage Resort-style facilities including pool, gym and BBQ area Prime city location opposite Glebe Park and near Canberra Centre Extra wide, disability friendly car parkBuilt: 2013EER: 6Living: 66m (approx.)Balcony: 20m (approx.)Rates: $485 p.q (approx.)Strata Levies: $1,401 p.q (approx.)Strata Manager: Grady StrataStrata Plan: 3941Currently rented fully-furnished for $640 p.w until March 2026, offering a decent yield.

Property History for 504/240 Bunda St, City, ACT 2601

A timeline of how this property has performed in the market
Last Sold
$515,000
08 Dec 2023
  • 25 Jun 2025
    Listed for Sale $490,000+
  • 18 Jan 2024
    Listed for Rent $630 per week
  • 26 Oct 2023
    Listed for Sale $515,000
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About City 2601

The size of City is approximately 1.4 square kilometres. There are 8 parks, covering nearly 9.9% of the 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 3,371 properties. Over the last 5 years, Houses in City have seen a -51.31% decrease in median value, while Units have seen a 7.50% increase. As at 31 May 2026:

  • The median value for Houses in City is $415,600 while the median value for Units is $588,140.
  • Units have a median rent of $658.
There are currently 48 properties listed for sale, and 56 properties listed for rent in City on OnTheHouse. According to Cotality's data, 123 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.