514/2 Akuna St, City is a 1 bedroom, 1 bathroom Unit.
AUCTION 5th July, 6pm, LJ Hooker Canberra City Office, City Walk
Bidding Guide - $349,000+
Welcome to the heart of Canberra City Centre! This exceptional property presents a fantastic opportunity for permanent living, rental through Nesuto management operations, or as a highly sought-after Airbnb. Boasting a prime location, this fully furnished unit offers the perfect blend of convenience, comfort, and style.
Featuring one spacious bedroom and a well-appointed two way bathroom, this unit is ideal for singles or couples seeking an affordable city lifestyle, or the savvy investor who wants some flexibility in their portfolio. Being sold 'walk-in, walk-out', this one is ready to start earning you money immediately!
The Nesuto complex offers a pool, tennis court, sauna and gym for added convenience!
The property's standout feature is its incredible location. Situated between the renowned Canberra Centre and Canberra Theatre, you'll find yourself surrounded by the best that Canberra City has to offer. A wide array of coffee shops and restaurants are conveniently located on the ground floor, just a quick elevator ride away. Craving a snack or need to stock up on essentials? The mini-mart at the entrance has you covered.
Whether you're a permanent resident, a savvy investor, or an Airbnb host, this unit provides endless possibilities. The Nesuto management operations offer hassle-free rental management, allowing you to sit back and enjoy the benefits of your investment.
The current vendor is committed to selling this property as she has purchased elsewhere, creating an incredible opportunity for buyers. Don't miss your chance to own a piece of Canberra City's vibrant lifestyle. Act now and seize this great investment opportunity!
Rates: $1,927 p.a. approx.
Land Tax: $2,225 p.a. approx.
Body Corp: $1,649 p.a. approx.
EER: 6
All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided. Interested parties must solely rely on their own enquiries.
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:
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