Property Details for 704/2 Akuna St, City
704/2 Akuna St, City is a 1 bedroom, 1 bathroom Unit.
Last Listing description (April 2026)
Positioned on Level 7 of the well-known Nesuto / Waldorf Apartments, 704/2 Akuna Street offers an unbeatable Canberra City address paired with hotel style living and exceptional flexibility. Whether youre a first home buyer, investor, frequent traveller, downsizer or seeking a high performing furnished or short stay property, this apartment delivers immediate lifestyle and income appeal in the heart of the CBD.
The open plan layout is intelligently designed to maximise space, light and functionality. A Northwest facing aspect fills the apartment with natural light, while LED downlights and ducted heating and cooling ensure year-round comfort. The compact kitchen is fully equipped with induction cooktop, electric oven, built in dishwasher, mini fridge and storage, complemented by built in cabinetry, shelving and a dedicated work desk with TV mount. A built-in bed frame with storage and included queen bed adds to the turnkey convenience.
The bathroom is finished with floor to ceiling tiling, shower bath, vanity and toilet, while a European laundry with washer and dryer is neatly integrated. Sheer curtains and block out blinds, a mirrored built in wardrobe, centralised hot water and a secure internal letterbox complete the apartments practical, low maintenance offering.
Residents enjoy access to an impressive range of resort style amenities, including a gym, indoor pool and spa, rooftop BBQ terrace, tennis court, guest lounge, library and landscaped courtyard. With three lifts, garbage chutes on every floor and strong onsite security provided by Nesuto staff until 10pm nightly, convenience and peace of mind are assured. Currently operated as an Airbnb and ready for immediate income, this is a rare opportunity to secure a versatile city apartment moment from cafes, restaurants, shopping, transport, universities and Lake Burley Griffin.
Property Features:
Open plan layout
Compact kitchen with induction cooktop, electric oven, built in dishwasher, mini fridge and storage
Built in cupboards, shelving and work desk with TV mount
LED downlights throughout
North west facing aspect with excellent natural light
Ducted heating and cooling
Built in bed frame with storage and queen bed included
Mirrored built in wardrobe
Sheer curtains and block out roller blind
Floor to ceiling tiled bathroom with shower bath, vanity, and toilet
European laundry with washer and dryer
Centralised hot water system (complex)
Secure internal letterbox
Level 7 position
Level 7 amenities include tennis court, guest lounge, library and courtyard
Level 8 amenities include indoor pool and spa
Access to gym, pool, rooftop BBQ terrace and common spaces
Three lifts servicing the building
Strong security with onsite Nesuto staff until 10pm nightly
Garbage chutes on every floor
Hotel style resort facilities with city convenience
Currently operated as Airbnb, ready for immediate income
Ideal for furnished rental, first home buyers, travellers, UNI students, downsizers or short stay accommodation
Prime Canberra City location close to cafes, restaurants, shopping, transport, universities, galleries and Lake Burley Griffin
Nearby Amenities:
Public Transport (Bus) 500m (5 min walk)
Canberra Centre 260m (4 min walk)
Commonwealth Park 1.1km (15 min walk)
Lake Burley Griffin 3.2km (7 min drive)
Canberra Airport 7.0km (10 min drive)
Australian National University 900m (14 min walk)
PEA: Ainslie Primary School 4.5km (9 min drive)
PEA: Campbell High School 2.0km (5 min drive)
PEA: Gungahlin College 14.4km (20 min drive)
PEA: Dickson College 5.6km (11 min drive)
Calvary Hospital 9.6km (14 min drive)
Property Specification:
Built: 2008 approx
Internal living: 29m2
Energy Efficiency Rating (EER): 6 Stars
Land Tax: $663.72pq
Strata Manager: Civium Strata (02 6162 0681)
Body Corporate (Admin + Sinking): $1,986.04pq
Administrative Fund: $446,549.46 (as of 21.01.26)
Sinking Fund: $71,611.31 (as of 21.01.26)
Units in Complex: 150
Estimated Weekly Rent $525-550pw
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Property History for 704/2 Akuna St, City, ACT 2601
- 04 Feb 2026Listed for Sale $250,000+
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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 3,374 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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