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107/66 Allara Street

City, ACT 2601, Australia
$580,000
2 bed 2 bath 3 car99m²

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Area Price Guide
$545,200$614,800

Indicative price guide range

🏘️
89
Comparable
📊
$599,000
Area median
⚖️
-3%
vs median
📐
$5,859
Per m²
📏
99 m²
Land
🗓️
1 week ago
Listed

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About this property

Offering an unparalleled metropolitan lifestyle, this attractive two-bedroom apartment in "The Forum" presents a unique opportunity for both homeowners and savvy investors. With the flexibility to either reside in the apartment or rent it out, the value is further enhanced by three separate, secure car parking spaces, each offering potential separate rental income of approximately $70 per week each. Prime Location & Convenience: Perfectly positioned in the vibrant heart of Canberra City, this north-facing apartment is ideal for a diverse range of buyers: first home owners, investors, weekday commuters, or parents seeking secure accommodation for teenagers attending the Australian National University (ANU). Apartment Features: The apartment boasts a light-filled, open-plan living area that flows seamlessly into a spacious dining area, which could easily be adapted as a dedicated study nook. The fully equipped kitchen is a standout, featuring quality stone benchtops, abundant storage, a dishwasher, and an electric oven and stove. Adding to the convenience, a laundry with a downstairs toilet is situated adjacent to the kitchen. Step out onto the wide balcony, which offers views over "The Grande on London" and its beautifully manicured grounds. Upper Level Bedrooms: The mezzanine level accommodates two generously sized bedrooms, both fitted with built-in wardrobes. The master bedroom enjoys the privacy of an ensuite bathroom, while the second bedroom is serviced by a separate bathroom complete with both a shower and a bath. Additional Amenities: The property includes a lockable storage cage located within the basement car park, providing essential extra storage space for larger items. Building Facilities: Residents of "The Forum" benefit from excellent communal amenities, including a fully equipped gymnasium, a central courtyard, and a rooftop terrace with a barbeque area, perfect for entertaining. Lifestyle at Your Doorstep: The location simply cannot be beaten. Everything the city has to offer is within an easy walk, including the Canberra Centre, a vast selection of cafes, restaurants, cinemas, gyms, bars, the Canberra Theatre, night clubs, and the Casino. Furthermore, numerous Public Service offices are also within comfortable walking distance. This is more than just an apartment-it's a lifestyle. Enjoy all the benefits of city living without the hassle; skip the peak hour queues for cafes and shopping, and enjoy the freedom to access everything at your leisure. Currently rented for $670 per week on a periodic lease ie. month to month Call Mark Johnstone today or come along to our next Open Exhibition. To inspect, when you arrive at the secure front entrance of "The Forum", call Mark & he will escort you to the apartment. -Level 3, two-bedroom apartment -Northerly aspect overlooking "The Grande on London" -Open plan living areas -Light & bright -Kitchen with stone bench tops -Dishwasher, Electric oven & cooktop -Two large light-filled bedrooms upstairs -Master bedroom with ensuite -Generous sized built-in robes -Bathroom, shower over bath -Internal Laundry with toilet -Split system air conditioning -Large balcony -THREE secure parking spaces -Storage cage (approx 6m2) -Gym -Rooftop terrace & barbeque facility -Secure lift access - EER: Excellent 5.5 - Built: 2002 - Living: Approx 99m² + Balcony 11m2 (approx) - Rental Appraisal: $670 pw - Rates: $2,644 pa - Land Tax (if leased): $833.66 per quarter - Strata Fees -admin fund $1,419per qtr; Sinking fund $1,485per qtr Disclaimer: All information regarding this property is from sources we believe to be accurate, however we cannot guarantee its accuracy. Interested persons should make and rely on their own enquiries in relation to inclusions, figures, measurements, dimensions, layout, furniture and descriptions.

Property Features

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    Repayment calculator

    $2,812/month
    $1,406 /fortnight
    Loan $464,000 at 6.10% over 30 years

    Upfront costs

    Deposit$116,000
    Stamp duty$12,410
    Conveyancing (est.)$2,000
    Total upfront$130,410
    Verify with ACT revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    apartment
    Listing Type
    For Sale
    Bedrooms
    2
    Bathrooms
    2
    Parking
    3
    Land Area
    99m²
    Listed
    1 week ago

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