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31/260 City Walk

City, ACT 2601, Australia
$665,000
2 bed 2 bath 1 car74m²

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Area Price Guide
$625,100$704,900

Indicative price guide range

🏘️
69
Comparable
📊
$495,000
Area median
⚖️
+34%
vs median
📐
$8,986
Per m²
📏
74 m²
Land
🗓️
2 months ago
Listed

Approximate location shown. Contact agent for exact address.

Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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About this property

Positioned on level seven within the tightly held Highgate complex, this northerly-facing two-bedroom apartment offers the ultimate in CBD convenience where work, dining, entertainment and green spaces are all just moments from your doorstep. Perfectly suited to city professionals and investors alike, the home combines effortless urban living with the advantage of secure rental income, making it a compelling opportunity in one of Canberra's most connected precincts. Bathed in natural light and capturing elevated city views, the apartment showcases a functional design with quality finishes and everyday comfort. Whether you're looking to invest in a high-demand location or secure a future city residence, the appeal here lies in both lifestyle and long-term positioning. A defined entryway creates a sense of arrival, separating the living zones for added privacy. The well-appointed kitchen features stone benchtops, soft-close cabinetry and generous storage, complemented by a neatly concealed European-style laundry with washer, dryer, tub and additional cabinetry. The open-plan living and dining area extends seamlessly to a private northerly-facing balcony via double-glazed sliding doors. Elevated above the city, this inviting outdoor space captures the afternoon sun, ideal for relaxing or entertaining while also connecting directly to the master bedroom to enhance airflow and liveability. Zoned ducted reverse-cycle air conditioning ensures year-round comfort. The main bedroom includes mirrored built-in robes, balcony access and a private ensuite with a full-width shower. Bedroom two is well-proportioned with built-in robes and thoughtfully separated, making it ideal for guests, shared living or a home office. A centrally located main bathroom is finished in a modern, neutral palette. Residents of Highgate enjoy a secure, well-maintained environment with intercom entry, lift access and underground parking. Premium shared facilities include a resort-style pool, fully equipped gym, private theatre room and a landscaped BBQ terrace with lounge seating offering a balance of privacy and community rarely found in apartment living. Set in the heart of the CBD, this address places you within easy walking distance of the Canberra Centre, Glebe Park, Canberra Theatre Centre, Casino Canberra and a variety of cafés, restaurants and bars. Commonwealth offices and the light rail are just moments away, while Lake Burley Griffin's walking and cycling paths offer a natural escape close to home. Leave the car behind, reduce commute times and enjoy the everyday ease of true city living. Currently leased under a fixed-term tenancy until October 2026, the property provides immediate rental income and long-term security. This makes it an ideal acquisition for investors seeking a low-maintenance asset in a consistently high-demand location, with future flexibility to occupy. Whether you're expanding your portfolio or planning ahead for a future move into the city, this apartment delivers a rare combination of lifestyle, location and investment strength within one of Canberra's most sought-after developments. Features: Balcony with northerly aspect and city views 74m² internal living (approx.) Double-glazed windows and sliding doors Zoned ducted reverse-cycle air conditioning Fully furnished (turnkey opportunity) Secure underground car space Intercom access and lift-serviced building Resort-style pool and gym Private residents' theatre room Landscaped communal BBQ terrace with lounge seating Walking distance to Canberra Centre, Glebe Park, Casino Canberra and Canberra Theatre Centre Moments to light rail, Commonwealth offices and Lake Burley Griffin The property particulars: Located on Level 7 of 260 City Walk Fixed term tenancy expires 25 October 2026 Current rental yield: 6.7% Internal living space: 74m² approx EER: 6 Rates: $539 p.q approx Strata Fees: $1,679 p.q approx Land Tax (for investors only): $636 p.q approx Highgate complex built in: 2018 approx Please note: Some images have been virtually styled. Disclaimer: While all care has been taken to ensure the accuracy of the information provided, no warranty or representation is made as to its accuracy. Prospective purchasers should make their own enquiries and rely on their own investigations.

Property Features

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    Repayment calculator

    $3,224/month
    $1,612 /fortnight
    Loan $532,000 at 6.10% over 30 years

    Upfront costs

    Deposit$133,000
    Stamp duty$16,082
    Conveyancing (est.)$2,000
    Total upfront$151,082
    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
    1
    Land Area
    74m²
    Listed
    2 months ago

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