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43/260 City Walk, City$599,000
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For Saleapartment

43/260 City Walk

City, ACT 2601, Australia
$599,000
2 bed 2 bath 1 car72 m²

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About this property

Discover a prime investment opportunity at 43/260 City Walk, nestled in the vibrant heart of Canberra. This meticulously maintained, currently leased two-bedroom, two-bathroom apartment is situated on the ninth level of the prestigious Highgate complex. It represents an exceptional asset for investors seeking immediate rental income of $665 per week within a highly sought-after urban location. The apartment's thoughtful design is evident throughout, beginning with the spacious master bedroom featuring a generous layout and an ensuite bathroom. The second bedroom, complete with built-in robes, offers ample space and storage, catering perfectly to tenants' needs and contributing to sustained occupancy. At the heart of the residence is a modern kitchen, equipped with a sleek benchtop, electric cooktop, oven, dishwasher, and extensive cabinetryideal for seamless city living. The European laundry, complete with a dryer, adds an extra layer of convenience, making everyday living effortless. Step outside to a generously sized balcony offering breathtaking city viewsa perfect private retreat for relaxation or entertaining. The apartment is fitted with ducted heating and cooling, ensuring comfort throughout all seasons. Residents of the Highgate complex enjoy exceptional amenities, including a swimming pool, gym, theatre room, and BBQ areaall conveniently located on the same level. These features elevate the living experience, combining luxury with ease. Strategically positioned, this property boasts close proximity to Canberra Centre, Commonwealth Park, and Lake Burley Griffin, placing the best of Canberra's lifestyle and amenities at your doorstep. This is an outstanding opportunity for investors seeking both a high-quality asset and a prime location. Additional features include: Rented for $665 per week Positioned on the Ninth floor Spacious open-plan living and dining with balcony access Designer kitchen with Ilve appliances and stone finishes Two bedrooms with built-in robes Two modern bathrooms European laundry with washer and dryer Ample storage throughout Secure basement parking for one vehicle on Level 2 with storage. Property Details: Land Tax $626.40 per quarter (if payable) Rates $498.00 per quarter Levies $1,686.25 per quarter EER 6 Apartment Size: 72m2 Living plus Balcony: 14m2 Number in Complex: 191 Storage: 1m2 Level 2 Carpark: Level 2 Disclaimer: While all care has been taken in compiling information regarding properties marketed for rent or sale, we accept no responsibility and disclaim all liabilities in regards to any errors or inaccuracies contained herein. All parties should rely on their own investigation to validate the information provided.

Property Details

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

Repayment calculator

$2,904/month
$1,452 /fortnight
Loan $479,200 at 6.10% over 30 years

Upfront costs

Deposit$119,800
Stamp duty$13,231
Conveyancing (est.)$2,000
Total upfront$135,031
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.

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Neighbourhood

Living in City

This 2-bedroom apartment in City, ACT 2601 sits within reach of public transport, local shops local amenities. It is listed 25% above the $479,000 median of 79 comparable apartmentswithin 5 km.

What's nearby

  • Alinga Street (tram)555 m away
  • Kwik Kopy Canberra132 m away
  • Glebe Park256 m away
  • Unnamed333 m away
  • City Hill405 m away

City at a glance

Full suburb profile
Population
4,835
Median age
27
Household income
$2,232/wk
Median rent
$550/wk
Median mortgage
$1,950/mo

Source: ABS Census.

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Suburb market

Suburb price trend

City price trend

Median sold · Unit 2 bed

Compound growth -0.8% / yr over 4 yrs

$650kcurrent median

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Price history

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1 price change recorded for this property

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