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City Median Price
House$574,000
Unit$637,500
Land$660,000
The Unit price is 7% lower than last year.
Surrounding suburbs
Braddon$1,474,100
Turner$1,469,300
City rent price
A8/66 Allara Street, City
Sold $485,000 in Jun 2024 [Rectify]
Last Sold $403,000 in Oct 2018
Rent $530pw in Jan 2019
Apartment: 1 Bed rooms 1 Bath rooms 1 Car spaces
Land size: 3,716 sqm
Agent: Sharon Peart
Distance: 395 metres to CBD [Transport]

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Floorplan | Map | Nearby prices
Property Description:
Ideal investment opportunity, strong gross yield of 6.19% in a superb location!
8/66 Allara Street, City
Here we offer you the perfect 'set and forget' investment! With a fixed term lease until March 2019, the fully furnished, ground floor apartment is bringing in an incredible $530.00 per week, providing a gross yield of 6.19%. What a great area in Canberra to secure such a dream opportunity!
A short stroll to the Central Business District, with all its offices, shops, restaurants and services, yet only moments to the city swimming pool where both indoor and outdoor swimming are offered, and across the footbridge to Commonwealth Park and Lake Burley Griffin. Ease of access to the Australian National University and various Defence buildings, the proximity to everywhere from the 'Forum' is unbeatable.
This unique apartment offers a New York inspired lifestyle, where the double story windows and cedar double doors open to the outside terrace to enjoy a beautiful leafy outlook. Boasting open-plan living on the lower level, the timeless granite kitchen will delight and lies adjacent to the built-in study nook, storage and powder room.
Delightful in every sense, the thoughtfully designed apartment benefits from an abundance of natural light flowing inside. The offering continues to the loft, where the generous bedroom, main bathroom and laundry are located.
The single car accommodation and lock up storage unit are downstairs. Now is the time to make a move to secure such a special and unique offering!
Please note that this property can only be sold as a current investment, and is not available to move into until at least after the lease is completed in 2019.
Features Include:
- Leased...
Search neighbour's planning permit
Recent sold:
AddressDatePrice
302/2 Akuna StreetJun 2024$405,000
1303/25 Edinburgh AvenueJun 2024$510,000
516/39 London CircuitJun 2024$755,000
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The property data is from the auction results and realestate websites.

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