130/264 City Walk, City ACT 2601

130/264 City Walk, City ACT 2601
2 bed 1 bath 1 car apartment | Highgate Tower City Walk | building pool gym theatre | covered balcony segregated bedrooms | periodic tenancy immediate income Its configuration is considered competitively strong within the city core, offering a generous 70 square metres with segregated bedrooms and a covered balcony that are less common in the area. The stone and timber kitchen finishes, along with building amenities such as the pool, gym, and private theatre, position this unit as a lifestyle-oriented option in the heart of the city. It serves best those wanting immediate rental income through the periodic lease, while also appealing to owner-occupiers who prioritise walkable access to the Canberra Centre and ANU. The asking price may be shaped by how the single bathroom is perceived relative to other two-bedroom configurations in the building, as this could limit buyer appeal. The periodic tenancy offers income continuity but might affect financing for some purchasers. Outgoings including strata and land tax are notable, and the unconfirmed aspect or floor level means natural light and outlook remain unknown. The key point to weigh is whether the single bathroom suits your longer-term needs.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 130/264 City Walk, City ACT 2601
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Market Insight:

Canberraโ€™s central suburbs present a tightly held, owner-occupier market underpinned by stable public sector and professional demand. Competition is strengthening, particularly from first-home buyers, within a supply-constrained environment where listings remain low. Recent price growth has been measured, with houses outperforming units, supported by resilient rental conditions and a critically low vacancy rate. Future growth is anchored to this persistent demand-supply imbalance, though affordability pressures and inconsistent development pipelines present ongoing constraints to entry and expansion.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

1664mยฒ

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