98/2 Edinburgh Avenue, City, ACT 2601

Please note, if not sold prior, this property will be going to auction, on site, 12:30pm, 5th of March 2025. The advertised price guide is there to help give buyers a bracket to work from and can be updated as the campaign progresses. Offers prior to auction, above the guide price and accompanied with a section 17, are welcomed.  

Welcome to 'The Metropolitan', where contemporary living is infused with comfort and ease all on the doorstep of the City, you may never need to use your car again. Situated within easy strolling distance to the City Centre, ANU, Lake Burley Griffin, the New Acton precinct and the light rail, there is always something to entertain and enjoy if you love a busy lifestyle. Get excited about walking, biking, or scootering everywhere from now on, if not to work, then certainly around Lake Burley Griffin in the evenings and on weekends. 

The Metropolitan building has video intercom access for your guests & restricted entry to your two allocated basement parking spaces & lockable storage enclosure. The complex also includes barbecue facilities in the common areas, a heated 20m indoor lap pool, sauna & a fully equipped gym set over 2 levels with TV's to help you stay fit all through the year, you will feel like you are living in a resort.

Make sure to watch our detailed, walk through video prior to your inspection (and after), it's our 24/7 salesperson for you to get an excellent feel for the features and benefits of this unit, the facilities, carparking and storage. It's the most informative property video you will watch during your search, but don't just take our word for it… 

To get a copy of the digital brochure containing an explanation of our buyer friendly sales campaign, the full contract (and so much more), please send us an email from any of the web portals and note your full name and mobile number and it will be automatically sent to you. 

What buyers will love most:
•  Fully single level floorplan
•  Top floor and corner unit (fewer neighbours, more privacy)
•  North and East facing aspect allowing lots of natural light and cross ventilation
•  3 balconies in total (1 off the main living area and one off each bedroom)
•  Study nook in living area, the perfect place for your home office
•  LED down lighting with dimmers
•  Great storage options throughout plus a metal storage enclosure in the basement (level B2) right next to the double, side by side allocated car spaces
•  Vacant possession, so no need to wait for owners, or tenants, to relocate 
•  Flexible settlement options if you have another property you want, or need, to sell or simply to have more time to secure financing 

The Numbers: (approx.)
•  Internal living area: 101m2
•  Balconies (x 3): 16m2 in total
•  Level: 14 (only 4 other units on this level)
•  Age of unit: 18 years old (built 2007) 
•  Strata levies: $12,962 p.a. 
•  General rates: $2,360 p.a.
•  Land tax (investors only): $6,145 p.a.
•  Water & sewerage rates: $804 p.a. 
•  Rental potential: $780 / per week unfurnished 12m lease 
•  Potential to rent one or both of the car spaces for: $75/week each or $3,900/year 
•  EER: 6 stars (out of 6 stars)
•  Strata manager: Signature Strata, phone 61850347
•  UP 3063 with 342 units spread over 8 separate buildings 
•  Total funds saved by the strata in the admin and sinking funds are an impressive: $3,789,608 as of 28/01/2025

Apartment features: 
•  Reverse cycle air conditioning (heating and cooling) 
•  Modern kitchen with stone benchtops, stainless steel appliances including an electric oven and under bench dishwasher, electric cooktop with rangehood over, fridge/freezer included, lots of cupboards and store space, plus a large island bench overlooking the living areas
•  Big bedroom with walk through robe to ensuite with mirrored sliding doors on each side plus another balcony offering fresh air
•  Ensuite has large shower recess, dual vanities and a toilet
•  Bedroom 2 has its own balcony facing East and 2 door, sliding mirrored built in robes
•  Main bathroom has a bath with shower head over (best of both worlds), vanity and toilet
•  Separate laundry room at entry with dryer included and lots of storage options plus a corner tub
•  Balcony off the living area facing North and with amazing views of Black Mountain and the City being positioned so high over the roof tops of the other buildings in the development
•  2 allocated car spaces on level B2 plus an allocated lockable Colourbond enclosure right next to the car spaces

The Metropolitan features:
•  Resort style facilities including an Indoor heated lap pool & sauna
•  Fully equipped gym set over two levels
•  BBQ facilities in 2 x common courtyard/entertaining spaces
•  Solar cells on roof of development
•  NBN - FTTB
•  Video intercom for guests & lift access direct from basement level 14 with no stairs
•  Rubbish chute on each level
•  On-site building manager
•  Pets welcome (subject to body corporate notification)
•  Walking distance to an array of Canberra's trendiest cafes & bars & cinema
•  Short walk to The Australian National University & scenic Lake Burley Griffin 
•  The upcoming, stage 2 light rail stop is located only 50m away on London Circuit 

To help buyers, we offer the following as part of our Friendly Auction System:  
•  Written buyer price guide which is also updated as the campaign progresses  
• A digital brochure which can be emailed to you prior to a viewing containing everything you need to know about the property and the auction purchase process (request via email) 
•  We refer a solicitor who can review the marketing contract for FREE and provide a FREE Section 17 certificate if you want to submit a pre-auction offer  
•  Help amending any conditions in the contract such as organising an occupation agreement or variation of settlement dates