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About this property
The Metropolitan Perfect city pad or high yielding investment. **Attention Investors: Gross rental yield is over 7% for this property **. Could this be the perfect high yielding addition to your portfolio or an opportunity to purchase in a self-managed superannuation fund? Discover this stylish one-bedroom apartment in the iconic Metropolitan development, offering the perfect blend of city lifestyle and investment potential. Ideally suited as a city pad or a high-yielding rental property, this home delivers convenience, comfort, and access to premium facilities. Apartment Highlights Fully furnished and equipped, perfect for short term rental Large one-bedroom layout with separate living and dining areas Currently leased to long-term tenants on a periodic basis for $580 per week Allocated basement car space and secure storage enclosure Internal Features Generous open-plan living space with separate dining area Modern kitchen with stone benchtops, mobile breakfast bar, and Fisher & Paykel appliances (dishwasher, oven, electric cooktop, range hood) Full-height pantry and ample storage cupboards Separate laundry within the bathroom Spacious bedroom with large built-in wardrobe and direct access to the bathroom Split-system reverse cycle heating and cooling Metropolitan Development Amenities Heated indoor swimming pool & sauna Fully equipped gym with a wide range of equipment Landscaped podium gardens with BBQ facilities Secure video intercom and on-site building manager Pet-friendly (subject to body corporate approval) Location Benefits Opposite New Acton's cultural and arts precinct Short walk to The Australian National University, Lake Burley Griffin, and Canberra's city centre Easy access to cafes, restaurants, bars, Palace Electric Cinemas, and convenience stores Upcoming Stage 2 light rail stop on London Circuit enhances connectivity Key details; Living area: 71m² Balcony: 8m² Single car space in basement Lockable storage in basement Built: 2007
7/2 Edinburgh Avenue, City ACT 2601
Asking price
$420,000+
Listed by
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Last 10 sold in City
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52/15 Coranderrk Street, City ACT 26012 2 2 · Goodhaus Property$680,000May 2026
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7/3 Gordon Street, City ACT 26011 1 1 · Wright Dunn Real Estate$460,000May 2026
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704/2 Marcus Clarke Street, City ACT 26012 1 1 · Blackshaw Manuka$450,000Apr 2026
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The Grande - 516/70 Allara Street, City ACT 26012 1 1 · The Grande on London$735,900Apr 2026
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809/25 Edinburgh Avenue, City ACT 26011 1 1 · Hive Property$455,000Apr 2026
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809/25 Edinburgh Avenue, City ACT 26011 1 1 · Hive Property$455,000Apr 2026
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509/2 Akuna Street, City ACT 26011 1 1 · Jonny Warren Properties$323,000Apr 2026
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502/240 Bunda Street, City ACT 26012 2 1 · Blackshaw Manuka$637,500Apr 2026
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508/21 Marcus Clarke Street, City ACT 26013 2 2 · Hive Property$1,475,000Apr 2026
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508/21 Marcus Clarke Street, City ACT 26013 2 2 · Hive Property$1,475,000Apr 2026
Source: recent sold property data for City ACT.
Nearby schools (within 3 km)
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0.1 kmAustralian Council of Learned AcademiesSchool
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0.2 kmCasa HospitalitySchool
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0.7 kmCanberra Purification CenterSchool
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0.8 kmHugh Ennor BuildingSchool
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0.9 kmCrawford School of Public PolicySchool
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1.3 kmAcademy of Social Sciences in AustraliaSchool
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1.5 kmAinslie Arts CentreSchool
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1.6 kmGoodstart Early Learning BraddonSchool
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1.7 kmAinslie SchoolSchool
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2.1 kmCampbell High SchoolSecondary School
Source: Google Places