FOR SALE
$480,000+

109/53 Mort Street
Braddon ACT 2612

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 70m2
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Smart Buying in IQ

This property is for sale on behalf of a Defence Housing Australia lessor and has a Defence Housing Australia lease in place. Visit dha.gov.au to learn the benefits of investing in Defence Housing Australia property.
In accordance with DHA regulations, inspections are by appointment only.
Tenanted through DHA at $540/week with a fixed lease until 2026, this fabulous 6-year-old apartment provides an excellent opportunity to enter the Real Estate market. If you're a first-time investor, Defence Housing Australia are the perfect property manager, ensuring an excellent tenant, security and tenure, annual rent reviews and a written promise to recarpet and repaint at conclusion of their lease (in accordance with lease timeframes as outlined in section 6.5 of the lease terms).
If you're a first home buyer, you can relax for a while and let your tenant help you get stuck into the mortgage until you are ready to move in. The location here is fabulous, being just a short walk to the wonderful Haig Park (and its Sunday markets), the light rail, and buzzing Lonsdale Street. Bentspoke Brewery will become your local pub and '86' your favourite restaurant.
The building itself is named IQ because it pushed the boundaries with the latest in technology at the time, including video intercom, high security (including cameras), fibre NBN connection to each apartment and much more.
The apartment is beautifully appointed with ducted reverse cycling heating and cooling, LED downlighting and a high level of inclusions to the kitchen, The main bedroom has a walk-through robe to the bathroom and there is a separate dedicated study. There is also a super secure car space and lock up storage.
At a glance;
- Main bedroom has walk-in-robe and access to balcony
- Separate study with built-in-robe
- Ducted reverse-cycle air conditioning
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Property Details for 109/53 Mort St, Braddon

109/53 Mort St, Braddon is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a floor size of 70m2. The place is currently for sale with LJ Hooker Dickson.

Building Type
Apartment
Floor Size
70m2

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About Braddon 2612

The size of Braddon is approximately 1.5 square kilometres. It has 5 parks covering nearly 15.2% of total area. The population of Braddon in 2011 was 4,556 people. By 2016 the population was 5,507 showing a population growth of 20.9% in the area during that time. The predominant age group in Braddon is 20-29 years. Households in Braddon are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Braddon work in a professional occupation. In 2011, 28.8% of the homes in Braddon were owner-occupied compared with 29.2% in 2016.

Braddon has 6,026 properties. Over the last 5 years, Houses in Braddon have seen a -18.80% decrease in median value, while Units have seen a 25.30% increase. As at 31 July 2024:

  • The median value for Houses in Braddon is $1,141,802 while the median value for Units is $520,380.
  • Houses have a median rent of $580 while Units have a median rent of $590.
There are currently 45 properties listed for sale, and 48 properties listed for rent in Braddon on OnTheHouse. According to CoreLogic's data, 243 properties were sold in the past 12 months in Braddon.

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Stephen Bunday
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Brenden Mowat
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LJ Hooker Dickson
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