FOR SALE
$520,000 - $530,000

45/84 Northbourne Avenue
Braddon ACT 2612

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 80m2
Land area: 2151m2
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Invest in Your Future Happiness Now

Embraced by morning sun, occupying the prized north east corner of the Mantra Apartments building, a versatile two bedroom/one bedroom studio floor plan offers many possibilities owning this furnished fourth floor apartment.
Currently under management and leased until October 18th 2028, offering a potential 4.24% net yield @ $22,067.20 per annum ($1,838.93 per month).
While its a secure investment until October 2028, an enviable cosmopolitan lifestyle can be enjoyed afterwards, facilitating a desirable "lock and leave lifestyle" in the following years with potential for short stay rental opportunities.
Imagine a future where you could spend your mornings at one of the numerous nearby cafes or eateries; take leisurely strolls into the city to either work or play: or take full advantage of the vibrant nightlife entertainment of the neighbourhood, this lifestyle offered, commands broad appeal.
Rather than spending time looking for change for parking meters, why not enjoy a change to casual walks to places to meet friends and family?
Single security parking space

Property Details for 45/84 Northbourne Ave, Braddon

45/84 Northbourne Ave, Braddon is a 2 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 2151m2 and floor size of 80m2. The place is currently for sale with Ray White Canberra.

Building Type
House
Floor Size
80m2
Land Size
2151m2

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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 0.11% increase in median value, while Units have seen a 28.08% increase. As at 31 August 2024:

  • The median value for Houses in Braddon is $1,285,134 while the median value for Units is $521,498.
  • Houses have a median rent of $570 while Units have a median rent of $590.
There are currently 48 properties listed for sale, and 54 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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Tom Coates
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Ray White Canberra
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