FOR SALE
$415,000+

56/28 Mort Street
Braddon ACT 2612

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Incredible Value in Braddon - Spacious Apartment With Mountain Views

Right on the fringe of the CBD and in the beating heart of Braddon's food and entertainment district, you'll find this surprisingly large, comfortable unit. This has been an excellent set-and-forget investment for years, and the time has now come for the sellers to move on to other pursuits.
One of the first things you are likely to notice as you walk in is the picturesque view across to Mount Ainslie, and as you venture out onto the balcony, you'll find a much larger outdoor space than normally comes with units of this type. There's more enough room to entertain out here, and gaze across the City, Lonsdale Street, and the greenery beyond. Inside there is enough room for a lounge, dining area and study nook, as well as the very generous bedroom with its own private access to the balcony.
This location puts so much right at your doorstep. In fact, you can often just leave the car parked securely underground and easily walk to the CBD, ANU and Light Rail.
In fact, the sellers originally bought this unit so their son could walk to and from the ANU, a clever and cost effective alternative to on-site boarding. This also underpins the property's value as an investment, with strong rental demand across a variety of demographics.
What's on offer:
? Spacious 1 bedroom apartment
? Huge amounts of storage, with 3 separate storages downstairs
? Large balcony with views to Mt. Ainslie and the CBD
? Space for a lounge, dining area and study nook
? Secure parking & visitor parking
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Property Details for 56/28 Mort St, Braddon

56/28 Mort St, Braddon is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for sale with LJ Hooker Dickson.

Building Type
Apartment

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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 6,027 properties. Over the last 5 years, Houses in Braddon have seen a -5.97% decrease in median value, while Units have seen a 23.40% increase. As at 30 November 2024:

  • The median value for Houses in Braddon is $1,143,689 while the median value for Units is $520,777.
  • Houses have a median rent of $580 while Units have a median rent of $600.
There are currently 40 properties listed for sale, and 42 properties listed for rent in Braddon on OnTheHouse. According to CoreLogic's data, 257 properties were sold in the past 12 months in Braddon.

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Nic Salter-Harding
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LJ Hooker Dickson
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