OFF MARKET

120/84 Northbourne Avenue
Braddon ACT 2612

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 55m2
Land area: 2151m2
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Property Details for 120/84 Northbourne Ave, Braddon

120/84 Northbourne Ave, Braddon is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1998. The property has a land size of 2151m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
Unit
Year Built
1998
Floor Size
55m2
Land Size
2151m2
Local Government
Canberra Central
Lot/Plan
BRADDON: Block 16, Section 19, Unit 120

Last Listing description (November 2021)

An investment opportunity in the heart of Canberra with a current gross income of $1,887.02 per month could be just what your accountant ordered for the next addition to your investment portfolio!

This fully furnished and self-contained one bedroom apartment situated high on Level 9 in 'Mantra on Northbourne' could be the perfect "set and forget" investment. With an existing management arrangement with Mantra in place until 18 October 2023, the steady income that this pleasing opportunity provides will provide you with security and peace of mind.

Centrally located just seconds from the Canberra CBD, this fantastic opportunity is brilliantly located on the light rail route, and within easy walking distance to the Canberra Centre, and the many cafes, restaurants and bars located in the Braddon and City area - making Mantra a very popular location for visitors to Canberra to stay!

Guests will also enjoy the fantastic amenities at Mantra, including a heated indoor pool, sauna, gym, restaurant/bar, and undercover parking. Once the current management term has ended there is also the option of potentially renewing this or utilising the property yourself.

The spacious apartment is modern with comfortable soft furnishings, a queen size bed, a built-in wardrobe, and study desk. The kitchen is well-equipped with a fridge, microwave, cook top and dishwasher.

The bathroom features a bath/shower, vanity, plus a laundry with a washing machine and clothes dryer.

If you're seeking an astute investment with a steady return, then look no further than this fantastic opportunity!

Features include:

- Fabulous location in the very heart of Canberra
- Level 9 location
- Spacious and comfortable layout
- Fully furnished and equipped
- Separate Bedroom with built-in wardrobe
- Balcony access from bedroom
- Bathroom and Laundry
- LCD TV
- Air conditioning
- Secure underground parking
- Heated indoor pool
- Sauna
- Gym
- Restaurant and bar on-site
- Short walk to Braddon restaurants and cafes
- Minutes from the ANU
- Situated on the Light Rail route
- Allocated basement car parking space on title
- EER: 6 stars
- Rates: $404.00 per quarter (approx.)
- Land Tax: $490.58 per quarter (approx.)
- Strata Levies: $654.50 per quarter (approx.)
- Water: $171.58 per quarter (approx.)

With the End of Financial Year upon us, right now could be the perfect time to kick start your financial future!

Property History for 120/84 Northbourne Ave, Braddon, ACT 2612

A timeline of how this property has performed in the market
Last Sold
$292,000
14 Sep 2021
  • 14 Sep 2021
    Sold for $292,000
  • 09 Jun 2021
    Listed for Sale Offers over $285,000 invited
  • 24 Mar 2003
    Sold for $191,500
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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 5,968 properties. Over the last 5 years, Houses in Braddon have seen a 26.58% increase in median value, while Units have seen a 25.94% increase. As at 31 October 2024:

  • The median value for Houses in Braddon is $1,240,109 while the median value for Units is $526,227.
  • Houses have a median rent of $570 while Units have a median rent of $600.
There are currently 46 properties listed for sale, and 38 properties listed for rent in Braddon on OnTheHouse. According to CoreLogic's data, 252 properties were sold in the past 12 months in Braddon.

Suburb Insights for Braddon 2612

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.