SOLD
Sold on 28 Jun 2024 for $460,000

224/45 Ainslie Avenue
Braddon ACT 2612

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 64m2
Sold By
Hayman Partners
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Property Details for 224/45 Ainslie Ave, Braddon

224/45 Ainslie Ave, Braddon is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2019. The property has a floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 1 bedroom Unit sold in Braddon in the last 12 months.

Building Type
Unit
Year Built
2019
Floor Size
64m2
Local Government
Canberra Central
Lot/Plan
BRADDON: Block 1, Section 62, Unit 24

Last Listing description (August 2024)

Priced to sell!

Situated in the popular Founders Lane complex, this styling apartment offers a great opportunity to own in the center of Canberra and benefit from all the city has to offer.

The functional layout of the apartment offers a modern open plan layout. The kitchen includes electric cooking appliances, integrated dishwasher, breakfast bar and a wood-like finish on the cabinetry. The space overlooks the living and dining room, that is complimented by the hybrid flooring throughout. There is also a space for a study nook off the kitchen, ideal for study or work from home.

The bathroom includes a stylish and modern finish, with a grey floor to ceiling tiles throughout, frameless shower screen, floating vanity with a wood-like finish and mirrored shaving cabinet.

The standout feature is easily the large north-facing terrace. This space is ideal for entertaining your guests for a weekend lunch, lounging around and reading your favourite book or even giving a home to your countless plants. Outdoor space like this is hard to come by in City apartments.

Founders Lane is a modern complex finished in late 2019. Amenities included in the complex include elevator access to the apartment, complex grounds, and basement car parking. Located on the roof is the communal garden and BBQ area. This space offers fantastic views over the city while looking onto iconic Canberra landmarks such as Telstra Tower and Mount Ainslie.

Located in the trendy suburb of Braddon, purchases will have all the benefits of Inner City living at their doorstep. Some of Canberra's best restaurants are a short walk away including establishments such as Sage, Raku, Rizla, and Grease Monkey. Multiple parks and ovals are a short walk away, including Glebe Park. Public transport options include many main bus routes and the light rail network.

Features:
Large 34m2 terrace
European laundry
Currently tenanted at $520pw on a fixed lease until May 2024
Floor to ceiling tiles in the bathroom
Centralised heating and cooling
Communal rooftop BBQ area with views of Telstra Tower and Mount Ainslie
Across the road from the Canberra Centre
Short walk to a number of Government departments
Dedicated basement parking space

Figures:
Rates $423pq
Land Tax $504pq
Body Corp $687pq
Internal size 64m2
Terrace size 34m2
Rental $520pw fixed until May 2024
EER 6 Stars

Property History for 224/45 Ainslie Ave, Braddon, ACT 2612

A timeline of how this property has performed in the market
Last Sold
$460,000
28 Jun 2024
Listed for Rent
$495/w
29 Jul 2021
  • 28 Jun 2024
    Sold for $460,000
  • 18 Jan 2024
    Listed for Sale $470,000+
  • 12 Jul 2021
    Listed for Rent $495 / week
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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 5,969 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 48 properties listed for sale, and 36 properties listed for rent in Braddon on OnTheHouse. According to CoreLogic's data, 254 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.