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Sold on 28 May 2024 - Price Unavailable

25/40 Mort Street
Braddon ACT 2612

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 91m2
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Property Details for 25/40 Mort St, Braddon

25/40 Mort St, Braddon is a 2 bedroom, 2 bathroom Apartment with 2 parking spaces. The property has a floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Apartment sold in Braddon in the last 12 months.

Building Type
Apartment
Floor Size
91m2

Last Listing description (May 2024)

Nestled in the vibrant heart of Braddon, mere steps from the renowned Bentspoke Microbrewery and amongst an array of culinary delights, awaits this remarkable 2-bedroom, 2-bathroom, 2-car apartment. Set within the esteemed 'The Gallery' building, this residence exudes charm from its appealing exterior to its meticulously designed interior.

Unit 25 exemplifies excellence, showcasing a well-thought-out floorplan ideal for shared living. The generously sized kitchen offers ample bench space and top-notch appliances. The primary bedroom features a walk-through robe and ensuite, while the second bedroom benefits from a convenient 2-way bathroom, catering to both residents and guests alike.

The expansive living area flows seamlessly onto a sizable balcony overlooking the lively Mort Street. For added privacy, exterior shutters afford the luxury of seclusion. Additionally, a lock-up courtyard at the front is perfect for securely storing your bicycle or e-scooter and provides an elegant entrance to the apartment.

Braddon epitomizes a coveted lifestyle in Canberra, with an abundance of restaurants, bars, and cafes just moments away. Among the favourites are Assembly, Hopscotch, Corella, 86, and the newest addition, Paloma. Moreover, a brief stroll takes you to the bustling Canberra CBD, where a wealth of shopping, amenities, restaurants and entertainment awaits.

Currently leased until November at $740 per week, this property presents a compelling investment opportunity. Whether considering an investment now with future occupancy in mind or simply seeking to capitalize on its potential returns, this residence promises to deliver both immediate and long-term benefits.

At a glance;
- Secure front courtyard (12sqm)
- Balcony with bi-fold privacy shutters (14sqm)
- Reverse-cycle air conditioning
- 2-way bathroom and ensuite
- European laundry
- Large kitchen with ample storage, bench space and quality appliances
- Secure basement parking
- Storage cage
- Short walk to Lonsdale Street, Braddon (restaurants, cafes and bars)
- Short walk to Canberra CBD

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Property History for 25/40 Mort St, Braddon, ACT 2612

A timeline of how this property has performed in the market
Last Sold
28 May 2024
Listed for Rent
$730/w
07 Nov 2022
  • 28 May 2024
    Sold for $750,000
  • 03 Apr 2024
    Listed for Sale Sold
  • 25 Oct 2022
    Listed for Rent - Price not available
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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 -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 38 properties listed for sale, and 43 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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