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Sold on 27 Mar 2024 - Price Unavailable

Mort Street
Braddon ACT 2612

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Floor area: 50m2
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Property Details for 313/42 Mort St, Braddon

313/42 Mort St, Braddon is a 1 bedroom, 1 bathroom Unit with 2 parking spaces. The property has a floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom Unit sold in Braddon in the last 12 months.

Building Type
Unit
Floor Size
50m2
Local Government
Canberra Central

Last Listing description (March 2024)

Perfect as an investment where you know your property will always be rented, or brilliant for starting your real estate journey as a first home buyer where you would reap the rewards of a property in the heart of the city that can be held as an investment and provide a great leapfrog into a larger home down the track.

If location is at the top of your list, then this opportunity to secure this brand-new apartment in Braddon may be just what you're looking for.

What sets this property apart is its potential as an Airbnb hotspot. Situated in a prime location, surrounded by trendy cafes, bustling boutiques, and cultural attractions, it's a magnet for travelers seeking an authentic city experience and you will always be booked out.

But the perks don't end there. This apartment comes with an invaluable asset�a coveted extra parking spot. In a city where parking is at a premium, having an extra spot presents an opportunity for additional income. Rent it out to nearby residents or commuters looking for convenient parking, and watch your investment grow.

Brought to you by Core developments, the M42 building couldn't be in a better location in Canberra's most vibrant suburb.

Features
- Open plan one bedroom apartment + study
- Light filled bedroom with built in robe
- Modern kitchen appointed with stone benchtops, smeg appliances and soft close cabinetry
- Glass sliding doors open onto balcony for seamless indoor-outdoor living
- Double glazing to all windows and sliding doors
- 2 Secure basement parking and lockable storage cage
- Open terrace on top floor for resident's use
- 5-minute walk to Canberra centre shopping precinct
- 50+ places to eat and drink within walking distance
- Perfect Air b'n'b investment property
- 2-minute walk to light rail stop
- Only 68 apartments in complex

More stats you may want to know�
Internal: 50 sqm
External: 6 sqm
Strata fees: $500 per quarter approx
Rates:
Rental appraisal: $520 - $550 per week
Aspect: East facing out over Lonsdale over the top of Lonsdale street roasters
Level: 3

Property History for 313/42 Mort St, Braddon, ACT 2612

A timeline of how this property has performed in the market
Last Sold
27 Mar 2024
Listed for Rent
$500/w
24 Jun 2024
  • 10 Apr 2024
    Listed for Rent $500 / week
  • 27 Mar 2024
    Sold
  • 23 Feb 2024
    Listed for Sale $465,000+

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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 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 47 properties listed for sale, and 49 properties listed for rent in Braddon on OnTheHouse. According to CoreLogic's data, 243 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.