OFF MARKET

326/92 Northbourne Avenue
Braddon ACT 2612

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 55m2
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Property Details for 326/92 Northbourne Ave, Braddon

326/92 Northbourne 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 55m2.

Building Type
Unit
Year Built
2019
Floor Size
55m2
Local Government
Canberra Central

Last Listing description (January 2020)

Key Features:
- One bedroom apartment with built-in robe
- Appealing 3rd floor position with views

- Double glazed windows
- Outdoor balcony
- Security basement parking
- Pool and Gymnasium in complex
- New Light Rail on your doorstep
- Living: 42m2
- EER 5.0 star minimum

A rare opportunity currently presents itself to purchase a very desirable North facing inner city apartment in the heart of Braddon.

Located on the third floor of the exciting new Midnight complex in a prized location adjacent to Canberra's premier entertainment precinct, this delightful apartment is eagerly positioned to enjoy a wonderful lifestyle.

With completion scheduled for October 2019,the Midnight complex will provide a highly exciting mixed use hub for Braddon, comprising 250 private residential apartments, new Marriot Hotel and allocated space on the ground and first levels for commercial and retail development.

Further Features:
- Stylish kitchen with Quartz benchtops & Smeg appliances
- Ceramic cooktop, range-hood & dishwasher
- Led downlights throughout
- Split system air-conditioning to living area & master bedroom
- Lift to all levels
- 5 mins drive to Canberra City
- 15 mins drive to Australian Institute of Sport, GIO Stadium & Lake Burley Griffin
- Rental Estimate: $450-$475 per week approx.

Midnight is one of the new exciting high density developments that is situated alongside the new Light Rail corridor that will link the Light Rail to the Braddon precinct and deliver vibrancy, amenities and services for the whole community.

Having the hotel at the heart of this complex is essential as it sustains an internal dynamic throughout all hours of the day and night, which contributes to the vibrancy and amenities for all residents. The development is all about maximizing the proximity to both the Light Rail and Braddon which is fast becoming one of the most exciting social, dining and residential precincts in Australia.

For further information, please contact Larry Eckhoff from Ian McNamee and Partners on 6283 5555, mobile 0418 832 091 or via email l.eckhoff@mcnamee.com.au

Disclaimer: All purchasers must rely on their own enquiries, as the vendors or their respective agents do not make any warranty as to the accuracy of the information provided above and do not or will not accept any liability for any errors, misstatements or discrepancies in that information. We have diligently and conscientiously undertaken to ensure it is as current and as accurate as possible.

Property History for 326/92 Northbourne Ave, Braddon, ACT 2612

A timeline of how this property has performed in the market
  • 03 Oct 2019
    Listed for Sale $369,000-$379,000

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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 5,965 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 40 properties listed for sale, and 41 properties listed for rent in Braddon on OnTheHouse. According to CoreLogic's data, 250 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.