SOLD
Sold on 30 Apr 2024 for $492,000

33/40 Mort Street
Braddon ACT 2612

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 62m2
Land area: 1533m2
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Property Details for 33/40 Mort St, Braddon

33/40 Mort St, Braddon is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2018. The property has a land size of 1533m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 1 bedroom Unit sold in Braddon in the last 12 months.

Building Type
Unit
Year Built
2018
Floor Size
62m2
Land Size
1533m2
Local Government
Canberra Central
Lot/Plan
BRADDON: Block 8, Section 20, Unit 33

Last Listing description (April 2024)

The perfect blend of luxury, lifestyle and convenience; located in the boutique development 'The Gallery', this designer one-bedroom apartment is front row to the best views of iconic Lonsdale Street.

Offering a contemporary living experience apartment 33 is located on the fifth floor accessible securely by lift into the unique, open to the sky, central atrium walkway to your front door.

Featuring a large open living plan flowing out to your private balcony. The apartment is characterised by its contemporary colour palette, stunning finishes to the bathroom and quality kitchen with Ceasar stone counter, black sink and tapware, high-end Asko appliances, and ample storage space.

The Japanese style sliding door to the main bedroom accentuates its feeling of being in a peaceful retreat above the hustle and bustle of city life. Be immersed in the eateries, nightlife and shopping of this transformed location, your new home in the heart of the Inner North.

Why you want to live here:
Fifth floor one-bedroom apartment in the 'Gallery' development.
Open-plan living area, flowing onto the private balcony.
Kitchen with Asko appliances, stone bench top and dishwasher.
Reverse cycle wall mounted air conditioning
European style laundry.
Bedroom with mirrored built-in robes andfeaturinga Japanese-style sliding door.
Spacious bathroom with walk-in shower.
Single lock-up car space with storage.

The apartment is being offered as furnished, or empty if you wish, making it the perfect addition to any savvy investor.

With everything at your doorstep, this really is the perfect addition to the investor's portfolio or great first property for someone wanting to enter the Canberra market. Don't miss the opportunity to make this apartment yours and experience the best of urban living.

Details:
Living Size: 53sqm
Balcony Size: 8sqm
Rates: $469pq
Strata levies: $1040pq
Rental appraisal: $550pw - $575pw
AirBNB return: $200 per night (approx)
EER: 6

Property History for 33/40 Mort St, Braddon, ACT 2612

A timeline of how this property has performed in the market
Last Sold
$492,000
30 Apr 2024
  • 17 Jun 2024
    Sold for $405,000
  • 30 Apr 2024
    Sold for $492,000
  • 28 Nov 2023
    Listed for Sale $499,000+
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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 41 properties listed for sale, and 41 properties listed for rent in Braddon on OnTheHouse. According to CoreLogic's data, 249 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.