OFF MARKET

36/38 Mort Street
Braddon ACT 2612

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 59m2
Land area: 1533m2
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Property Details for 36/38 Mort St, Braddon

36/38 Mort St, Braddon is a 1 bedroom, 1 bathroom Unit and was built in 2014. The property has a land size of 1533m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in October 2019.

Building Type
Unit
Year Built
2014
Floor Size
59m2
Land Size
1533m2
Local Government
Canberra Central
Lot/Plan
BRADDON: Block 9, Section 20, Unit 36

Last Listing description (October 2019)

Located in the bustling entertainment precinct of Braddon, this spacious one-bedroom apartment is just as much about the lifestyle it presents than it is the apartment itself. You will be at the doorstep to some of Canberra's best restaurants such as 86, Italian & Sons and Akiba, steps away from bars such as Hopscotch, the newly opened Assembly and Kokomo's and some of Canberra's best morning brews are within sight (Lonsdale Street Roasters, Rye, Gather and Barrio.
Stepping inside you will be immediately impressed by the generous and functional layout. There is a study area upon entry which would suit a home office, the living room is flooded with natural light via the large bank of floor to ceiling windows and two skylights and the bedroom (as like the living) has direct entry on to the balcony.
Perched on the top floor of this prestigious development and with panoramic views, this home would suit an owner occupier looking to live a private and vibrant lifestyle or an investor looking to secure a fantastic return on their investment. The property is currently rented to a great tenant for $530 per week and the lease expires on the 12th of December 2019. It will be up to the new owner to decide if they want the tenant to stay on or if they would like to move in.

In summary:
Perfectly located within Braddons hub, leave the car and walk to some of Canberra's best eateries, the City, ANU and the Lake. Skylights for natural light Study or futon area for guests High quality finishes Large balcony for entertaining or a morning coffee Rented for $530 per week unfurnished (high rate of return) Body corporate fees: $851 per quarter (Approx.)

Property History for 36/38 Mort St, Braddon, ACT 2612

A timeline of how this property has performed in the market
Last Sold
$432,000
25 Oct 2019
Listed for Rent
$500/w
21 Mar 2018
  • 25 Oct 2019
    Sold for $432,000
  • 18 Sep 2019
    Listed for Sale Offers Above $429,000
  • 15 Mar 2018
    Listed for Rent $500 / 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 5,966 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 42 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.