OFF MARKET

42/40 Mort Street
Braddon ACT 2612

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 42/40 Mort St, Braddon

42/40 Mort St, Braddon is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2018. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
Unit
Year Built
2018
Local Government
Canberra Central
Lot/Plan
BRADDON: Block 8, Section 20, Unit 42

Last Listing description (June 2022)

This spacious 1 bedroom apartment in the highly regarded Gallery development offers an exciting inner-city lifestyle opportunity not to be missed. The modern industrial inspired exterior of the building is complimented with refined luxurious interiors to create a boutique development which really does stand alone in terms of quality and amenity.

The Gallery development was designed by award winning Cox architects and completed in 2018. It is a striking building with only 54 residential apartments & 3 commercial tenancies. There are a number of unique features within the building, including a large atrium within the centre 'core' of the building allowing cross flow ventilation and natural light. The development is located only one block from the buzz of Lonsdale Street yet in a quiet position, so you really can enjoy the best of both worlds here.

Apartment 42 is ideally positioned on the 5th floor of the building (on the end, with only one neighbouring apartment), providing a pleasant outlook and offering maximum privacy. Being the largest one bedroom design within the development, the apartment boasts an impressive 64m2 of internal living area and is complimented with a full length 8m2 balcony to provide the true indoor/outdoor living experience. The balcony is fitted with an external screening system allowing residents to filter sunlight and privacy where required to create the optimal living environment all year round.


The open plan living areas are generous in size & offer high ceilings, giving a real sense of space throughout the property. The kitchen is a real highlight with its size and functionality and is sure to satisfy the culinary requirements of any resident. The modern finishes such as stone benchtops, timber joinery & black Asko appliances compliment the generous storage & large breakfast bar which adjoins the living space.

Storage has been well catered for throughout the apartment, including a large pantry, linen cupboard and bathroom recessed cabinetry. The modern bathroom features full height tiling, custom built vanity unit & the generous size bedroom & large walk through robe ensures comfort & practicality.

Ideal for either live-in owners or investors, this apartment represents an exciting opportunity to buy into a sought after boutique complex within the popular Braddon precinct.

Summary of features:

Ultra-convenient location in the heart of Braddon
Located in the boutique "Gallery" development
Building designed by award winning Cox architects, completed in 2018
Large 1 bedroom floor plan
Level 5 apartment
Full size kitchen with large breakfast bar
Spacious living areas with high ceilings
Generous bedroom (with walk through robe)
Modern two-way bathroom
Double glazed windows throughout
Large covered balcony with integrated privacy shutters
Upmarket kitchen with stone benchtops & large breakfast bar
Asko kitchen appliances
Rangehood ducted externally
Split system reverse cycle air conditioning
Lift access from basement to apartment level
Intercom access for guests
1 basement car space + lockable storage
Offered with vacant possession (perfect for live-in owners or investors)
Internal living area: 65m2
Balcony size: 8m2
Front entry courtyard: 8m2

Property History for 42/40 Mort St, Braddon, ACT 2612

A timeline of how this property has performed in the market
Last Sold
$517,000
07 Jun 2022
Listed for Rent
$530/w
09 May 2022
  • 07 Jun 2022
    Sold for $517,000
  • 19 May 2022
    Listed for Sale $485,000+
  • 06 Apr 2022
    Listed for Rent $530 / 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 5,968 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 48 properties listed for sale, and 36 properties listed for rent in Braddon on OnTheHouse. According to CoreLogic's data, 254 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.