OFF MARKET

507/42 Mort Street
Braddon ACT 2612

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 49m2
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Last updated 16 Dec 2024
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Property Details for 507/42 Mort St, Braddon

507/42 Mort St, Braddon is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2023. The property has a floor size of 49m2.

Building Type
Unit
Year Built
2023
Floor Size
49m2
Local Government
Canberra Central

Last Listing description (November 2023)

This brand-new one-bedroom apartment in the newly constructed M42 building exudes sophistication and style. Situated on the 5th floor with breathtaking views of Lonsdale St and Mount Ainslie, the unique floorplan and high-end finishes give it character and style that are hard to find in inner-city complexes.

The open-plan layout seamlessly connects the living spaces and the bedroom, welcoming an abundance of natural light to envelop every corner. The kitchen is a masterpiece, featuring custom oak veneer joinery and top-of-the-line European appliances that are typically reserved for high-end inner-city residences. With ample storage space, reverse cycle heating and cooling for year-round comfort, convenient lift access, secure basement parking, and a bonus storage cage, this apartment is the epitome of modern urban living.

Tucked away just one street behind the lively Lonsdale Street, and within a leisurely stroll to the city center, this apartment offers a lifestyle that's truly unparalleled. Don't miss your chance to experience the pinnacle of sophisticated city living in one of Canberra's trendiest neighborhoods.

The Perks:
5th-floor apartment with lift access
Open-plan design with double-glazed windows and hybrid vinyl planks
Custom oak veneer kitchen cabinetry with SMEG appliances, stone benchtops, and ample storage
Open plan living and dining or study, the choice is yours
Bedroom with built-in robes and quality carpet to give it a luxurious edge
Bathroom with high-end fittings and fixtures in a neutral colour palette
Laundry with wall-mounted Fisher & Paykel dryer and added storage
Fujitsu reverse cycle heating and cooling
LED downlights throughout
Balcony with views over Braddon
Common area on level 6 with spectacular views of Mount Ainslie
Walking distance to cafes, restaurants, and the city center

The Numbers:
Living 49.5m
Balcony 5m
EER 6 stars
Strata: $551.49 per quarter approx.
Rates: $837.19 per annnum approx.
Rental estimate: $500 - $520 per week

Explaining the private treaty process:
To ensure a fair & equitable process, all offers are confidential. This gives our buyers peace of mind that
we will not disclose an offer to another buyer in an attempt to force that buyer's intent. For guidance on
when offers close and how best to submit an offer, please contact the agent directly.

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Property History for 507/42 Mort St, Braddon, ACT 2612

A timeline of how this property has performed in the market
  • 11 Oct 2023
    Listed for Sale Offers Over $469,000

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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 6,029 properties. Over the last 5 years, Houses in Braddon have seen a -5.97% decrease in median value, while Units have seen a 23.40% increase. As at 30 November 2024:

  • The median value for Houses in Braddon is $1,143,689 while the median value for Units is $520,777.
  • Houses have a median rent of $580 while Units have a median rent of $600.
There are currently 37 properties listed for sale, and 45 properties listed for rent in Braddon on OnTheHouse. According to CoreLogic's data, 262 properties were sold in the past 12 months in Braddon.

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