OFF MARKET

57/84 Northbourne Avenue
Braddon ACT 2612

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 79m2
Land area: 2151m2
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Property Details for 57/84 Northbourne Ave, Braddon

57/84 Northbourne Ave, Braddon is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1998. The property has a land size of 2151m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in May 2015.

Building Type
Unit
Year Built
1998
Floor Size
79m2
Land Size
2151m2
Local Government
Canberra Central
Lot/Plan
BRADDON: Block 16, Section 19, Unit 57

Last Listing description (December 2015)

The best buy of 2015 is now on the market. Boasting a unique 'dual occupancy' floor plan, this fully furnished executive apartment offers 'peace of mind' for any avid investor.
The Mantra rental program guarantees an annual gross rental income of $25,706 (approx.) up until 2018 with an option to then continue for another 5 years - perfect for investors buying through a super fund.
Positioned adjacent to the thriving Braddon/Lonsdale St precinct and within an easy walk to the City, the location is second to none.

Dual key apartments are configured with one main door into a small foyer area where two additional doors provide access to the separate apartment areas and essentially are designed to allow for dual income of a unit on one title.
The Mantra Hotel offers luxurious amenities including an onsite restaurant/bar, lift access, gymnasium, heated pool and even a sauna.
Features:
- Dual income from one title
- 79m2 of living plus balcony
- Perfect for purchasing through a super fund
- Basement car park with restricted access
- Adjacent to the thriving Braddon precinct
- Easy walk to CBD
- Guaranteed gross rent of $25,706 (approx.) until Oct 2018 with a 5 year option to continue
- Onsite amenities such as restaurant/bar, lift access, gymnasium, heated pool and sauna
- Fully furnished
-Rates: $991 p.a. (approx)
- Land tax: $1208 p.a. (approx)

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Property History for 57/84 Northbourne Ave, Braddon, ACT 2612

A timeline of how this property has performed in the market
Last Sold
$280,000
13 May 2015
  • 13 May 2015
    Sold for $280,000
  • 12 Mar 2015
    Listed for Sale Not Disclosed
  • 26 Jun 1998
    Sold for $249,950

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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 5,967 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 49 properties listed for rent in Braddon on OnTheHouse. According to CoreLogic's data, 250 properties were sold in the past 12 months in Braddon.

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