6/38-40 Torrens Street

Braddon ACT 2612

This rare find represents one of the best value opportunities to buy into this sought after area.

To get a copy of the digital brochure containing an explanation of our friendly sales campaign and the full contract, please send us an email and note your full name and best contact phone number and it will be automatically sent to you immediately.

Buyers Will Love
- Low body corporate levies, see all figures below.
- Low maintenance development with no big expenses like lifts or pools.
- NBN FTTN.
- Development includes a kid's playground and bike storage.
- One basement car space.
- Pets welcome. Subject to body corporate notification.

The Apartment
- North Facing, situated away from all roads for added privacy.
- Elevated first floor location with established trees in front.
-Fully covered balcony with storage enclosure.
- Split system reverse cycle air conditioning heating and cooling.
- Intercom access.
- Large kitchen with oven, rangehood, dishwasher and a new cooktop.
- 2 bedrooms each with built in robes.
- Big bathroom with large corner bath/shower.

The Numbers:
- Living: 84m2 plus 19m2 balcony
- Age: 27 years. Built 1995
- Strata levies: $3,031 p.a.
- Rented at $500/week till 01/01/23
- General rates: $2,277 p.a.
- Water & sewerage rates: $667 p.a
- Land tax (investors only): $2,699 p.a.
- EER: 6 stars
- Units plan 1428 with 85 units, managed by CIVIUM
- Total admin and sinking fund balance: $135,886

The Offer Process:
- To help buyers on value, we advertise a guide price which your offer must exceed.
- Offers can be subject to finance or unconditional (preferred).
- Offers are confidential & will not disclosed to other buyers for privacy purposes.
- A 5% deposit is acceptable via eft just prior to exchange of contracts.
- We have a solicitor pre-allocated to provide a FREE contract review and section 17 if required.