110/84 Northbourne AvenueBraddon ACT 2612
Property Details for 110/84 Northbourne Ave, Braddon
110/84 Northbourne Ave, Braddon is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1998. The property has a land size of 2151m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in September 1999.
Last Listing description (October 2018)
Gross yielding in excess of 8.0%, here's a limited opportunity to make a guaranteed return on an investment that performs against anything banks, or the share market offers. This ideal, investment* may suit an SMSF or investor seeking yield.
Centrally located with only a short stroll to the city centre, this first floor, fully furnished, serviced apartment offers an outstanding investment opportunity for someone seeking:
High returns with low risk,
Low purchase price
Low overheads and
Absolutely minimal fuss for you!
Gross rent guaranteed irrespective of the occupancy rate with multiple 5 year options to renew. Low strata fees, affordable land tax. Your monthly task is just to check your bank account.
Leased until October 2023 with additional multiple 5 year options out to 2033 the apartment also provides long term security for investors. Mantra Hotels will execute a new lease from date of purchase to the next lease rollover option you choose. Owners are entitled to discounts off normal rates at participating properties throughout the Mantra group.
The apartment itself features 55 square metres of living space with large bedroom and bathroom, good size kitchen and open plan living complemented by tasteful decor, furnishings and reverse cycle air conditioning.
Facilities in the complex include an indoor heated pool, gym and sauna along with restaurant, bar & lounge areas with conference rooms and guest parking.
This outstanding opportunity won't last long so call Peter now on 0450 976 441.
*Note - This is an investment only opportunity.
Property History for 110/84 Northbourne Ave, Braddon, ACT 2612
- 22 Aug 2018Listed for Sale $225,000+
- 17 Sep 1999Sold for $443,000
Recent sales nearby
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0About 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 2016 was 5500 people. By 2021 the population was 6383 showing a population growth of 16.0% 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 $1400 - $1799 per month on mortgage repayments. In general, people in Braddon work in a professional occupation.In 2021, 38.10% of the homes in Braddon were owner-occupied compared with 29.20% in 2016.
Braddon has 6,088 properties. Over the last 5 years, Houses in Braddon have seen a 17.03% increase in median value, while Units have seen a 17.21% increase. As at 31 December 2025:
- The median value for Houses in Braddon is $1,124,479 while the median value for Units is $527,471.
- Houses have a median rent of $590 while Units have a median rent of $620.
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