67/84 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 48m2. While the property is not currently for sale or for rent, it was last sold in October 2022.
NOTE THAT LENDERS MAY LOOK AT AN LVR AS LOW AS 50% AND UP TO 70% ON SERVICED APARTMENTS. PLEASE SPEAK TO YOUR BROKER.
An investment ONLY opportunity in the heart of Canberra with a current net income of $2,400 per month could be just what your accountant ordered for the next addition to your investment portfolio!
This fully furnished and self-contained two bedroom apartment situated high on Level 5 in 'Mantra on Northbourne' could be the perfect "set and forget" investment. With a lease in place with Mantra/Saville Group until 18 October 2028, the steady income (approx. $29,000 p.a.) that this pleasing opportunity provides will provide you with security and peace of mind.
Centrally located just seconds from the Canberra CBD, this fantastic opportunity is brilliantly located on the light rail route, and within easy walking distance to the Canberra Centre, and the many cafes, restaurants and bars located in the Braddon and City area - making Mantra a very popular location for visitors to Canberra to stay!
Guests will also enjoy the fantastic amenities at Mantra, including a heated indoor pool, sauna, gym, restaurant/bar, and undercover parking. Once the current management term has ended there is also the option of potentially renewing this or utilising the property yourself.
The spacious apartment is modern with comfortable soft furnishings, a queen size bed, a built-in wardrobe, and study desk. The kitchen is well-equipped with a fridge, microwave, cook top and dishwasher.
The bathroom features a bath/shower, vanity, plus a laundry with a washing machine and clothes dryer.
If you're seeking an astute investment with a steady return, then look no further than this fantastic opportunity!
Features include:
- Fabulous location in the very heart of Canberra
- Level 5 location
- Spacious and comfortable layout
- Fully furnished and equipped
- Separate Bedroom with built-in wardrobe
- Balcony access from bedroom
- Bathroom and Laundry
- LCD TV
- Air conditioning
- Secure underground parking (1)
- Heated indoor pool
- Sauna
- Gym
- Restaurant and bar on-site
- Short walk to Braddon restaurants and cafes
- Minutes from the ANU
- Situated on the Light Rail route
- Allocated basement car parking space on title
- EER: 6.0
- Living Space: 80 sqm (total) (unit 1 - 32sqm & unit 2 - 48sqm)
- Rates: $481.00 per quarter (approx.)
- Strata Levies & Water: $832.00 per quarter (approx.)
- Deferred rent payment currently in place of $276.34/month until caught up (credit payment from Mantra to landlord/vendor)
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 6,091 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:
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