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SOLD

313/42 Mort Street BRADDON, ACT 2612

Sold - Wednesday 27 March 2024 for $469,000
Bed Icon1 Bedrooms
Bath Icon1 Bathrooms
Car Icon2 Parking
Block size:1533
Bed Icon1 Bedrooms
Bath Icon1 Bathrooms
Car Icon2 Parking

Auction, Wed 27th March at 5:30pm if not sold prior

Perfect as an investment where you know your property will always be rented, or brilliant for starting your real estate journey as a first home buyer where you would reap the rewards of a property in the heart of the city that can be held as an investment and provide a great leapfrog into a larger home down the track.

If location is at the top of your list, then this opportunity to secure this brand-new apartment in Braddon may be just what you're looking for.

What sets this property apart is its potential as an Airbnb hotspot. Situated in a prime location, surrounded by trendy cafes, bustling boutiques, and cultural attractions, it's a magnet for travelers seeking an authentic city experience and you will always be booked out.

But the perks don't end there. This apartment comes with an invaluable asset—a coveted extra parking spot. In a city where parking is at a premium, having an extra spot presents an opportunity for additional income. Rent it out to nearby residents or commuters looking for convenient parking, and watch your investment grow.

Brought to you by Core developments, the M42 building couldn't be in a better location in Canberra's most vibrant suburb.

Features
- Open plan one bedroom apartment + study
- Light filled bedroom with built in robe
- Modern kitchen appointed with stone benchtops, smeg appliances and soft close cabinetry
- Glass sliding doors open onto balcony for seamless indoor-outdoor living
- Double glazing to all windows and sliding doors
- 2 Secure basement parking and lockable storage cage
- Open terrace on top floor for resident's use
- 5-minute walk to Canberra centre shopping precinct
- 50+ places to eat and drink within walking distance
- Perfect Air b'n'b investment property
- 2-minute walk to light rail stop
- Only 68 apartments in complex

More stats you may want to know…
Internal: 50 sqm
External: 6 sqm
Strata fees: $500 per quarter approx
Rates:
Rental appraisal: $520 - $550 per week
Aspect: East facing out over Lonsdale over the top of Lonsdale street roasters
Level: 3

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Additional Features

  • Checkmark IconSplit System Air Conditioning
  • Checkmark IconSplit System Heating
  • Checkmark IconGarage

Information about this Unit

  • Listed on
  • Last updated
  • Property typeUnit
  • Block size1533m² (approx)
  • Building size50m² (approx)
  • Land / Dev PurposeServices Zone (CZ3)
  • Bedrooms1
  • Bathrooms1
  • Parking spaces2
  • EER6.0
  • Stamp dutyA$9,700
* Figures quoted above are approximate values based on available information.

Sales History for 313/42 Mort Street BRADDON, ACT 2612

There is currently no sale history available for 313/42 Mort Street.

Local Neighbourhood

313/42 Mort Street BRADDON, ACT 2612 has 29 schools within 5 kilometres, with the closest being Ainslie School.

DistanceSchoolAddress
0.73 kmAinslie SchoolDonaldson Street, Braddon Pin Icon
0.81 kmMerici CollegeWise Street, Braddon Pin Icon
0.97 kmTurner SchoolCondamine Street, Turner Pin Icon

About Braddon

313/42 Mort Street is located within the suburb of Braddon, which has a population of 5,500, a median age of 29 and an average household density of 1.8 people.

  • 5500Population
  • 29Median Age
  • 1.8Avg. Household Size
Median Sale Price

Household Composition

Established Families
Couples
Single Parent Families
Single
Group Household

Dwelling Types

Houses
Apartments
Semi-Detached
Not Stated

Occupancy Types

Owned w/ Mortgage
Owned Outright
Rented Privately

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Mort Street

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Braddon

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North Canberra

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