Back 204/51 Mort Street
Off Market

204/51 Mort Street

Braddon ACT 2612

2
1
1
64 m²
Apartment
Last sold for $532,000
Aaron LewisAaron Lewis, last sold this property on 18 October 2024 after 22 days on market.

Overview

Modern and private unit so close to so much

Located within the IQ development, this unit represents an unrivalled opportunity to live in the heart of Braddon, although thanks to the elevated position and established leafy trees out your windows, it will feel like your own private retreat. You will immediately appreciate this apartment's design, optimised for living space and function. Flooded with natural light from the eastern-facing outlook onto Mort Street, the main bedroom is generous and features direct access to a private balcony above the vibrant City. Retreat to the open-plan living area and galley-style kitchen, with modern stone benchtops and Smeg appliances. An award-winning energy management system optimises the performance of your energy consumption, complemented by practicalities of double-glazing, abundant storage and a clever layout. The second room provides endless options tailored to you a generous study, quiet hobby room or space for a growing family. This beautifully-maintained building features EV charging stations, solar panels as well as low-maintenance amenities such as a community BBQ area and herb garden keeping strata costs low and future-proofing your investment. With both investors and owner-occupiers in mind, the apartment currently rents for $620 p/w with vacant possession in time to settle and move in by Christmas. Like what you've heard? This is only the beginning! Watch the detailed walk-through video, it's our 24/7 salesperson for you to get an excellent feel for the features of this apartment and the development itself. It's the most informative property video you will watch during your property search, but don't just take our word for it... To get a copy of the digital brochure containing an explanation of our friendly sales campaign and the full contract, just shoot us an email from any of the portals and it will be automatically sent to you. What buyers will love: Vacant possession in time to settle and move in before Christmas External facing onto Mort Street Very private with no other units able to look in with views of large established trees Open and flexible, light filled floor plan Immaculately maintained with high quality fixtures and finishes, no renovations required Option to rent out your parking space for additional income of $75 per week or rent a second space if you're a two-car family The Numbers: (approx.) Internal living area: 64m2 Balcony: 8m2 Total living area: 72m2 Level in building: 2 of 7 Number of units in 'IQ' development: 245 units over four separate buildings (all the cost-effective benefits of a larger building with a more boutique feel) Age of unit: 9 years old (building completed 2015) Strata levies: $3,427 p.a. General rates: $1,937 p.a. Land tax (investors only): $2,421 p.a. Water and sewerage rates: $740 p.a. Currently rented for: $620/wk till December 2024 (the tenant will be handing over the property in December ready for settlement by Christmas) Potential to rent out the car space: $75/week or $3,900/year EER: 6 stars (out of 6 stars) Strata manager: Bridge Strata phone (02) 61097700 Units Plan number: 4124 Total admin/sinking fund balance: $1,882,994 as of 17th of September 2024 Apartment features: Large open plan living area with dual access to the balcony from the living room and main bedroom Modern kitchen with stone benchtops, SMEG appliances including a ceramic touch-control cooktop, under bench oven and dishwasher, rangehood plus additional storage Bathroom has full-height tiling, shower, toilet and vanity with storage and mirror overhead Main bedroom has a 3-door mirrored sliding built in robe Second room has a 2-door mirrored sliding built in robe Ducted reverse cycle air conditioning (heating and cooling) LED downlighting throughout Roller blinds and sheers on external windows/doors Double-glazed windows and double-glazed sliding doors to balcony Separate European laundry with washing machine and dryer included Covered balcony with room for entertaining 1 allocated car space in B1 basement close to the lifts Lockable storage enclosure at rear of car space The basement/carpark can be accessed from both Mort St and Northbourne Avenue making getting in and out easier at peak times The IQ Building: 4 EV charging stations Ample visitor parking (a rarity in Braddon) inside security gate in the basement Energy monitoring technology CCTV for additional security around the building Solar panels Secure/restricted access to the building and all units with key cards Pet friendly complex Fast NBN internet available (FTTP) Fibre to the Premises Video intercom and lift access Communal BBQ and herb garden Centralised gas hot water system Garbage chute and recycling bins on each level Bike storage facilities 2 mins from the Elouera Street light rail stop on Northbourne Avenue Easy walk to the City, bus interchange, ANU, and Canberra Centre shopping area Directly opposite some of the best restaurants, bars and cafes in Australia To Help Buyers We advertise a guide price which your offer must exceed Offers can be conditional (subject to finance/valuation) or unconditional and on a contract with a waiver of the cooling off (preferred) We provide a solicitor that can provide a FREE contract review and section 17 if required All offers are confidential and will not disclosed to other buyers for privacy purposes No deadline for offers to be presented to the owner allowing for quicker decisions We can help making amendments to the contract such as deposit requirements or settlement dates A 5% deposit to be paid on exchange is acceptable

Features

2 bedrooms
1 bathroom
1 carspace
64 m² floor area
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Braddon over the last 12 months, the estimated median property value of 204/51 Mort Street is $617k.

Median value
$617k
Estimated value range
$410k - $840k
Median days on market
50
Estimated value trend
-4%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Braddon. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 204/51 Mort Street

2024
Sold
$532,000
Private Sale/Treaty on 18 Oct 2024 by Aaron Lewis, of Independent Property Group North
2022
Rented
Undisclosed
Leased on 01 Dec 2022 by LJ Hooker Canberra City

Happy sellers in Braddon

83%
83% of sellers in Braddon reported that their sale price either exceeded or met their price expectations.

Braddon stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 48 reviews in Braddon over the last 12 months.

Local market activity for 2 bedroom apartments in Braddon

In the last 12 months, 85 two-bedroom apartments similar to 204/51 Mort Street, have been sold.

This represents a 16% increase in two-bedroom apartments sales when compared to the previous 12 months.

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