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