Back 207/53 Mort Street
Off Market

207/53 Mort Street

Braddon ACT 2612

2
2
2
Apartment
Last sold for $752,000
Mark LarmerMark Larmer, last sold this property on 29 May 2025 after 21 days on market.

Overview

Spacious two bedroom plus study apartment rented for $840/week

This inner-City apartment is larger than most and offers a spacious open plan living area, plus a large, enclosed study room. Situated on the corner of the building, facing north and east #207 is surprisingly private, plus you will always know what season it is when you look out of your windows thanks to the big and beautiful established trees along Mort St. Where you live becomes a part of who you are; the atmosphere inspires you, the people on the streets influence you & the nearest café is soon to be your favorite spot. So why wouldn't you want to live in a thriving metropolis surrounded by the culture & convenience of Braddon and the City. Attention live-in owners – want to secure your new home now and get a big tax return this year? Consider the option of purchasing this wonderful abode now, claiming the stamp duty this financial year, then moving in next financial year after the lease ends? A lot of buyers do this, ask your accountant for more information. Attention investors – this unit offers a very strong rental yield and it's rented to house-proud, long-term tenants. They love the unit and location that much they have already confirmed they will be happy to stay on and sign another lease also. Like what you've heard? This is only the beginning! Take a peek and watch the video to see what this property has to offer. It's our 24/7 salesperson for you to get an excellent feel for the features and benefits of this apartment inside and out. 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 send us an email and it will be automatically sent to you. What buyers will love most: • Fully furnished • North and east facing • Light, bright, and airy • Corner unit with windows on two sides • The winter sun even comes right into the main bathroom in the morning • A large study with door that makes a great WFH space or use it for additional storage • Good privacy plus views of green into the large established trees • Large open plan design that is completely single level, no steps • Bedrooms are segregated for added privacy Apartment features: • Modern kitchen with stone benchtops, stainless steel appliances, cooktop, dishwasher, microwave, plus lots of cupboards for storage • Large bedrooms big enough for king size beds • Main bedroom has a spacious walk through robe plus an ensuite • Bedroom 2 has built in robes and is located next to the main bathroom • Ducted reverse cycle air conditioning (heating and cooling) • Separate laundry with dryer and washing machine • 2 side by side car spaces • Colourbond storage enclosure, big enough to fit a motorbike • The basement/carpark can be access from both Mort St and Northbourne Avenue making getting in and out easier • Double roller blinds, block outs and sheers • Double glazed windows • Good storage options The IQ Building: • 4 electric vehicle charging stations in the basement • Secure/restricted access to the building and all units • Key card access to the building plus each unit front door, no metal keys required • Pet friendly complex (subject to body corporate notification) • There is even Northside Veterinary Centre downstairs for your fur baby • Fast NBN (FTTP) Fibre to the Premises • Video intercom & lift access • Communal BBQ and herb garden • Solar panels to reduce running costs • Centralised gas hot water system • Energy and gas usage monitoring technology • Garbage shoot and recycling bins on each level • 17 visitor car parks inside security gate in the basement • Lots of on street parking along Mort Street, right out the front of the building • Bike storage • CCTV • Located near to the Elouera Street light rail stop on Northbourne Avenue • Short walk to the City bus interchange, ANU, and Canberra Centre shopping area • Directly opposite a wide range of cafes, restaurants, and amenity The Numbers: (approx.) • Internal living area: 98m2 (larger than most) • Balcony: 9m2 • Total space: 107m2 • Level 2 • Age of unit: 20 years old (built 2005) • Strata levies: $4,631 p.a. • General rates: $2,126 p.a. • Land tax (investors only): $2,707 p.a. • Water & sewerage rates: $670 p.a. • Currently rented for: $840/pw = $43,680/year till 5th July 2025 • The tenants are happy to sign another lease also • Potential to rent out a car space for $75/week or $3,900/year • EER: 6 stars • Strata manager: First Choice Strata • Units plan 4124 with 245 units over two buildings • Total admin/sinking fund balance: $2,260,426 as of 28/03/2025 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 have a solicitor that can provide a FREE contract review and section 17 if required • All offers are confidential & will not disclosed to other buyers for privacy purposes.  • A 5% deposit is acceptable

Features

2 bedrooms
2 bathrooms
2 carspaces
2 open car spaces
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 207/53 Mort Street is $621.25k.

Median value
$621.25k
Estimated value range
$410k - $860k
Median days on market
52
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 207/53 Mort Street

2025
Sold
$752,000
29 May 2025 by Mark Larmer, of Suburbia Real Estate - Mark Larmer & Aaron Lewis
2024
Sold
$735,000
Private Sale/Treaty on 17 Apr 2024 by Mark Larmer, of Independent Property Group North
2022
Rented
Undisclosed
Leased on 02 Jun 2022 by Luxe Residential Canberra

Happy sellers in Braddon

86%
86% 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 51 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 207/53 Mort Street, have been sold.

This represents a 17% increase in two-bedroom apartments sales when compared to the previous 12 months.

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