Back 409/53 Mort St
Off Market

409/53 Mort St

Braddon ACT 2612

1
1
1
Apartment
Last sold for $385,000

Overview

An investment in Braddon

This as-new one bedroom apartment, located on the fourth floor of IQ development, exudes quality and style and boasts one of the most desirable locations in Canberra. Leading the way in inner city living, the clever floor plan is the perfect marriage of both comfort and privacy, with generous open style living space and wall-to-wall storage. A sleek and stylish, well-appointed kitchen with SMEG stainless appliances, Caesarstone benchtops, ample serving space, and a dedicated pantry will suit the entertainer. A spacious but secluded balcony, which adjoins the generous living room with floor-to-ceiling glass sliding doors, provides the perfect spot for alfresco dining, a morning coffee, or quiet contemplation. Located adjacent to the heart of Canberra's CBD, this apartment is a short stroll to ANU, the Canberra Centre, major government departments, Reid CIT, National Convention Centre and Lake Burley Griffin. Enjoy the lifestyle provided by nearby Lonsdale Street, Garema Place, and New Acton precincts: the array of shopping, restaurants, bars, cafes, cinemas, theatres, and live music venues. Or spend your weekends jogging, walking, picnicking, or just relaxing in the manicured greenery of Haig and Glebe Parks. The prime location and fantastic rental yield of this apartment make it perfect for both the live in owner or astute investor. Current rental appraisal of $450/week. Key features and inclusions: - Wide entertainers' balcony with ample space for barbecues - Stone benchtop kitchen with quality stainless appliances - Spacious master bedroom with built in robe - Secure lift access, air conditioning and internal laundry - Common courtyard with landscaped gardens and shaded seating - Ideal for investors, first homebuyers or city professional - Convenient basement security parking plus a storage cage - Close to bus stops, new tramline and short walk to the city Block Size: 2090 m2 Living Size: 55 m2 Body Corporate: $670 approx / quarter Land tax: $436.57 approx / quarter Rates: $327.50 approx / quarter UV: EER:6 Inspection by appointment only, please call Alexandra Rogers on 0457 586 260 to view this property.

Features

1 bedroom
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Braddon over the last 12 months, the estimated median property value of 409/53 Mort St is $447.5k.

Median value
$447.5k
Estimated value range
$330k - $555k
Median days on market
51
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 409/53 Mort St

2018
Sold
$385,000
Private Sale/Treaty on 10 Oct 2018
2017
Rented
Undisclosed
Leased on 27 Apr 2017 by ARCHER

Happy sellers in Braddon

75%
75% 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 1 bedroom apartments in Braddon

In the last 12 months, 96 one-bedroom apartments similar to 409/53 Mort St, have been sold.

This represents a 9% increase in one-bedroom apartments sales when compared to the previous 12 months.

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