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Back 64/84 Northbourne Avenue
Off Market

64/84 Northbourne Avenue

Braddon ACT 2612

1
1
1
Apartment
Last sold for $320,000
Natalie RobertsNatalie Roberts, last sold this property on 21 May 2025 after 56 days on market.

Overview

SERVICED APARTMENT IN THE HEART OF CANBERRA

FOR INVESTMENT USE ONLY This well-maintained, fully furnished one-bedroom property presents a fantastic opportunity for investors seeking a guaranteed rental income in the heart of one of Canberra's liveliest and most desirable neighbourhoods. The prime location ensures ultimate convenience for guests, with Braddon's cosmopolitan ambiance just steps away. A variety of attractions, including stylish cafes, delightful eateries, boutique shops, and cultural hotspots are all easily accessible within a short stroll. If you seek a cost-effective, hassle-free investment with assured rental income, your search ends here. This investment yields $22,730 per annum with the hotel lease expiring in 2028. Additionally, if you ever need the apartment for short-term accommodation, you can enjoy a discounted rate. Located on the 5th floor, this immaculate apartment features comfortable open-plan living, a spacious bedroom with room for a study area and an allocated car space. Enjoy the outdoor balcony and the nearby parks for various outdoor activities. The complex also offers a range of amenities, including a heated indoor pool, sauna, gym, restaurant, and bar. Key Features: -1 bedroom, bathroom serviced apartment -Currently under lease with the Mantra Hotel until October 2028 with further extension to 2033 -Set and forget investment with guaranteed rent -Fully furnished -Balcony views of Black Mountain and Telstra Tower -Complex has a pool, gym, sauna, restaurant and bar -Convenient location, quick stroll to cafes, restaurants and shopping -Split system heating and cooling Property Details: -50 square metres of living and 6 square metre balcony -Rent paid monthly: $22,730.40 pa -Strata fees: $631/quarter approx -Water: $186/quarter approx -Rates $456/quarter approx -Land tax $562/quarter approx Don't miss out on this amazing opportunity to secure a premium investment apartment in the heart of Braddon. Contact us today to arrange an inspection!

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 64/84 Northbourne Avenue is $450k.

Median value
$450k
Estimated value range
$320k - $555k
Median days on market
56
Estimated value trend
-3%
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 64/84 Northbourne Avenue

2025
Sold
$320,000
Private Sale/Treaty on 21 May 2025 by Natalie Roberts, of One Agency The Real Estate Shop

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 1 bedroom apartments in Braddon

In the last 12 months, 95 one-bedroom apartments similar to 64/84 Northbourne Avenue, have been sold.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Braddon

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Alex Wang

Sellers who recommend Alex Wang have praised them for being clear communication, local expert, responsive, reliable, supportive, well-prepared and dedicated

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  •  6 Sales in Braddon
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Aaron Lewis

Sellers who recommend Aaron Lewis have praised them for being clear communication and local expert

  •   4.9   (65 reviews)
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Paul Corazza

Sellers who recommend Paul Corazza have praised them for being clear communication, local expert, reliable, honest, supportive, great negotiation and well-prepared

  •   5   (131 reviews)
  •  5 Reviews in Braddon
  •  9 Sales in Braddon
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Andy Greenberger

Sellers who recommend Andy Greenberger have praised them for being clear communication, local expert, reliable, empathetic, responsive, friendly and honest

  •   5   (51 reviews)
  •  4 Reviews in Braddon
  •  4 Sales in Braddon
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