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706/74 Northbourne Avenue

Braddon ACT 2612

2
2
1
Apartment
Currently for sale - view listing

Overview

Investment Opportunity at The Adina

For an inspection, please contact Will on 0477 733 593 or submit an enquiry. Positioned in the vibrant epicenter of Braddon, this impeccably appointed apartment offers an unparalleled investment opportunity within Canberra's thriving Inner City. Fully furnished and poised for immediate occupancy or rental, this property is an ideal acquisition for discerning investors or those seeking a refined urban lifestyle. Perched on the 7th floor, this expansive two-bedroom, two-bathroom apartment spans a generous 82m² of total living space. The well-designed open-plan living area is complemented by an 8m² balcony, perfect for outdoor relaxation or entertaining, ensuring maximum tenant appeal and rental yield. The apartment's prime location, mere steps from Braddon's dynamic retail precinct and the Canberra City, enhances its desirability. Lonsdale and Mort Streets are home to an array of high-end bars, cafes, restaurants, and boutique shops, solidifying this address as one of Canberra's most coveted. This property offers flexible investment options, whether for private rental, owner occupancy, or inclusion in the Medina Serviced Apartment program, ensuring consistent and reliable returns. In Summary: - Premier Braddon location with 82m² of sophisticated living space - Comprehensive renovation completed in 2016 - Two spacious bedrooms and two well-appointed bathrooms, including an ensuite - Contemporary open-plan living design - Dual-zone reverse cycle air conditioning - Fully furnished for immediate rental or occupancy - Secure underground basement parking - Access to premium amenities: heated outdoor swimming pool, spa, gym, sauna, and BBQ area - Strategic location within Braddon's burgeoning dining and retail precinct - Proximity to Canberra Centre, enhancing long-term capital growth potential Figure Summary (approx.) - License fee from Medina Property Services Pty Ltd $2,759.21 per month - Council Rates $1,892.50 per annum - Body Corporate $1,930 p/q - Water $200p/q - Year built: 1994

Features

2 bedrooms
2 bathrooms
1 carspace
Apartment

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 53 reviews in Braddon over the last 12 months.

Local market activity for 2 bedroom apartments in Braddon

In the last 12 months, 87 two-bedroom apartments similar to 706/74 Northbourne Avenue, have been sold.

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

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