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Back 708/1 Elouera Street
Off Market

708/1 Elouera Street

Braddon ACT 2612

2
2
1
70 m²
Apartment
Last sold for $687,500
Grahame OBrienGrahame OBrien, last sold this property on 20 April 2022 after 29 days on market.

Overview

High level fully furnished executive apartment located in the heart of the vibrant Braddon precinct

New to the market is this exciting 2 bedroom, 2 bathroom apartment located high on level 7 with views over Turner, Black Mountain Tower & beyond. The apartment is fully furnished & currently rented through airbnb. The return has averaged approx. $1,000/week over the past 4 months. Apartment 708 is an efficient layout that offers separated bedrooms, ensuite the main bedroom, conveniently located bathroom & no wasted space with corridors. The kitchen also includes a breakfast bar, dishwasher & stone benchtops. This apartment also only shares a wall with one neighbour great for privacy. "Midnight" is an exciting development located within the exciting Braddon precinct where there are endless bars, restaurants, cafes, arty shops & employment options. "Midnight" also offers mixed use facilities onsite including bar, restaurant, boutique businesses, indoor pool, gym & sauna. There is also a separate hotel within the building which means there is an exciting array of live-in owners, tenants & short term visitors making this an exciting place to live. This excellent apartment would suit either an investor looking for high returns or a live-in buyer that wants a great place to live & in a highly convenient location. Don't miss seeing this great value property. Features: - Easy walking distance to CBD with Elouera Street light rail stop outside the building - Experience fine dining by Canberra's best restaurants - Modern and sleek SMEG appliances - LED downlights - Main bedroom and living space include floor to ceiling windows allowing natural light to enhance the space - Double glazed sliding doors with access to balcony - European styled laundry - Intercom access to your apartment - Basement parking and storage - Lift and security access - Indoor gym - Heated 25m lap pool and sauna - Allocated car space with private and public underground parking - Internal garden atrium & outdoor entertaining area Essentials: EER: 6 Living area: 70m2 Balcony size: 8m2 Basement car park & storage Rates: $1,906.38 p.a (Approx.) Land tax (investors only): $2,207.45 p.a (Approx.) Levies: $4,274.16 Strata company: Raine&Horne Units Plan number: 4769 Age: 3 years (Built 2019) Expected Rental return: $630/week to $650/week (Long term) Currently rented short term airbnb (No fixed lease)

Features

2 bedrooms
2 bathrooms
1 carspace
70 m² floor area
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 708/1 Elouera Street is $610k.

Median value
$610k
Estimated value range
$375k - $840k
Median days on market
49
Estimated value trend
-1%
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 708/1 Elouera Street

2024
Rented
Undisclosed
Leased on 27 Oct 2024 by Ray White Canberra
2022
Rented
Undisclosed
Leased on 24 Jul 2022 by Independent Property Group North
2022
Rented
Undisclosed
Leased on 22 May 2022 by Independent Property Group North

Happy sellers in Braddon

60%
60% 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 52 reviews in Braddon over the last 12 months.

Local market activity for 2 bedroom apartments in Braddon

In the last 12 months, 84 two-bedroom apartments similar to 708/1 Elouera Street, have been sold.

This represents a 24% increase in two-bedroom apartments sales when compared to the previous 12 months.

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, great negotiation and well-prepared

  •   5   (316 reviews)
  •  6 Reviews in Braddon
  •  7 Sales in Braddon
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Samantha Linsdell

Sellers who recommend Samantha Linsdell have praised them for being clear communication, local expert, responsive, friendly, supportive, well-prepared and reliable

  •   5   (293 reviews)
  •  6 Reviews in Braddon
  •  8 Sales in Braddon
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Aaron Lewis

Sellers who recommend Aaron Lewis have praised them for being clear communication, local expert, well-prepared, dedicated, honest, reliable and responsive

  •   4.9   (97 reviews)
  •  5 Reviews in Braddon
  •  1 Sale in Braddon
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Annelies Bindley

Annelies Bindley is a recommended agent for Braddon.  They have 7 local sales and collected 3 local reviews across the last 12 months.

  •   5   (59 reviews)
  •  3 Reviews in Braddon
  •  7 Sales in Braddon
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