If you've been waiting for the right investment opportunity in one of Canberra's most dynamic and tightly held locations, this could be the one.
Welcome to 85/2 Torrens Street, Braddon – a beautifully presented, quality-built one-bedroom apartment offering exceptional value, a secure rental return of $500 per week, and an unbeatable lifestyle setting just moments from the heart of the City.
This apartment is part of a high-end, architecturally designed development built by Construction Control, one of Canberra's most respected builders. From the build quality to the finishes and thoughtful layout, everything about this property reflects careful planning and attention to detail.
Located on the quiet side of the building, at the rear of the complex, this residence offers elevated views across leafy Donaldson Street towards Mount Ainslie, with no other units looking in. It's incredibly peaceful and private, something rarely found in such a central urban setting.
With the Canberra Centre, light rail, ANU and the City bus interchange all within walking distance, this address is consistently in demand. And while this apartment would certainly suit a live-in owner down the track, it's perfectly positioned right now for an investor. The current tenant is not only paying $500 per week, but is also keen to stay on, offering you a seamless transition with income from day one.
Why investors will love it:
• Rented at $500/week with a fantastic tenant in place
• Fixed term tenancy in place until 5th of February 2026
• Low strata levies, helping to maximise yield
• Future scope for capital growth in one of Canberra's most sought-after urban precincts
• High quality construction by Construction Control, reducing ongoing maintenance
• Rare design: only one x 1-bedroom apartment per level
A closer look at 85/2 Torrens Street, Braddon:
• Quiet rear setting with no units looking in
• Stunning views across mature trees and rooftops to Mt Ainslie
• Filled with natural light, yet private and peaceful
• Living area with reverse cycle air conditioning
• Double-glazed windows throughout
• Modern kitchen with stone benchtops, built-in microwave and dishwasher
• Well-proportioned bedroom with built-in robe and a beautiful City outlook
• Stylish bathroom with excellent storage and oversized shower
• Linen cupboard and European-style laundry with washer/dryer included
• Instantaneous electric hot water system
• Secure basement car space plus storage enclosure
• FTTP NBN connected for high-speed internet
• Video intercom access, building CCTV, and two lifts servicing all levels
• Communal gardens and seating areas in the heart of the development
• Visitor parking in the basement
• Only 100 metres to the Canberra Centre and a short walk to Lonsdale Street's cafés, bars, and restaurants
• Easy access to ANU, light rail stop on Northbourne Avenue, and the City's transport hub
Essentials: (approx)
• Living area: 45m2
• Balcony: 4m2
• Rates: $1,976 p.a.
• Land tax (investors only): $2,303 p.a.
• Strata levies: $2,351 p.a.
• Currently tenanted: $500 per week (fixed term until 05/02/26)
• Year of construction: 2020
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