SoldMay 21, 2025

64/84 Northbourne Avenue, Braddon, ACT, 2612

$320,000

1
1
1

Apartment

30+ days on the market

Sold: May 21, 2025

What's around 64/84 Northbourne Avenue

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!

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