214/42 Mort Street, Braddon, ACT 2612

Investment Opportunity in Braddon – Modern 2-Bed, 2-Bath, 2-Car Apartment

$710,000

Description

To enquire, please email or call 1300 815 051 and enter code 7038

Secure your future with this exceptional investment opportunity in the heart of Braddon, one of Canberra’s most dynamic and sought-after suburbs. This modern 2-bedroom, 2-bathroom apartment not only offers immediate rental income but also strong long-term capital growth potential, making it a perfect addition to any investment portfolio.

Key Features:
• Prime Braddon Location: Situated on Mort Street, in the very center of the vibrant Braddon precinct, this apartment places you at the heart of Canberra’s thriving urban lifestyle. Braddon is known for its eclectic mix of trendy cafes, boutique bars, award-winning restaurants, and unique retail outlets, as well as its close proximity to the CBD.
• Bright & Functional Layout: This apartment offers a light-filled, open-plan living area that seamlessly flows onto a generous courtyard, perfect for both relaxing and entertaining.
• Modern Kitchen: The functional kitchen is equipped with high-quality appliances, ample storage, and a sleek design, ideal for those who appreciate a well-designed space without compromising on style.
• Two Generously Sized Bedrooms: The apartment features two well-sized bedrooms, both with built-in wardrobes. The master bedroom includes a private ensuite for added convenience and comfort.
• Two Stylish Bathrooms: Both bathrooms are designed with modern fixtures and finishes, offering practicality and style.
• Two secure underground car spaces: With two tandem underground parking spots, this apartment offers valuable convenience, a rare find in Braddon’s busy streets.
• Secure Tenants Until December 2025: Enjoy the peace of mind that comes with secure, long-term rental income from reliable tenants, who are committed to the property until December 2025.
• Excellent Investment Potential: Braddon continues to experience strong demand for rental properties, with its mix of urban appeal, proximity to the CBD, and growing infrastructure. The apartment offers solid rental returns, along with excellent long-term growth prospects.

Why Invest in Braddon?
• Central Location: Only a short walk or bike ride to the Canberra City Centre, the Australian National University (ANU), and major government offices, Braddon is a much sought-after location for professionals, students, and anyone seeking easy access to Canberra’s amenities and services.
• Vibrant Community: The suburb has a strong sense of community, with a growing number of green spaces, local parks, and cultural attractions. Braddon is also known for its mix of heritage architecture and contemporary developments, making it an exciting place to live and invest in.
• Proximity to Public Transport: Excellent public transport links make commuting a breeze, with regular buses and easy access to Canberra’s cycling paths and light rail.

This property is an outstanding opportunity for investors seeking a premium apartment in a high-demand suburb with consistent rental returns. With tenants in place until December 2025, this apartment offers a secure and hassle-free investment, while the long-term growth prospects of Braddon make it an intelligent choice for those looking to build wealth in Canberra’s flourishing property market.

Contact us today to arrange an inspection and secure this exciting investment opportunity in one of Canberra's most popular suburbs!

Current rent: $1400 per fortnight

Property expenses:
Rates: $480 per quarter
Land tax: $630 per quarter
Strata fees: $1590 per quarter

To enquire, please email or call 1300 815 051 and enter code 7038

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To learn more, please visit: Property Now