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31/40 Mort Street

Braddon, ACT 2612, Australia
$499,000
1 bed 1 bath 1 car57m²

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Area Price Guide
$469,060$528,940

Indicative price guide range

🏘️
83
Comparable
📊
$499,000
Area median
⚖️
0%
vs median
📐
$8,754
Per m²
📏
57 m²
Land
🗓️
1 week ago
Listed

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About this property

Positioned within the highly sought after The Gallery development, this stylish one-bedroom apartment offers the perfect balance of vibrant inner city living and peaceful privacy. Located just moments from Braddon's renowned dining and entertainment precinct, you'll enjoy all the convenience of city life while being tucked away from the hustle and bustle. Situated on the fifth floor, the apartment welcomes you with a unique private courtyard, creating an immediate sense of exclusivity. The spacious master bedroom overlooks the tranquil internal atrium and features a generous walk-in robe, flowing seamlessly into a modern bathroom appointed with quality fixtures and finishes. Further inside, the thoughtfully designed floorplan opens into a light-filled living and dining area, complemented by low maintenance tiled flooring. The well appointed kitchen is a standout feature, offering an expansive full length benchtop, a separate pantry, and plenty of preparation space for home cooks and entertainers alike. The open-plan living area extends effortlessly onto a private balcony, where you can entertain guests, relax with a morning coffee, or simply enjoy views towards Lonsdale Street and Mount Ainslie. Set just one street back from Braddon's vibrant Lonsdale Street, this apartment presents an exceptional opportunity for first home buyers, downsizers, investors, or those seeking a turnkey short term accommodation option. Currently achieving approximately $560 per week through an Airbnb company, it offers excellent investment potential. Leave the car at home and take advantage of Braddon's award-winning restaurants, cafes, boutiques, and convenient access to the city centre via a short walk or tram ride. Property Features Private complex foyer and separate atrium entrance Located on Level 5 of The Gallery development Exclusive courtyard entry to the apartment Spacious bedroom overlooking the peaceful internal atrium Generous walk-in robe providing excellent storage Contemporary bathroom with premium fixtures and finishes European-style laundry Light filled open plan living and dining area Large kitchen with expansive full length benchtop Separate pantry for additional storage Seamless flow from living area to private balcony Balcony with views towards Lonsdale Street and Mount Ainslie A reverse-cycle split system, providing heating and cooling Corner car space in the basement Secure storage cage conveniently located behind the car space Designed by award-winning Cox Architecture Boutique development completed by Blackett Developments in 2019 Proven Airbnb investment opportunity currently returning approximately $560 per week through a third-party A premium lifestyle opportunity in one of Canberra's most desirable suburbs, this apartment delivers convenience, comfort, and strong investment appeal in equal measure. EER: 6 Living Size: 57m2 plus 7m2 courtyard & 8m2 balcony (approx.) Body Corporate Fees: $1,014 p.q (approx.) Land Rates: $1,047 p.q (approx.) Land Tax: $633 p.q (approx. only if rented out) Built: 2018 Body Corporate Manager: Vantage Strata Built by: Blackett Developments Designed by: Cox Architecture

Property Features

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    Repayment calculator

    $2,419/month
    $1,210 /fortnight
    Loan $399,200 at 6.10% over 30 years

    Upfront costs

    Deposit$99,800
    Stamp duty$8,920
    Conveyancing (est.)$2,000
    Total upfront$110,720
    Verify with ACT revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    apartment
    Listing Type
    For Sale
    Bedrooms
    1
    Bathrooms
    1
    Parking
    1
    Land Area
    57m²
    Listed
    1 week ago

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