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Excellent opportunity for long term investment., Braddon$500,000
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For Saleapartment

Excellent opportunity for long term investment.

Braddon, ACT 2612, Australia
Approximate location shown. Contact agent for exact address.
$500,000
2 bed 1 bath 1 car74 m²

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About this property

Featuring versatile design and spacious open plan kitchen/living/dining area, this well-presented unit in the heart of the dynamic and sought after Braddon district also offers sustainable solutions, plenty of storage, smart technologies and dual access to a private balcony. Accommodation is provided by a large main bedroom with a built in robe, and a second bedroom / study that also features built in storage. Other features include reverse cycle heating and cooling, a large cloak cupboard / linen press, and secure car parking plus a storage cage. A private balcony, in addition to the shared central courtyard with picnic tables, barbecue facilities and mature garden beds, provides a beautiful space to enjoy a book in the sun or to entertain family and friends. Focused on sustainability, the IQ apartments features smart technologies designed to help reduce energy costs, including real time energy monitoring and double glazed windows. The IQ building also features solar panels, electric car chargers and comprehensive security with restricted access, key card door entry and security cameras throughout the building. The IQ building is directly adjacent to the Elouera Street light rail stop on Northbourne Avenue, a short walk to many cafes, bars and restaurants and amenities including the Canberra Centre, the Australian National University, the Parliamentary triangle and just a 15-minute drive to the Canberra airport. A healthy lifestyle awaits with the riding / walking trails, parks and gardens that surround Lake Burley Griffin at your doorstep. Call to arrange an inspection today. Key features - Video Intercom system Secure access - Smart technology Energy Monitoring System - Double glazed windows - Extensive storage - European laundry - NBN ready (FTTP) - Secure parking - Basement storage cage - Ample visitor parking in basement - Electric vehicle charging stations - Common gardens and BBQ area Currently rented at $560 per week, fixed lease agreement expires 14 November 2028 EER: 6.0 Rates: $1,922 pa (approx) Land Tax: $2,401 pa (approx) Living Area: 74m² Body Corporate: $834 pq (approx. for the period 27/09/2024 - 26/09/2025) Nearby - Ainslie Primary School - Campbell High School - Dickson College - Australian National University - Braddon dining precinct - The Canberra Centre

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Parking
1
Land Area
74 m²
Listed
3 months ago

Repayment calculator

$2,424/month
$1,212 /fortnight
Loan $400,000 at 6.10% over 30 years

Upfront costs

Deposit$100,000
Stamp duty$8,954
Conveyancing (est.)$2,000
Total upfront$110,954
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.

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Neighbourhood

Living in Braddon

This 2-bedroom apartment in Braddon, ACT 2612 sits within reach of public transport, local shops and nearby schools. It is listed 0% above the $499,000 median of 68 comparable apartmentswithin 5 km.

Schools near Braddon

  • Ainslie Schoolprimary · K-6 · CoEd
  • Merici Collegesecondary · 7-12 · Girls

What's nearby

  • Fawkner Street after Elouera Street (bus)214 m away
  • Braddon Service Centre102 m away
  • Unnamed647 m away
  • Unnamed647 m away
  • Unnamed659 m away

Braddon at a glance

Full suburb profile
Population
6,383
Median age
30
Household income
$2,259/wk
Median rent
$495/wk
Median mortgage
$1,803/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Braddon price trend

Median sold · Unit 2 bed

Compound growth +0.3% / yr over 4 yrs

$615kcurrent median

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Price history

Price history

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