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Investment Property Details

Bedrooms  x 1   Bathrooms  1  

 
Body Corporate
Dishwasher
Fully Furnished
Gym
Indoor Swimming Pool
Off-street Parking
Reverse Cycle a/c
Sauna
Shower
Underground Parking

Vital Statistics

Block Size: 2090.3 m2 (approx)
Investment Property Size: 56 m2 (approx)
Unimproved Value: 2011 - $7,963,000

(UV is for entire block at 84 Northbourne Avenue)

Open For Inspection Times

None scheduled at this time.

Past Sales & Property Information

Property Info: 14/84 Northbourne Avenue
Street Info: Northbourne Avenue
Suburb Info: Braddon
Postcode Info: 2612

Taxes

Stamp Duty (Concessional): $20
Stamp Duty: $5,133

Block Information

Block: 16, Section: 19

Block Map

NOTE

Always verify block details with the agent or vendor. These maps are generated by cross referencing with our spatial information database, but this does not mean they they will always correspond with the listed property. Measurements are estimates only.

Maps are produced from ACTMAPi data, supplied by the ACT Planning & Land Authority. © ACT Gov. 2010.

What's Nearby

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Distance to nearest Post Office

BRADDON NEWSAGENCY & POST OFFICE - 0.2 km

Major Shopping Centre

CANBERRA CENTRE - 0.7 km

Hospital

CALVARY PRIVATE HOSPITAL - 4.6 km

Primary School

AINSLIE PRIMARY SCHOOL, AINSLIE - 0.8 km

High School

CAMPBELL HIGH SCHOOL, CAMPBELL - 1.6 km

College

MERICI COLLEGE - 1.0 km

University

AUSTRALIAN NATIONAL UNIVERSITY - 1.3 km

(approximate straight line distances)

Braddon Profile

Average age: 29 years
Houses: 13.8%
Townhouses: 20.4%
Flats & units: 65.6%
Other: 0.2%
Population: 3,575
     

14/84 Northbourne Avenue, Braddon - Mantra

$189,500

Under Offer

Lost patience with the stock market?

Superbly located only a short stroll from the City centre, this 2nd floor, fully furnished serviced apartment offers an outstanding investment opportunity for someone seeking a high return with low purchase price & operating costs.

Sunny, with a dwelling size of 56m2, this compelling property features an open plan living area, tasteful decor & furnishings, reverse cycle air conditioning, attractive & spacious bathroom with cupboard laundry, an ergonomic kitchen & roomy balcony to enjoy Canberra's fresh air.

Some of the many advantages include comparatively low body corporate fees, minimal land tax fees, nil vacancy to owners, managing group pays the bulk of the maintenance fees, as well as no management fees. 

A minimal hassle investment for owners with a superb return - $1312.76  per month or $15,753.12 pa. Leased until October 2013, it comes with 4 x 5 year options after that, providing long term security. The complex includes a gym, indoor pool, restaurant, bar, lounge areas, sauna, conference facilities & guest parking.

All operating costs, a copy of the lease & an explanation sheet is available upon request. The complex began operation in 1998 when construction was completed. Mortgage providers can also be recommended. Please note - investment only.

 


* An acceptable offer has been made but contracts have not yet exchanged.

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Agent Details

Independent Property Group Woden

P: 02 6209 5000
F: 02 6260 4622
E: wodsales@independent.com.au

46-50 Botany Street Phillip ACT 2606
www.independent.com.au

IPG (Woden) Pty Ltd
Licensed Agent
View all sales listings for this agency

Map & Location Information

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What do I need to purchase this property?

Initial Requirements (assuming sale price of $189,500)

Stamp duty $5,133
Legal fees1 $1,500
Loan application fees2 $655
Minimum deposit (10%)2 $18,950
  Total initial payment:   $26,238

Monthly Repayments (assuming deposit of $18,950 and sale price of $189,500)2

Loan repayments on $170,550 borrowed at 6.95% over 30 years.

(Principal and Interest) Loan Repayment:   $1,129 per month

Notes

  1. 1Legal fees are estimated and will vary from firm to firm.
  2. 2Includes application fee, mortgage legals and valuation for standard residential ACT property. Additional Land Titles Office fees are applicable for the registration and transfer of mortgage. The calculation given above is an example estimate only and may not correspond with what is commercially available.

Listing Age and Views

This listing was first displayed on 14/9/11, last updated on 17/5/12, and has been viewed 7851 times. Please note the counter is not updated immediately.

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