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Unit Details

Bedrooms  x 1   Bathrooms  1  

On Floor 5
Allocated Car Space
Body Corporate
Dishwasher
Family Room
Fully Furnished
Gym
Reverse Cycle a/c
Separate Toilet
Shower
Swimming Pool

Open For Inspection Times

None scheduled at this time.

Past Sales & Property Information

Property Info: 517/74-76 Northbourne Avenue
Street Info: Northbourne Avenue
Suburb Info: Braddon
Postcode Info: 2612

Braddon Profile

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

517/74 Northbourne Avenue, Braddon - James Court

$350,000+

63m2 of Living in the Inner City

Located on the 5th floor of the ‘James Court’ complex, this fantastic 1 bedroom unit offers excellent flexibility to invest and/or live in the heart of the city.  With fantastic views towards the city, and only a 2 minute walk to the Canberra Centre, North Quarter, bus interchange and more, rentability and convenience are key features that make this unit a great opportunity for the long term investor or convenience-minded live in owner.

As you enter the apartment you are drawn to the fantastic views which can be seen from every room. Large windows and doors span the entire city-side aspect of the unit and make views available from every room.  The kitchen & open plan living area open out to the covered balcony which can also be accessed by the main bedroom.

The main bedroom features a large robe with 3 large sliding mirrored doors; reverse cycle air conditioning provides comfort all year round. The apartment also has a separate toilet, enclosed laundry in the bathroom, and spa bath.

Basement parking provides you with an excellent parking spot bordering the City - & with shops, restaurants & various other services at your doorstep, you will definitely find the location a fantastic way to save time and money.

Added features which reflect modern residential developments include the onsite gym, pool, & sauna-  all within steps of your front door.

For the smart investor: this apartment can continue to be rented as part of the Medina/James Court serviced apartment scheme, where you will receive:

  • Guaranteed rental return
  • Zero vacancy rate
  • Most of the furniture and appliances are included in the sale

For a live in owner: there are many benefits to this location compared to ordinary city living:

  • 24/7 reception & security where staff will sign for your mail/packages, escort your guests to your door, call taxis, recommend services, places to eat & shop
  • There’s a rubbish shoot on every floor, so you won't forget to put your bin out & it never gets too full
  • Complimentary newspapers
  • Receive discounts on all Medina hotels for you, your family & friends
  • Various building maintenance

Features overview:

  • Spacious 63m2 of living
  • 2 minute walk to most conveniences of the city
  • Fantastic views
  • Most furniture & appliances are available as part of the sale
  • Basement parking with single allocated space
  • Open plan living area with views from every room
  • Covered balcony accessed by lounge & bedroom
  • Spacious bedroom with large mirrored robes
  • Reverse cycle air conditioning
  • Laundry
  • Segregated toilet
  • Onsite facilities include gym, pool & sauna
  • EER 6

If you're looking for value in today's market, this one must be added to your list.  Contact Eric today for more information or to arrange a private inspection.

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Agent Details

Independent Property Group Belconnen

P: 02 6209 4444
F: 02 6251 4102
E: belsales@independent.com.au

Suite 2, Swanson Plaza, 11-17 Swanson Court Belconnen ACT 2616
www.independent.com.au

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

Documents

What do I need to purchase this property?

Initial Requirements (assuming sale price of $350,000)

Stamp duty $12,250
Legal fees1 $1,500
Loan application fees2 $655
Minimum deposit (10%)2 $35,000
  Total initial payment:   $49,405

Monthly Repayments (assuming deposit of $35,000 and sale price of $350,000)2

Loan repayments on $315,000 borrowed at 6.95% over 30 years.

(Principal and Interest) Loan Repayment:   $2,085 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 3/1/12, last updated on 22/5/12, and has been viewed 6248 times. Please note the counter is not updated immediately.

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