107/74 Northbourne Avenue BRADDON

ACT 2612
Sold on 20th January 2018 Contact Agent
About this property

Move in, or rent for $724 p.w. with the flexibility of Airbnb

This unit offers live in owners & investors many options both now & in the future.

Live in owners:

Buyers can move in & live in the unit as normal, or if you need a unit periodically you can continue renting it through Airbnb & simply block out the dates you need it - simple.

Investors look at these numbers:

The average income through Airbnb has been: $37,680/year, that's $3,140/month or $724/week.
This gives you a gross rental yield of nearly 9%.
Investors can also look to rent the unit through a property manager or potentially through Medina's serviced apartment scheme.

Location & the building:

Braddon is already booming & is the place to be thanks to vast array of great cafes, restaurants & bars, & it's only a short walk to the Canberra Centre, the ANU & much more. To help modernise the building the following major costs have already been paid for & invested in by the current owners; exterior painting, the replacement of all 3 lifts & an update of the pool area.

Features overview:

1st floor apartment
Located away from Northbourne avenue
End unit with windows on 2 sides
Double glazed windows to bedrooms
East facing with a leafy outlook into the established trees
84m2 living area plus 8m2 balcony approx..
Covered balcony - accessed from living & main bedroom
Open plan living area & large kitchen
Both bedrooms have mirrored sliding door robes
NBN to the building
Reverse-cycle air conditioning units in main bedroom & living area
Large spa bath
Fully furnished or vacant, buyers can choose
Single allocated car space
The upcoming light rail to be on your door stop
Numerous security cameras throughout the building
Residential lift access direct from basement & foyer to your level
Onsite facilities include gym, pool & sauna, & rubbish chute on every floor

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Mark Larmer
Mark Larmer
Principal, Licensed Agent & Auctioneer, Partner
0403 215 246