504/24 Lonsdale Street Braddon

ACT 2612
Sold on 14th October 2021 Sold $625,000
Watch Video Brochure
About this property

Penthouse living with stunning elevated outlook to Mt Ainslie

Price Guide: From $555,000

Located in the vibrant & rapidly-evolving suburb of Braddon, 'Mode 3' is in a neighbourhood that offers residents a vast array of restaurants, cafes, shops & nightlife destinations and is a mere 5 minutes' walk to the Canberra CBD. This apartment is a sure winner for anyone looking to enjoy all the benefits of the Inner North whether you are looking for a home or a sharp investment.

The interior encapsulates a modern kitchen with stone bench tops, soft close cabinetry, stainless steel appliances, recessed sink and a dishwasher. The large main bedroom contains an entire wall of built in robes & opens out to the huge balcony. The second bedroom can also act as a study or even a separate living area & can be enclosed away from the living room with glass cavity sliding door.

A very special feature is the HUGE outdoor terrace with uninterrupted views towards Mount Ainslie, and this acts as an extension to your living spaces. The apartment is also private with no prying eyes looking in (being on the top floor of the development). Extra storage is on offer with the apartment's lockable storage room in the basement where you will also find an allocated car park in a secure zone. There is lift access direct from the basement to your front door (with only one other apartment at this level) so no need to brave the elements when going to, or returning from, work.

'Mode 3' is perfectly positioned to offer all the lifestyle benefits of such a central location, whilst its modern design and elevated position will ensure its continued appeal & desirability for live-in owners & investors alike.

Please note, private inspections can only be offered to qualified buyers who have pre-approved finances in place and are ready, willing and able to purchase now. The 1st step is to request the digital brochure via email which will contain the full marketing contract and once you have reviewed this, if you wish to then book a private showing please reply to the email we send you with a preferred day/time and we will allocate you a 15 min viewing slot in the coming days. A maximum of two members from the same household can attend and face masks are compulsory.

Features Overview:
-Top floor, penthouse level living, (6 stories high), with unrestricted, elevated views towards Mount Ainslie
-Private, 37m2 terrace with timber decking squares, opening off the living area & main bedroom
-Large main bedroom with full wall of sliding door, built in robes (1 robe is mirrored) and sliding door access directly to the terrace
-The second bedroom can also act as a cinema room, study or even a formal dining room
-Kitchen has stone benchtops, 1.5 bowl sink, soft close cabinetry, SMEG stainless steel oven, new SMEG induction cooktop, a dishwasher and a funky painted black board wall.
-NBN connected
-Dual window treatments in living and main bedroom, both of which are remote activated
-Double glazed windows and doors throughout
-Ducted heating and cooling, plus a wall mounted reverse cycle unit in main bedroom
-100% wool carpets throughout (3yrs old)
-Bathroom has shower, vanity, toilet, full height wall tiling plus a heat lamp
-Separate laundry room with combined washer/dryer included
-Gas hot water system
-Restricted access basement parking with single allocated space
-Lockable, allocated storage enclosure in basement with security cameras for extra protection
-Vacant possession on offer and flexible settlement options also available if you have another property you want, or need, to sell

The numbers:
Living area: 62m2
Size of terrace: 37m2
Level in building: 6 stories (1 commercial and 5 residential)
Age of unit: 8 years approx. (built 2013)
General Rates: $2,430 p.a.
Water & sewerage rates: $670 p.a.
Land Tax (investors only): $2,306 p.a.
Strata levies: $4,287 p.a.
Rental estimate: 480/wk
Energy efficiency rating (EER) of 6 stars
Name of development: Mode 3
Number of units in development: 183
Builder/developer: Construction Control (local company)
Strata manager: Grady Strata and Facilities - phone 62511214
Units plan number: 3878
Admin fund for development: $140,119
Sinking fund for development: $506,997

Mode 3 building:
-Numerous undercover car parks for visitors with security cameras around the complex
-Lift from basement and ground level opens to a private foyer shared with only 1 other unit
-Only 4 units in total are located on the top level in this development
-Pet-friendly development (subject to body corporate notification)
-Fantastic restaurants literally in the building including well known EightySix, Debacle and Frugii plus 200m walk to the Canberra Centre and its wealth of social, retail and business options

To help buyers, we offer the following as part of our Friendly Auction System:
-Written and verbal buyer price guides, which are updated throughout the campaign.
-A digital brochure with everything to consider a purchase, including the full contract and bidding strategy video (request this email).
-We refer a solicitor who can review the contract prior to auction for FREE.
-Same solicitor can provide a FREE Section 17 Certificate to waiver your cooling off if you want to submit a pre-auction offer.
-5% deposit pre-approved. Payable via eft (no need to arrange a bank cheque).
-Help negotiating terms such as settlement dates or exchange deposits to suit the buyer.
-Free valuations on your current property(s) to help establish your equity.
-Personalised bidding strategy meeting with the auctioneer prior to auction to establish bidding tactics and discuss the online auction process.

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Mark Larmer
Mark Larmer
Principal, Licensed Agent & Auctioneer, Partner
0403 215 246
Aaron Lewis
Aaron Lewis
Licensed Agent & Auctioneer, Partner
02 6209 1712