56/77 Northbourne Avenue Turner

ACT 2612
Sold on 12th May 2022 Sold $422,000
Watch Video Brochure
About this property

Imagine being able to walk everywhere, well when your address is 77 Northbourne Avenue walking is your new reality! Buyers price guide: From $400,000

Perched on level 3 this 1 bedroom is located in arguably the most convenient location in the CBD in 'The Avenue' complex, within a short walk to the Canberra Centre, North Quarter, the light rail, the bus interchange, ANU & much more - perfect for live in owners wanting a central location, plus it's in an ideal area for attracting tenants if you are an investor. The complex also includes 2 outdoor pools & barbecue facilities in the landscaped internal courtyard.

Currently rented at $439 per week on a month to month lease to a house-proud tenant, this apartment will suit both investors and live in owners. Like what you've heard? This is only the beginning! This picture-perfect apartment is ready to welcome its new owners, take a peek and watch the video to see what this property has to offer.

Don't have a car or maybe you're thinking about selling your current car? The location is that good that the tenant is renting out the car space for $70/week = $3,600/year. What would you do with the extra cash every year?

To get a copy of the digital brochure containing an explanation of our friendly sales campaign and the full contract, please send us an email and note your full name and mobile number and it will be automatically sent to you immediately.

Features Overview
-Pre-auction offers above the advertised guide price will be considered  
-Flexible settlement options available
-Open plan living with elevated outlook
-Located on the 3rd floor with a private outlook into the established trees
-1 allocated car space, plus a lockable storage cage in basement, plus a separate enclosed storage room located right next to your front door. A unique and practical storage space, see the video for more detail.

Apartment features:
-Spacious kitchen with stone benches and stainless steel kitchen appliances including dishwasher
-Bathroom with modern fittings, neutral colours & full height tiling
-Reverse cycle heating & cooling in living area and bedroom 
-Large bedroom with mirrored built in robes
-Space saver laundry with dryer

'The Avenue' development includes:
-On site building manager
-22 basement visitor parks
-Security intercom for guests
-2 outdoor pools & BBQ facilities
-Numerous security cameras throughout development
-Lift access
-Rubbish chute
-NBN - Fibre to the building
-Pets welcome (subject to body corporate notification & approval)

The Numbers (approx):
-Living area: 61m²
-Balcony 9m2
-Currently rented at $439/week on a month to month basis
-The tenant is also renting out the car space for $70/week = $3,600/year.
- The tenant will be vacating the property on the 31st May.
-EER: 6 stars
-Age: 17 years (Built 2005)
-Strata levies: $2,907 p.a.
-General rates: $1,301.37
-Water & sewerage rates: $670 p.a.
-Land tax (investors only): $1,450.13
-Admin fund for complex: $139,644
-Sinking fund for complex: $816,089
-Total funds held by owner's corporation: $955,734
-Level 3 in the building
-239 units in total at 'The Avenue'
-Developer was Amalgamated Property Group
-Builder was Hindmarsh

To Help Buyers
-We can refer a solicitor who can review the contract prior to auction, for FREE.
-The same solicitor can provide a free Section 17 if you wish to submit a pre-auction offer.
-Written & verbal buyer price guides updated throughout the campaign.
-Help negotiating amendments to the contract such as settlement dates or exchange deposits.
-Personalised bidding strategy meeting to help confirm your bidding tactics on the day.
-Free valuations to help you establish your current equity in any other properties you.

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Jason El-Khoury
Jason El-Khoury
Licensed Agent
0431 228 046