Over the last few years, Braddon has transformed into a thriving cosmopolitan centre with its buzzing cafes, restaurants and bar culture along with its popular boutique shops that some might say rivals living in Soho!
This combined with its very close walking proximity to the City Centre and short walk to the ANU, makes the apartments in Braddon popular for both students and young professionals.
Such demand represents a great opportunity for an investor to own an inner city apartment with low vacancies. The current tenants are near the end of their lease and paying $480 per week and are happy to re-sign. Current rents for one bedrooms in Mort St and Northbourne Avenue are fetching between $500 to $550 per week.
This apartment is located in the sought after Phoenix Apartment. The complex is well maintained and boasts a huge gym with shower facilities, a huge pool, a BBQ area and is one of the closest apartments to the city centre.
Located on the second floor, this two bedroom apartment has a fantastic energy efficiency rating of 6 and features:
Timber open plan kitchen
Granite benchtops with breakfast bar area
Stainless steel oven, hotplates and rangehood
Stainless steel dishwasher
Good sized living/meals area
Split system airconditioning
Tiled balcony with current views of Mount Taylor
Own laundry facillities
1 basement car park
Secure access to building and carpark
Lockable storage cage next to car spot
1 minute walk to tram station
Surrounded by plenty of restaurants and cafes
Walking distance to Australian National University
A short stroll or bike ride to the lake
Walking distance to city offices
Close to parliamentary triangle and government offices
Complex features include:
Huge gym with shower facilities
Secure access from both Northbourne Avenue and Mort St
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