Offers over $285,000 invited

120/84 Northbourne Avenue, Braddon For Sale

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A fabulous investment opportunity!

An investment opportunity in the heart of Canberra with a current gross income of $1,887.02 per month could be just what your accountant ordered for the next addition to your investment portfolio!

This fully furnished and self-contained one bedroom apartment situated high on Level 9 in 'Mantra on Northbourne' could be the perfect "set and forget" investment. With an existing management arrangement with Mantra in place until 18 October 2023, the steady income that this pleasing opportunity provides will provide you with security and peace of mind.

Centrally located just seconds from the Canberra CBD, this fantastic opportunity is brilliantly located on the light rail route, and within easy walking distance to the Canberra Centre, and the many cafes, restaurants and bars located in the Braddon and City area - making Mantra a very popular location for visitors to Canberra to stay!

Guests will also enjoy the fantastic amenities at Mantra, including a heated indoor pool, sauna, gym, restaurant/bar, and undercover parking. Once the current management term has ended there is also the option of potentially renewing this or utilising the property yourself.

The spacious apartment is modern with comfortable soft furnishings, a queen size bed, a built-in wardrobe, and study desk. The kitchen is well-equipped with a fridge, microwave, cook top and dishwasher.

The bathroom features a bath/shower, vanity, plus a laundry with a washing machine and clothes dryer.

If you're seeking an astute investment with a steady return, then look no further than this fantastic opportunity!

Features include:

- Fabulous location in the very heart of Canberra
- Level 9 location
- Spacious and comfortable layout
- Fully furnished and equipped
- Separate Bedroom with built-in wardrobe
- Balcony access from bedroom
- Bathroom and Laundry
- LCD TV
- Air conditioning
- Secure underground parking
- Heated indoor pool
- Sauna
- Gym
- Restaurant and bar on-site
- Short walk to Braddon restaurants and cafes
- Minutes from the ANU
- Situated on the Light Rail route
- Allocated basement car parking space on title
- EER: 6 stars
- Rates: $404.00 per quarter (approx.)
- Land Tax: $490.58 per quarter (approx.)
- Strata Levies: $654.50 per quarter (approx.)
- Water: $171.58 per quarter (approx.)

With the End of Financial Year upon us, right now could be the perfect time to kick start your financial future!

Streams

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Inspections

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