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107/74 Northbourne Avenue - BRADDON 

$419,000
EER 6.0
CAR 1
BATH 2
BED 2
Agent:
Mark Larmer
P    02 6209 4000
M   0403 215 246

Move in, or rent for $724/week 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