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Overview
Situated within the established James Court complex in Braddon, this generously proportioned two-bedroom apartment exemplifies a pragmatic investment with flexible ownership options in Canberra's vibrant inner-city setting.
The apartment's expansive layout surpasses typical modern two-bedroom inner-city designs, providing a spacious open-plan living and dining area that seamlessly extends to a west-facing balcony, inviting abundant natural light and outdoor relaxation. The kitchen, thoughtfully arranged for functionality, offers ample bench space and cabinetry to support culinary activities and storage needs.
Accommodation features two sizeable bedrooms equipped with built-in robes for efficient organization, including a master suite with a private ensuite bathroom, complemented by a second well-appointed bathroom with integrated laundry facilities. Completing the offering is a secure basement parking space, adding convenience and security to daily living.
This property appeals particularly to investors seeking a hands-off income stream, as it is presently leased through the Adina Hotel accommodation scheme, yielding an attractive monthly return. Alternatively, owner-occupiers may withdraw the apartment from the rental scheme to enjoy the residence personally or opt for private or short-term rentals, such as Airbnb, for added flexibility.
The location is exceptional, boasting immediate access to the light rail station and proximity to Braddon’s acclaimed Lonsdale Street with its diverse dining and entertainment venues. Further convenience is provided by easy walks to Canberra Centre, the central business district, and the Australian National University, enhancing lifestyle and connectivity.
- Spacious two-bedroom, two-bathroom apartment with ample living and storage space
- Flexible ownership with options for owner occupation or continued hotel lease rental
- Secure basement car space included
- Convenient location adjacent to light rail and key Canberra amenities
- Access to residents’ facilities including gym, pool, sauna, and BBQ areas within the James Court complex
Completed in 1994 and featuring 79 square meters of living space plus a 7 square meter balcony, this apartment represents a solid opportunity blending investment income with future personal use in a well-managed complex offering modern conveniences and a pet-friendly policy.
Local Market Insights
In Braddon, Quiet Listings observed 12 new apartments entering the market over the last 30 days, down from 15 during the previous 30-day period, with an average advertised asking price of $519,250. The property type mix of listed properties is predominantly Apartments at 57%, followed by houses (13%), and units (9%). The most active agency for apartments in the Braddon area is currently Ray White, representing 17% of new listings, followed by Marq Property with 17%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Market Insights for Braddon ACT 2612
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