Easy Care Living in Walk to Everywhere Location

Facing east (away from Northbourne Ave) and Located in the heart of Canberra this premium apartment incorporates inner city living as well as a sense of privacy – something many wish for but few possess.

This apartment features 1 bedroom + 1 study (both with built ins). The large, open plan design and large all-weather terrace/balcony leading from the spacious living area and master bedroom connects the apartment with the outdoors and primes this space for relaxing and entertaining – a rarity among smaller city apartments. The expansive, tiled terrace is perfect for that Saturday afternoon BBQ with friends or simply to unwind with a glass of wine after work!

The modern kitchen is fitted with high quality features including SMEG appliances, chrome tapware, stone bench tops and abundant storage with soft closures. A European laundry with dryer and a pristine bathroom with duel towel rails highlight the functional use of space in this as new apartment.

This apartment is east facing: comfortable and energy efficient with an EER of 6.0 requiring minimal energy to maintain an ambient temperature year-round. Double glazing on all windows and sound proofing in the walls creates a serenely quiet environment on the door step of bustling Lonsdale Street.

The IQ apartments draw their name from the smart technologies that the discerning buyer is looking for including Fibre NBN connection, SMATV system, Pay/FTA TV outlets, real time energy monitoring, video intercom and programmable ducted reverse cycle air conditioning (with compressor on the roof not the balcony). And as an “IQ” development, the building has a large lobby, a shared garden and BBQ area, as well as comprehensive security with restricted access, security cameras and reliable, patrolled visitor parking. The body corporate team are effective communicators and are committed to representing the owners.

In the basement, a designated car park is complemented by an easily accessible lockup storage space with plenty of room for boxes, bikes etc.

The benefits of this apartment will continue to grow, as its value appreciates in the future. The IQ building is directly adjacent to a light rail stop on Northbourne Avenue, a stone’s throw from Lonsdale Street’s cafes, bars and restaurants, a short walk to many amenities including the Canberra Centre, the Australian National University, the City Library and Lake Burley Griffin and just a 15-minute drive to the Canberra airport.

In considering the features of this apartment, it is hard to find a box left unticked for an owner occupier or investor. This stylish modern complex promotes ultra-convenient living at its best.

Currently tenanted at $480/week (6% rental yield).

To view this property please contact Alex on 0402 169 387 to arrange a private inspection.

KEY FEATURES

• Sun-drenched balcony with access from the living room and bedroom
• Extensive built ins
• Double glazing
• Reverse cycle programmable ducted air conditioning
• SMEG appliances including ceramic touch control cook-top, range-hood, fan-forced oven, dishwasher & microwave
• Stone kitchen benches
• Quality carpets and tiles throughout
• European style laundry with clothes dryer
• Security system and smart technology
• Fibre NBN connection, SMATV system and Pay/FTA TV outlets
• Privacy and block out blinds
• Secure parking for one car plus storage space
• Easy access to bus routes and walking distance to the trendy and vibrant Braddon dining precinct

Property Details

Block: 2
Section: 18
Land: 2,090m2
Living: 65.6m2
Balcony: 19.1m2
UV: $17,250,000 (2018)
Rates: $377/quarter
Land Tax: $492/quarter
Body Corp: $753/quarter
EER: 6