1/7 Lowanna Street, Braddon ACT 2612

Auction On Site: 12 Noon 11th February

Outdoor space, location and modern style converge in this truly unique one bedroom apartment. This garden oasis is situated on a quiet tree-lined street on the fringe of the vibrant Braddon Precinct in a boutique complex of only 8 apartments.
As soon as you walk in, you are met with the stylish and modern design synonymous with contemporary inner city living. The north-east orientation and abundance of windows afforded by a corner apartment means natural light all year round.
New flooring and neutral colour tones throughout give a clean and modern look to the spacious apartment, accentuated by high ceilings and an open layout.
The sunny kitchen is supremely practical, complete with stone benchtops, an integrated microwave, modern cabinetry, and plenty of storage.
The king-sized bedroom has a built-in-robe with sliding doors, and is large enough to fit a great home office with a garden outlook and plenty of morning sun.
Fall in love with the possibilities provided by your own private 107m2 outdoor area, a truly unique offering for an apartment on the city's doorstep. Create the veggie garden you've always wanted, a haven for your furry friend or simply the entertaining space of your dreams.
Sheltered by established hedges for privacy, you can see the love that has gone into this charming garden featuring gorgeous Japanese Maples, a dwarf pomegranate tree and herbs, alongside a curated mix of native and exotic plants. The automatic watering system also means that you'll enjoy all the benefits of a garden, without the effort.
A partially covered verandah and recent deck extension provides a flowing indoor-outdoor connection, extending the living area and providing the perfect setting for enjoying a morning coffee or a summer evening BBQ.
The location is truly unbeatable - walking distance to the cafes, restaurants and bars in Braddon and the city centre, a short drive to both the Dickson precinct and Ainslie shops, a light rail stop just 600m away, as well as being close to nearby parks and the Ainslie bushland. This is inner north living at its finest.
For investors:
The current owner has found this chic light-filled apartment paired with its location makes it an incredibly desirable asset as an AirBnB, returning a gross average income of $3200 per month, an exceptional yield in today's market. Further information can be provided during the campaign.
A must to inspect.
Features:
2015 construction, presented as new
Ground floor apartment with north-east orientation
107m2 of wrap-around front and side outdoor area
Open plan living with direct access to private outdoor area including 9m2 deck
Kitchen with stone benchtops
Electric cooktop and under-bench oven
Integrated microwave
Bosch appliances
Floor to ceiling tiles in bathroom
Wall-hung vanity and spacious shower
European laundry with tumble dryer
Reverse cycle air-conditioning
King-sized bedroom with built-in-robe
Boutique complex of only 8 apartments
Largest apartment in complex
Largest courtyard in complex
Single secure car space and storage
Quiet tree-lined street
Private street access through courtyard gate
End apartment with maximum light and cross ventilation
Walk to Braddon Precinct and Civic
Close to light rail and multiple transport options
Short drive to Dickson Precinct and Ainslie Shops
Living area: 63m2
Courtyard: 107m2
Deck: 9m2
Verandah: 3m2
Car Space: 12m2
Basement Storage: 4m2
Total Residence: 189m2
Basement storage is 1.68m across x 2.1m deep x 2.5m high = 8.82m3

EER: 6
Rates: $569 pq
WS&S Rates: $171 pq
Body Corporate: $1,318 pq
Rent Appraisal: $500 - $530 per week
AirBnB Income Oct/Nov/Dec: $9383 pq
Land Tax: $1,212 pq (only payable if rented)

All figures and measurements are approximate