Perched on the top floor of the sought-after "Midnight" development, this stunning two-bedroom apartment offers breathtaking sunset views and a prime location in the heart of Braddon. Just steps from Canberra's best bars, cafés, and restaurants, as well as the Canberra Centre and the light rail, this is city living at its finest.
Designed for both comfort and style, the apartment features a spacious and practical floor plan with open-plan living and dining areas. The sleek, modern kitchen boasts stone benchtops, ample storage, and premium Smeg appliances, making it perfect for home chefs and entertainers alike. Step out onto the private balcony to enjoy your morning coffee or evening drinks with a stunning backdrop.
Both bedrooms are generously sized, with the main suite featuring a walk-in robe, ensuite, and access to a secondary private balcony. The study area located within the main bedroom also offers a practical solution to working from home or completing your studies.
The beautifully appointed bathrooms exude modern elegance, while a European-style laundry adds convenience. Climate control is effortless with three split-system air-conditioning units positioned in the living area and both bedrooms.
Residents of "Midnight" enjoy access to premium amenities, including an indoor swimming pool, gym, and sauna. The renowned "Midnight bar" and "Braddon Merchant" restaurant on the ground floor is the perfect place to entertain guests or unwind after a long day. Secure basement parking includes two separate car spaces plus additional storage.
For investors, this apartment presents an outstanding opportunity. It is currently operating as a highly successful Airbnb with an excellent 90% occupancy rate and producing exceptional rental returns of approximately $4,500 per month. The property can be sold fully furnished and equipped for seamless continued operation if desired.
Don't miss this chance to secure a stylish, high-performing investment or an exceptional city home!
Summary of features:
• Sensational Braddon location
• Located in the popular "Midnight" development
• Conveniently located right in the Braddon lifestyle precinct offering bars, cafes & eateries and only metres from the Canberra Centre
• Top floor apartment, offering outstanding views and above the hustle and bustle at street level
• 2 bedrooms
• 2 bathrooms
• 2 separate car spaces in basement (with additional storage space)
• A practical floor plan with spacious living & dining areas, perfectly designed for practical living
• Modern kitchen, including stone surfaces, ample storage & Smeg appliances
• Private entertaining balcony + separate secondary balcony off main bedroom
• Generous bedroom sizes
• Main bedroom suite with ensuite and walk in robe
• Beautifully appointed bathrooms
• European style laundry
• Split system reverse cycle heating & cooling (3 units – living room + one in each bedroom)
• Double glazed windows providing excellent sounds proofing
• Double roller blinds to windows
• Offered with vacant possession (ready to move in asap if desired)
• Midnight bar and restaurant are located on the ground level of the building, providing an ideal spot to meet friends or entertain guests at your leisure
• Facilities for the development include indoor swimming pool, gymnasium & sauna
• Light rail station right on your doorstep - the Elouera Street station literally outside the apartment building for ultimate convenience
• The apartment has been set-up and operating as a fully equipped Airbnb with extremely high occupancy rates and attractive rental returns (figures can be provided on request).
• High yielding investment (approx $4,500 per month) = Over 8% gross rental yield.
Key facts & figures:
• Living area: 72m2
• Balcony area: 7m2
• 2 car spaces & separate storage
• Built: Oct 2019
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