45/77 Northbourne Avenue, Turner, ACT 2612

Please note, if not sold prior, this property will be going to auction on site, 12:30pm Thursday 10th April 2025. The advertised price guide is there to help give buyers a bracket to work from and may be updated as the campaign progresses. Offers prior to auction are welcomed. 

Imagine being able to walk everywhere from home… when your address is 77 Northbourne Avenue, walking is your new reality and 'The Avenue' is the closest residential development in Turner to the City. You are in close proximity to the Canberra Centre, North Quarter, Braddon's café and food district, the light rail, Civic bus interchange, the ANU, Acton Precinct & much more. The location is so good that you can even rent out the car space for around $70/week = $3,640/yr - what could you do with that extra cash every year?

Being vacant its perfect for live in owners wanting to move in quickly while also being ideal for attracting tenants and associated strong rental yields and future capital if you are an investor - you can even select your own tenant in the timeframe between exchange and settlement so you have no vacancy costs. 

The unit has been refreshed throughout with new paint, new LED downlighting and carpets replaced 3 years ago. The design cleverly provides for effective separation of the bedroom from the living areas of the apartment via a half flight of stairs affording more privacy. Whether you're relaxing in the lounge or resting in the bedroom, you won't be disturbed by noise from the other space. The bedroom includes a large, sliding door, mirrored built in robe and outlook to the internal podium of the development. 

'The Avenue' development has dual, secure lift access from the basement and ground level. Residents also have the luxury of 2 swimming pools and BBQ facilities in the landscaped internal courtyard, a great spot for a weekend get together with family and friends. 

Get a glimpse into your new life by watching our detailed walk-through video prior to your inspection (and after!). It's our 24/7 salesperson, allowing you to get an excellent feel for the features and benefits of this unit including the living quarters, common area facilities, car parking and lock up storage. It's the most informative property video you will watch during your search, but don't just take our word for it…

To get a copy of the digital brochure containing an explanation of our friendly auction campaign and the full contract, please send us an email from any of the portals and note your full name and mobile number and it will be automatically sent to you.

Features Overview
• East aspect 
• Large open plan living space
• Upgraded LED downlighting throughout
• New painting throughout
• Upgraded carpets (3 years old) 
• Reverse cycle heating & cooling wall unit in living area
• Kitchen with stone bench top, dishwasher, electric cooktop with recirculating rangehood over and electric under bench oven
• Built in study nook positioned away from living areas
• Main bedroom segregated away from the living areas up half flight of stairs which has an entire wall of mirrored, sliding door built-in robes and outlook into the internal podium of the development
• Bathroom has modern fittings, neutral colours & floor to ceiling tiling including a shower, vanity and toilet
• Space saver laundry in bathroom behind bifold doors with dryer included in sale
• Vacant possession, so no need to wait for owners, or tenants, to relocate 
• Early access available via an occupation licence if you need to move quickly prior to settlement 
• Flexible settlement options if you have another property you want, or need, to sell

The Numbers (approx): 
• Living area: 72m² 
• Balcony size: 11m2
• Age: 20 years (Built 2005)
• Strata levies: $5,480 p.a. 
• General rates: $1,699 p.a.
• Water & sewerage rates: $804 p.a.
• Land tax (investors only): $2,076 p.a.
• Rental potential (unfurnished 12m lease): $500/wk
• UP Number: 2873
• Strata Manager: Grady Strata – phone 62511214
• Money in admin and sinking fund as of 05/03/2025: $1,264,002
• Level in building: 2 of 9
• Name of development: The Avenue
• Total number of units in development: 239 
• Developer: Amalgamated Property Group
• Builder: Hindmarsh
• EER: 6 stars (out of 6 stars)

'The Avenue' development includes:
• Restricted entry, allocated basement car parking – 1 spot located on level B2
• Lockable storage cages in the basement – located right next to the car space
• 22 restricted access basement visitor parks on ground level
• Podium level established landscaped gardens and 2 outdoor swimming pools & BBQ facilities 
• On site building manager 
• Security intercom for guests so they can get to your front door without you leaving the unit
• Numerous security cameras throughout development 
• Fob/card access to the apartment's building entrance
• Secure lift access from basement and ground direct to your level
• Rubbish chutes on each level
• Centralised gas hot water system
• NBN - Fibre to the building (fast internet)
• Pets welcome (subject to strata notification)
• Cladding replacement expected to be fully complete in May 2025. According to the unit entitlement the amount due for this unit will be approximately $39,850 over the 10 yrs or $3,985/yr. This is why the unit has been reduced by around $50,000 to compensate the buyers'

To help buyers, we offer the following as part of our Friendly Auction System:  
• Written buyer price guide which is also updated as the campaign progresses  
• A digital brochure which can be emailed to you prior to a viewing containing the contract and everything you need to know about the property and the auction purchase process (request via email) 
• We refer a solicitor who can review the marketing contract for FREE and provide a FREE Section 17 certificate to waive your cooling off to submit a pre-auction offer