FOR SALE
$1,150,000+

50 Mackennal Street
Lyneham ACT 2602

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
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Modern Dual Living - set in a convenient location

With a convenient position in one of the Inner-North's most popular pockets, surrounded by quality schooling, abundant reserves, and parks, as well a multitude of transport options, this unique and cleverly designed residence will appeal to both home buyers and investors alike. Currently configured as 2 separate residences, the main abode features large open plan living and dining, connecting to both a front verandah and a well-appointed kitchen that boasts all-electric cooking, stone benchtops, chic tiled splashback, dishwasher, and plenty of storage. Both bedrooms are a good size, one with built-in robes, and share use of the modern bathroom, complete with floating timber vanity and oversized frameless shower.
Originally connected, the separate studio adds a clever versatility to the floorplan, enjoying a spacious open plan with quality kitchenette and ensuite style bathroom, offering either a quality second income stream, extended family haven, or the potential to reconnect and reconfigure to a large single residence. Outside, there is a single garage as well as additional undercover car accommodation, all set on a 683sqm parcel of low maintenance Lyneham land. Whether you are looking for a modern home with an additional income stream, a sunlit family residence or stellar investment to add to your performing portfolio, this one is a must to inspect for anyone looking to secure their own piece of the highly-prized Inner-North.
- 3 bedrooms, 2 bathrooms, single lockup garage and carport, separated into a 2-bedroom semi + self-contained studio
- Airbnb $76,595 (previous rental return)
- Light-filled open plan living and dining, well connected to both kitchen and front verandah
- All electric kitchen enjoying stone benchtops, chic tiled splashback, dishwasher and plenty of storage
- 2 good sized bedrooms in main residence, one with built-in robe and desk
- Modern bathroom with floating timber vanity and oversized frameless shower
- Fully self-contained studio with all-electric kitchenette, spacious open plan and ensuite style bathroom
- Single lock up garage + undercover carport
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Property Details for 50 Mackennal St, Lyneham

50 Mackennal St, Lyneham is a 3 bedroom, 2 bathroom House with 2 parking spaces. The place is currently for sale with Bastion Property Group.

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About Lyneham 2602

The size of Lyneham is approximately 5.4 square kilometres. It has 17 parks covering nearly 52.3% of total area. The population of Lyneham in 2011 was 4,485 people. By 2016 the population was 5,103 showing a population growth of 13.8% in the area during that time. The predominant age group in Lyneham is 20-29 years. Households in Lyneham are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lyneham work in a professional occupation. In 2011, 48.3% of the homes in Lyneham were owner-occupied compared with 41.8% in 2016.

Lyneham has 3,093 properties. Over the last 5 years, Houses in Lyneham have seen a 56.43% increase in median value, while Units have seen a 39.52% increase. As at 31 July 2024:

  • The median value for Houses in Lyneham is $1,191,767 while the median value for Units is $530,171.
  • Houses have a median rent of $630 while Units have a median rent of $550.
There are currently 24 properties listed for sale, and 15 properties listed for rent in Lyneham on OnTheHouse. According to CoreLogic's data, 147 properties were sold in the past 12 months in Lyneham.

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Theo Koutsikamanis
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Luca Morella
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Bastion Property Group
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