FOR SALE
$680,000+

506/241 Northbourne Avenue
Lyneham ACT 2602

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
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Base Your Investment at 241 Northbourne Avenue!

Dual key properties are a rare presentation to the market and apartment 506 in the Base complex on Northbourne Avenue is just such an offering and is the perfect way to maximise the return on your investment dollar. Comprising a separately accessed one bedroom apartment as well as a one bedroom studio the beauty of this property is the dual income stream from the separate tenancy agreements in place.
The apartment is beautifully presented and has an open plan living and dining area as well as a kitchen with ample storage and moveable island bench. The large bedroom is complete with a built-in robe and the bathroom has floor to ceiling tiles along with a shower and separate toilet. The studio is compact but functional with a kitchenette, built-in robe, bathroom and separate balcony.
The amenities at Base 241 include a heated rooftop pool and barbecue area and the location is second to none and just a walk to the caf�'s and restaurants of Braddon, the Dickson shopping precinct and the Lyneham shops.
Apartment features:
- Tenanted at $440 P/W
- Open plan living, dining and kitchen
- Electric cooktop, dishwasher and island bench
- Bedroom with built in robe
- Bathroom with floor to ceiling tiles and separate toilet
- Large balcony with mountain views
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Property Details for 506/241 Northbourne Ave, Lyneham

506/241 Northbourne Ave, Lyneham is a 2 bedroom, 2 bathroom Apartment with 2 parking spaces. The place is currently for sale with LJ Hooker Dickson.

Building Type
Apartment

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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 3,103 properties. Over the last 5 years, Houses in Lyneham have seen a 54.95% increase in median value, while Units have seen a 27.70% increase. As at 30 November 2024:

  • The median value for Houses in Lyneham is $1,189,196 while the median value for Units is $497,358.
  • Houses have a median rent of $585 while Units have a median rent of $550.
There are currently 26 properties listed for sale, and 13 properties listed for rent in Lyneham on OnTheHouse. According to CoreLogic's data, 132 properties were sold in the past 12 months in Lyneham.

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Andrew Grenfell
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Andrew Browne
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LJ Hooker Dickson
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