FOR SALE
AUCTION 26/10/2024

5 Lambell Close
Palmerston ACT 2913

Bedrooms: 8
Bathrooms: 4
Car spaces: 3
Floor area: 470m2
Land area: 814m2
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Auction Time
Sat 26 Oct 10:00 am
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No upcoming inspections scheduled.
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Palmerston's Elite Estate

An extraordinary opportunity awaits the new owners of this remarkable mansion, offering prestigious living in a prime Palmerston location. Whether you seek a spacious home for a large family, accommodation for guests, or a potential income-generating property, this residence is designed to cater to a wide range of buyers.
This stunning two-storey home showcases an impressive eight bedrooms, four bathrooms, and a three-car garage, strategically divided into three private, self-contained units, offering versatility to suit any lifestyle. Whether for multi-generational living, rental income, or personal use, the possibilities are endless.
The upper floor exudes lifestyle with stunning views from the terrace, featuring five generously sized bedrooms and two well-appointed bathrooms. The layout includes multiple living areas such as a formal lounge, a refined dining room, and a spacious open-plan kitchen that seamlessly flows into the family room. Three bedrooms are equipped with built-in robes, while the master suite boasts a walk-in robe, an ensuite, and exclusive access to the front balcony. A laundry room and a central main bathroom complete this level, which is constructed with a robust concrete and steel structure for added durability.
On the ground level, a stylish two-bedroom, one-bathroom unit includes a versatile multi-purpose room with a fully equipped kitchen. Additionally, a separate one-bedroom, one-bathroom granny flat, complete with its own kitchen and private entry, provides added flexibility and independence. These lower-level units are ideal for extended family, guests, or potential tenants.
An outdoor kitchen under the pergola is perfect for entertaining, while the expansive outdoor spaces allow ample room for hosting guests. The property is further enhanced by a large three-car garage, ample off-street parking, and extensive outdoor areas, ensuring convenience and comfort for residents and visitors alike.
Situated on a prized corner lot, this home commands instant street appeal. You'll enjoy the convenience of being just a short stroll away from all the popular amenities the Gungahlin area has to offer.
FEATURES:
• Concrete slab to ground level
• Suspended concrete slab to the upper floor level
• Double brick external wall to lower floor area
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Property Details for 5 Lambell Cl, Palmerston

5 Lambell Cl, Palmerston is a 8 bedroom, 4 bathroom House with 3 parking spaces. The property has a land size of 814m2 and floor size of 470m2. The place is currently for sale with Ray White Canberra.

Building Type
House
Floor Size
470m2
Land Size
814m2

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About Palmerston 2913

The size of Palmerston is approximately 1.9 square kilometres. It has 8 parks covering nearly 9% of total area. The population of Palmerston in 2011 was 5,681 people. By 2016 the population was 5,526 showing a population decline of 2.7% in the area during that time. The predominant age group in Palmerston is 30-39 years. Households in Palmerston are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Palmerston work in a professional occupation. In 2011, 66.6% of the homes in Palmerston were owner-occupied compared with 66.9% in 2016.

Palmerston has 2,228 properties. Over the last 5 years, Houses in Palmerston have seen a 47.39% increase in median value, while Units have seen a 55.31% increase. As at 30 September 2024:

  • The median value for Houses in Palmerston is $1,042,668 while the median value for Units is $685,585.
  • Houses have a median rent of $655 while Units have a median rent of $550.
There are currently 6 properties listed for sale, and 3 properties listed for rent in Palmerston on OnTheHouse. According to CoreLogic's data, 66 properties were sold in the past 12 months in Palmerston.

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Vince Qi
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Ray White Canberra
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