OFF MARKET

287/1 Mouat Street
Lyneham ACT 2602

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 104m2
Land area: 11242m2
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Property Details for 287/1 Mouat St, Lyneham

287/1 Mouat St, Lyneham is a 2 bedroom, 2 bathroom Unit and was built in 2012. The property has a land size of 11242m2 and floor size of 104m2. While the property is not currently for sale or for rent, it was last sold in May 2010.

Building Type
Unit
Year Built
2012
Floor Size
104m2
Land Size
11242m2
Local Government
Canberra Central
Lot/Plan
LYNEHAM: Block 1, Section 53, Unit 287

Last Listing description (March 2023)

Conveniently located in the highly sought after 'Axis' complex, this large, single level, 2 bedroom ensuite apartment features 107m2 of internal living space plus 30m2 of covered balcony space. Perfectly positioned high up on level 7 you will enjoy views to mount Majura and the Lyneham playing fields as well as being a quick walk to the Lyneham & Dickson shops. Just 5 minutes' drive to the City or keep your car at home & hop on the tram the location of this abode is a stand out.

The modern kitchen is beautifully finished & offers stainless steel appliances, dishwasher & stone bench tops with plenty of space to entertain & cook up a storm. The light filled, expansive open plan living area features floor to ceiling windows & sliding doors that frame & lead directly onto the huge 30m2 north facing balcony. With enough room to create an entertaining area with BBQ, dining table & additional greenery with pots & plants, the outdoor balcony acts an extension to your living areas.

The two bedrooms are both generous in size, with bedroom 1 opening onto the main entertaining balcony & also featuring a generous walk in robe which leads through to a private ensuite with extra-large shower & dual basin with stone bench tops. Bedroom 2 features mirrored built in robes & also opens out onto a separate private balcony as well as having ensuite-style access to the 2-way bathroom which offers a shower, toilet & vanity with stone tops.


There is intercom access to the building for your guests & restricted entry to your 2 side by side allocated basement parking spaces & lockable storage enclosure. The complex also includes barbecue facilities in the common areas, a heated indoor lap pool & a fully equipped gym to help you stay fit all through the year. With a location & facilities like this, every day will feel like a holiday, so come for a visit we would love to show you through.

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

Features overview:
Level 7, North facing aspect
Uninterrupted views towards Mount Majura and over Lyneham playing fields/Southwell Park
2 bedroom, single level apartment with lift access from basement carpark & ground (no stairs to negotiate)
Large open plan living area with floor to ceiling windows and sliding door access to balcony
Modern kitchen has stone bench tops & stainless-steel appliances including an electric oven and cooktop, rangehood and dishwasher
Bedroom 1 has a walk through robe to the ensuite and sliding door access to main balcony
Bedroom 2 has full height, 3-door sliding, mirrored robe and sliding door access to separate balcony
2 way bathroom accessed from 2nd bedroom
Reverse cycle air conditioning units located in living room & main bedroom (heating and cooling)
Space saver laundry located out of the way in the kitchen with dryer included
Double linen cupboard
Halogen down lights throughout
Fully covered balcony with elevated outlook
2 allocated, side by side car spots in restricted entry basement
Lock up, Colorbond storage enclosure at rear of car spaces
Lots of additional visitor parking in the restricted access basement and on the ground level
Voice intercom access for guests
Complex includes indoor heated pool, gymnasium & barbeque area
On site building manager
Pets welcome (subject to body corporate notification & approval)
Vacant possession and available for immediate occupation
Early access prior to settlement available if you need to move in quickly
Flexible settlement options if you want, or need, to sell another property as part of the purchase

The Numbers:
living size: 107m2
Balcony: 30m2
Age of development: 11 years (built 2012)
Level in building: 7 of 9
General Rates: $1,898.
Water & sewerage rates: $740 p.a.
Land Tax (investors only): $2,235.
Strata levies: $6,962 p.a.
Rental potential: $650/week
EER: 6 out of 6 stars
Current Admin & Sinking fund balance as of 23/02/2023: $2,195,758
Units Plan number: 3704
Number of units in Axis development: 350 units over 3 distinct buildings
Strata manager: Signature Strata phone (02) 61850347
Builder/developer: Morris Property Group

The Location:
2 minute walk to Mouat St light rail station
5 minute walk to Dickson shopping centre
5 minute drive to Canberra CBD
Easy drive, bike, scooter, or light rail commute to the ANU
Less than 1 km to the Lyneham hockey centre, tennis courts, Next Gen Health Club & Yowani Golf Course

The Offer Process:
To help buyers on value, we advertise a guide price which your offer must exceed
Offers can be subject to finance or unconditional and on a contract (preferred)
Offers are confidential & will not be disclosed to other buyers for privacy purposes
A 5% deposit is acceptable via eft just prior to exchange of contracts
We have a solicitor allocated who can provide a FREE contract review and section 17 if required

Property History for 287/1 Mouat St, Lyneham, ACT 2602

A timeline of how this property has performed in the market
Last Sold
$589,900
31 May 2010
Listed for Rent
$530/w
15 Nov 2012
  • 23 Mar 2023
    Listed for Sale Offers over $700,000
  • 24 Oct 2012
    Listed for Rent - Price not available
  • 31 May 2010
    Sold for $589,900

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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 3,075 properties. Over the last 5 years, Houses in Lyneham have seen a 57.58% increase in median value, while Units have seen a 34.28% increase. As at 31 October 2024:

  • The median value for Houses in Lyneham is $1,185,162 while the median value for Units is $520,720.
  • Houses have a median rent of $585 while Units have a median rent of $540.
There are currently 27 properties listed for sale, and 23 properties listed for rent in Lyneham on OnTheHouse. According to CoreLogic's data, 138 properties were sold in the past 12 months in Lyneham.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.