OFF MARKET

83/1 Mouat Street
Lyneham ACT 2602

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 52m2
Land area: 11242m2
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Property Details for 83/1 Mouat St, Lyneham

83/1 Mouat St, Lyneham is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2011. The property has a land size of 11242m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in March 2018.

Building Type
Unit
Year Built
2011
Floor Size
52m2
Land Size
11242m2
Local Government
Canberra Central
Lot/Plan
LYNEHAM: Block 1, Section 53, Unit 83

Last Listing description (July 2022)

This single level, modern 1 bedroom apartment is perfectly positioned on level 8 of the 'Axis' building which offers resort-style luxuries of a 20m heated indoor pool and fully equipped gym as well as BBQ and common areas which are readily awaiting to host your friends and family all year round.

This premium apartment has been fittingly appointed & designed for ease of living. The stylish 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, open plan living area features floor to ceiling windows & sliding doors that lead directly onto the elevated balcony which offers a wonderful, elevated outlook to the North over Southwell Park and playing fields. The large main bedroom has a built-in wardrobe with sliding mirrored doors and direct access to the balcony.

Live in owners and tenants alike are sure to appreciate the desirability of this Inner North location so investors can be assured of strong rental demand and high yields. It is a short walk to the Dickson shopping precinct with a vast array of restaurants, cafs and shops whilst Civic is just a 5-minute bus ride or light rail trip down Northbourne Avenue. With a location & facilities like this, every day will feel like a holiday, so make an inspection a priority, 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 the web portal and note your full name and mobile number and it will be automatically sent to you immediately.

Features overview:
-Level 8, facing East away from any busy roads
-East aspect with angled views on balcony to Southwell Park located to the North of Axis
-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, new rangehood and integrated dishwasher
-Bathroom has toilet, vanity & a large shower
-Space saver, European laundry with dryer included
-Double linen cupboard
-Bedroom has full height, 3-door sliding, mirrored robe and sliding door access to balcony
-Reverse cycle air conditioning unit located in living room (heating and cooling)
-Halogen down lights throughout
-Fully covered balcony with elevated outlook
-1 allocated basement car spot in restricted entry basement (extra-large and end of row)
-Lock up, Colorbond storage enclosure at rear of car space
-Lots of additional visitor parking in the restricted access basement and on the ground level
-Voice intercom access for guests
-Vacant possession and available immediately
-Early access prior to settlement available if you need to move in quickly
-Flexible settlement options if you need to sell another property as part of the purchase

AXIS development features:
-Indoor heated pool, gymnasium & barbeque area
-Lots of visitor car parks both on the ground level and in the basement
-NBN fibre to the building
-Cabled for broadband & pay TV
-Bike storage areas in basement
-On site building manager
-Centralised gas hot water system
-Pets welcome (subject to strata notification)

The Location:
-2 minute walk to Mouat light rail station
-5 minute walk to Dickson town centre
-6 minute drive to Canberra CBD
-Easy drive, bike, scooter, or light rail commute to the ANU
-Close to the Lyneham hockey centre, tennis courts, Next Gen Health Club & Yowani Golf Course

The Numbers:
-Unit size: 54m2
-Balcony size: 9.3m2
-Level: 8 of 10
-Age of unit: 10 years (built 2012)
-General Rates: $1,704 p.a.
-Water & sewerage rates: $684 p.a.
-Land Tax (investors only): $1,928 p.a.
-Strata levies: $4,972 p.a.
-Rental Potential: $500/week
-EER: 6 stars
-Current Admin fund balance as of 17th May 2022: $250,317
-Current Sinking fund balance as of 17th May 2022: $1,683,160
-Special purpose fund as of 17th May 2022: $90,396
-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 Offer Process:
To help buyers on value, we advertise a guide price which your offer must exceed
Offers are confidential & will not disclosed to other buyers for privacy purposes
A 5% deposit is acceptable via eft just prior to exchange of contracts
Offers can be subject to finance or unconditional and on a contract (preferred)
We have a solicitor pre-allocated to provide a FREE contract review and section 17 if requiredwhich will allow you to waiver any cooling off to go straight to conditional exchange

Property History for 83/1 Mouat St, Lyneham, ACT 2602

A timeline of how this property has performed in the market
Last Sold
$345,000
19 Mar 2018
Listed for Rent
$470/w
28 Sep 2019
  • 02 Jun 2022
    Listed for Sale Offers Over $400,000
  • 18 Sep 2019
    Listed for Rent - Price not available
  • 19 Mar 2018
    Sold for $345,000
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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.

Suburb Insights for Lyneham 2602

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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.