OFF MARKET

12/179 Melrose Drive
Lyons ACT 2606

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 58m2
Land area: 12921m2
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Property Details for 12/179 Melrose Dr, Lyons

12/179 Melrose Dr, Lyons is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 12921m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in June 2020.

Building Type
Unit
Year Built
1975
Floor Size
58m2
Land Size
12921m2
Local Government
Woden Valley
Lot/Plan
LYONS: Block 2, Section 53, Unit 12

Last Listing description (June 2020)

Open homes are not currently available but inspections by appointment are available. Please contact Greg to arrange your viewing on 0432 365 184 or greg@irwinproperty.com.au. Before booking the inspection, we will ask you to confirm you have:

* Driven the past the property, where possible, to ensure it meets your location requirements

* A pre-approval or finance in place ready to make a purchase

GREAT LOCATION WITH GOOD RENTAL RETURN

This two bedroom unit is located on the top floor and features a combined lounge and dining area which open onto a balcony.

The property features an updated kitchen with dishwasher, updated bathroom and two bedrooms with one bedroom featuring a built in robe. A new hot water service has recently been installed. The bedrooms and balcony directly overlook the Woden CBD.

Downstairs, a single car space is included as well as a secure storage unit. The close proximity to Woden for a live-in owner or tenant means that you can easily leave the car at home. Take a very short walk to public transport and Westfield Woden is just 200 metres away - offering restaurants, cafs, Big W, Coles, Woolworths, cinema and much more.

Investors please note - the unit is currently rented at $340.00 per week on a periodic lease to a tenant who has been very reliable and happy to stay.

PROPERTY FEATURES

2 bedrooms with built-in robe in one bedroom
Open plan living
Updated kitchen with dishwasher
Updated bathroom/laundry
New hot water system
Located on the top floor overlooking Woden CBD
Single undercover car space with storage unit
Security boom gate access to the precinct
Ample visitor parking
Consistent rental history
Currently rented at $340.00 per week on a periodic lease
57m2 living
5.5m2 balcony

OUTGOINGS

Body corporate $582.25
Rates $510.57
Land tax $621.28
(all approx. per quarter)


Disclaimer: Every effort has been made to ensure the information provided is accurate. Irwin Property and the vendor cannot warrant the accuracy on the information provided and will not accept any liability for loss or damage for any errors or misstatements in the information. All purchasers should rely on their own independent enquiries.

Property History for 12/179 Melrose Dr, Lyons, ACT 2606

A timeline of how this property has performed in the market
Last Sold
$265,000
23 Jun 2020
Listed for Rent
$350/w
03 May 2014
  • 23 Jun 2020
    Sold for $265,000
  • 26 Sep 2019
    Listed for Sale $265,000
  • 26 Apr 2014
    Listed for Rent $350 / week
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About Lyons 2606

The size of Lyons is approximately 2.3 square kilometres. It has 10 parks covering nearly 45.7% of total area. The population of Lyons in 2011 was 2,735 people. By 2016 the population was 3,103 showing a population growth of 13.5% in the area during that time. The predominant age group in Lyons is 30-39 years. Households in Lyons are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lyons work in a professional occupation. In 2011, 52.1% of the homes in Lyons were owner-occupied compared with 49.5% in 2016.

Lyons has 1,604 properties. Over the last 5 years, Houses in Lyons have seen a 8.36% increase in median value, while Units have seen a 25.14% increase. As at 31 October 2024:

  • The median value for Houses in Lyons is $984,260 while the median value for Units is $382,930.
  • Houses have a median rent of $623 while Units have a median rent of $475.
There are currently 7 properties listed for sale, and 4 properties listed for rent in Lyons on OnTheHouse. According to CoreLogic's data, 58 properties were sold in the past 12 months in Lyons.

Suburb Insights for Lyons 2606

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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.