5/17 Devonport StreetLyons ACT 2606
Property Details for 5/17 Devonport St, Lyons
5/17 Devonport St, Lyons is a 1 bedroom, 1 bathroom Unit and was built in 1994. The property has a land size of 1366m2 and floor size of 26m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 1 bedroom Unit sold in Lyons in the last 12 months.
Last Listing description (November 2024)
Welcome to Devonport Apartments, small, neat, cosy, natural light, north facing and affordable with great returns. With a prime location just opposite Lyons Shops and close to Woden, these one-bedroom studio apartments offer a lucrative investment opportunity. Listed at $250,000 and above, these units promise high rental returns, with a weekly rental range up to $360 per week.
This unit is vacant ready for a new owner to move in or to be leased for a tenant to enjoy, with numerous other opportunities available for your consideration in the complex.
PROPERTY HIGHLIGHTS:
Unit 5 is being sold as vacant possession - It is one of 12 on the grounds, the complex is conveniently divided into two blocks - one block of 4 units and the other of 8 units, 5 other potential sales available in the latter.
Maintenance: Rest assured, the 17 Devonport units have been meticulously cared for and maintained, boasting upgrades to kitchens, bathrooms, windows, roof, and carpark.
Comfort Features: Enjoy modern comforts including reverse cycle air-conditioning, a ceiling fan in the living room, and double brick construction, concrete slab with quality hard wood parquetry floors.
Energy Efficiency: With R6 insulation in the roof, these units ensure energy efficiency, with top-floor units benefiting from additional insulation.
Scenic Surroundings: Nestled in a tranquil garden setting with a leafy aspect, each unit features a large north-facing window in the living area, providing abundant natural light and picturesque views.
Convenience: Benefit from proximity to local schools, shops, Westfield Woden, and bus stops, ensuring convenience at your doorstep.
Inclusions: Each unit comes equipped with whitegoods, offering added convenience for residents. Two units available as vacant possession - move in.
Don't miss out on this exceptional opportunity to invest in a thriving community with unbeatable amenities and a promising rental yield. Contact us today to schedule a viewing and secure your investment in Devonport Apartments!
FEATURES:
* Security aspects throughout
* Fridge
* Washing machine
* Convection Microwave
* R6 Insulation (Top Floor)
* Parquetry Floors
* Renovated Kitchen
* Updated bathroom
* Car park upgrade
SPECIFICATIONS:
* EER 5.5
* EER: Other units vary
* Living Size: 26m2 Approx
* Rates: $525 Per Qtr
* Land tax: $2,772 pa (Only if Rented)
* Strata: $700 Per Qtr
* All figures are approx
* Some variances between units - details & photos
Property History for 5/17 Devonport St, Lyons, ACT 2606
- 30 Jul 2024Sold for $268,000
- 30 May 2024Listed for Sale $250,000+
- 25 Feb 2021Listed for Rent $310 / week
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0About 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.
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