OFF MARKET

85/179 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 85/179 Melrose Dr, Lyons

85/179 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 October 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 85

Last Listing description (October 2020)

As the age old saying goes, location, location, location. Perched directly across from Woden town centre this single level, two-bedroom apartment proves its all about where you live, with convenient & immediate access to all the South has to offer.

Need to pick up some last minutes groceries on your way home from work, catch a movie or indulge in a little shopping? All you need to do is stroll across the road & its all there waiting for you. You can even stretch out your legs & enjoy the fresh air in the nearby nature reserve or walk over to the Phillip Swimming & Ice-Skating Centre if an adventurous mood strikes.

Unit 85 is located on the elevated first level of the Woden Gardens complex, overlooking the tranquil internal courtyard. Youre met with a combined living & dining room upon entry that seamlessly connects to the covered balcony where you can take in the views. The updated kitchen is fitted with everything thats needed to cook up a storm on the weekends & has a freestanding oven & cooktop & plenty of pantry space.

First home buyers will appreciate the extra bit of TLC thats gone into making this apartment feel like a home from the fresh coat of paint throughout to the new carpets to both bedrooms. Plus a few bonus perks like built-in robes & ample visitor car parking for when your show-off your new digs to friends & family. To sweeten the deal, the current owners have vacated the premises meaning you could be enjoying the very best Lyons has to offer before Christmas, they will even offer flexible settlement options & free access prior to settlement, wow!

SMS 85 Mel to 0407 121 412 to get a copy of the digital brochure containing the contract.

Features Overview:
- Elevated position on 1st level of Woden Gardens apartment complex
- Internally facing (not overlooking Melrose Drive)
- Single allocated car space in covered carport
- Allocated & lockable storage room to rear of car space
- Ample visitor parking in front of carport
- Freshly painted throughout internally
- Rental potential of $400/wk (thats a gross return of around 8%)
- Conveniently located opposite Woden town centre & green belt
- Vacant & available immediately, early access for free prior to settlement on offer
- Flexible settlement options available

Inside:
- Combined living & dining area with tiles underfoot, balcony access, & wall length windows
- Neat & tidy kitchen featuring a freestanding electric oven & cooktop with an all new ducted rangehood, tiled splashback, & cupboard/pantry space
- Both bedrooms have been fitted with brand new carpets & have built-in robes to each room
- Combined bathroom & laundry with joint shower & bath, vanity sink & built-in laundry tub, & toilet
- Covered balcony overlooking pleasant green spaces with fitted lighting & space saving retractable clothesline
- New window treatments throughout
- Linen & storage cupboard
- Wall mounted reverse cycle air conditioning unit (heating & cooling)

To help buyers:
- We have a solicitor pre-allocated to provide a FREE contract review.
- Offers are confidential & not disclosed to other buyers.
- After a buyers offer is accepted, they will have opportunity to view the property again, finalise the loan approval & show family & friends.
- A 5% deposit (which can be payable via BPAY) is only required just prior to exchange of contracts.

Property History for 85/179 Melrose Dr, Lyons, ACT 2606

A timeline of how this property has performed in the market
Last Sold
$287,000
23 Oct 2020
Listed for Rent
$375/w
31 Jul 2013
  • 23 Oct 2020
    Sold for $287,000
  • 15 Oct 2020
    Listed for Sale Under Contract
  • 02 Nov 2018
    Transferred
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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.

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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.