80 Lyons St, Carnegie is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1930. The property has a land size of 555m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in May 2021.
An outstanding investment or development opportunity (STCA) on 555sqm approx, this classic 2 bedroom Art Deco home + modern 2 bedroom villa (new carpets and floor boards throughout) takes pride of place opposite Koornang Park.
Currently rented to long term tenants, giving you income while you create the grand plan, the front home features a security porch, high ornate ceilings, a north facing lounge (gas heater), adjoining dining room (fireplace), an updated kitchen, 2 big bedrooms (1 with BIRs), a sunroom, central bathroom, external laundry, a garden shed and a parking bay.
A common courtyard takes you to the rear more modern unit with its sun drenched open plan design (gas heating & air conditioning), neat kitchen, 2 double bedrooms (BIRs), large bathroom/laundry, separate toilet, tandem carport and a large shed. With multiple options up your sleeve, you could retain the Art Deco home and renovate its endearing charm and make money by removing the back unit to create a glorious family home, you could maintain the tenants, rebuild a spectacular new parkside family haven or redevelop (STCA).
Just a short walk to the tram, bus, Koornang Road cafes, the outdoor pool and Carnegie Primary School, moments to the train and fantastic restaurants.
Lease terms
Property #1 (Front): $1,782pcm (Month to month)
Property #2 (Rear): $1,651pcm (Until 5th Oct 2021)
The size of Carnegie is approximately 3.7 square kilometres. It has 5 parks covering nearly 6% of total area. The population of Carnegie in 2011 was 16,299 people. By 2016 the population was 17,399 showing a population growth of 6.7% in the area during that time. The predominant age group in Carnegie is 20-29 years. Households in Carnegie are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Carnegie work in a professional occupation. In 2011, 55.8% of the homes in Carnegie were owner-occupied compared with 52.4% in 2016.
Carnegie has 11,751 properties. Over the last 5 years, Houses in Carnegie have seen a 12.57% increase in median value, while Units have seen a -2.72% decrease. As at 31 October 2024:
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