204/241 Northbourne Avenue, Lyneham
Home Sold
2
2
2
SOLD - 3rd Jun 2022
Contact Agent
Rare dual key opportunity in outstanding location and iconic development.

An addition to your portfolio or residing address that will not disappoint, bringing instant returns and endless opportunity, this dual residence is made up of a 1 bedroom and a studio apartment all on the one title. These cleverly designed and separated apartments provide many opportunities for the creative live in owner or investor alike.

Situated in the Base 241 complex, a unique industrial design managed and constructed by the reputable Canberra based - Construction Control, this is a sought-after address thanks to its amazing architecture and interior design. It is also responsible for a Canberra first - a heated rooftop pool and outdoor cinema, a communal area that is undoubtedly a star attraction of this development.

Each residence has a private balcony, bamboo floors, ducted heating and cooling, while the modern kitchen furnishings deliver almost all comfort requirements. The vaulted concrete ceilings add an extra level of appeal to the property, with both the chique design and acoustical benefit it provides. The ample amount of storage, double glazed windows and conveniently concealed laundry spaces again compliment the thought process of this project.

However, it is sure to be the location that will seal the deal. Situated midway between Lonsdale Street, Braddon and the ever-popular Dickson town centre which already is well serviced but upon the completion of the current development work, is set to be a new go to location. If walking isn’t for you, then the light rail stop at the door of complex will lead you to both the city centre, Gungahlin and everything in between.

Both properties are separately rented by long-term and fantastic tenants on a periodic basis totaling $710 per week. Although an appealing option to investors, within 60 days this could see a live in owner moving in and have the ability to sublet the neighbouring property, offering a potential income stream. Do not delay, visit our next open home and admire the incredible opportunity this presents.

Features include:

• Unbeatable location with the light rail at your doorstep
• Rooftop pool and outdoor cinema, unlike anything in Canberra
• Intercom security and remote lift access
• Mid distance to Braddon, Dickson and many entertainment venues
• Both apartments set away from Northbourne Avenue with views
• Modern kitchen and kitchenette
• Long term, periodic tenancies in place totaling $710 per week
• Underbuilding secure carparking, with 2 spaces tandem with a storage cage

Living Area: 96m2 + Balconies 17m2 (approx.)
Constructed: 2015
EER: 6.0

Outgoings:
Body Corporate: $1724.40 p/qtr (approx.)
Land Tax: $505.11 p/qtr (approx.)
General Rates: $428.00 p/qtr (approx.)
Water Rates: $171.58 p/qtr (approx.)

Disclaimer: The material and information contained within this marketing is for general information purposes only. Cream Residential Pty Ltd does not accept responsibility and disclaim all liabilities regarding any errors or inaccuracies contained herein. We recommend all interested parties to make further enquiries and seek further advice. You should not rely upon this material as a basis for making any formal decisions.

Key Details
Property TypeApartment
Water rates$171.58 per qtr
Strata rates$1,724.4 per qtr
Floor Plan
Listing Agent
Chris Wilson
Principal, Licensed Agent & Auctioneer ACT/NSW
0418 620 686
chris.wilson@creamresidential.com.au
Listing Agents
Chris Wilson
Principal, Licensed Agent & Auctioneer ACT/NSW
0418 620 686
chris.wilson@creamresidential.com.au
Jack Wilson
Licenced Real Estate Agent & Auctioneer
0402 367 713
jack.wilson@creamresidential.com.au
Resources
Rental.pdf
DOWNLOAD
Contract.pdf
DOWNLOAD

We have obtained all the information in this document from sources we believe to be reliable; however we cannot guarantee its accuracy.
Prospective purchasers are advised to carry out their own investigations.

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