204/241 Northbourne AvenueLyneham ACT 2602
Property Details for 204/241 Northbourne Ave, Lyneham
204/241 Northbourne Ave, Lyneham is a 2 bedroom, 2 bathroom Unit and was built in 2015. The property has a floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in June 2022.
Last Listing description (June 2022)
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.
Property History for 204/241 Northbourne Ave, Lyneham, ACT 2602
- 03 Jun 2022Sold for $690,000
- 31 Mar 2022Listed for Sale Offers Above $679,000
- 21 Apr 2017Listed for Rent $380 / week
Recent sales nearby
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About Lyneham 2602
The size of Lyneham is approximately 5.4 square kilometres. It has 17 parks covering nearly 52.3% of total area. The population of Lyneham in 2016 was 5112 people. By 2021 the population was 5703 showing a population growth of 11.6% in the area during that time. The predominant age group in Lyneham is 20-29 years. Households in Lyneham are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lyneham work in a professional occupation.In 2021, 48.90% of the homes in Lyneham were owner-occupied compared with 41.80% in 2016.
Lyneham has 3,258 properties. Over the last 5 years, Houses in Lyneham have seen a 37.36% increase in median value, while Units have seen a 37.18% increase. As at 30 November 2025:
- The median value for Houses in Lyneham is $1,248,276 while the median value for Units is $539,533.
- Houses have a median rent of $595 while Units have a median rent of $570.
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