409/241 Northbourne AvenueLyneham ACT 2602
Property Details for 409/241 Northbourne Ave, Lyneham
409/241 Northbourne Ave, Lyneham is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 1740m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in March 2020.
Last Listing description (May 2019)
The perfect investment property is one that is always rented and takes care of itself. If this sounds like your kind of investment, then look no further.
Contemporary in design and spacious in size this third floor two-bedroom apartment offers open plan living and dining, spacious master bedroom with walk in robe with direct balcony access and a two-way bathroom. The second bedroom also spacious in size has a generous built in robe.
The well thought out kitchen allow the tenants to entertain indoors and outdoors taking advantage of the sizable balcony with lovely views.
Walking distance to Dickson shops and the new light rail on your doorstop.
A set and forget secure investment with a long Defence Housing Australia Lease in place.
Contact Melissa Martin-Smith or Simon Porter to arrange a private viewing appointment.
Features:
- Two bedrooms,
- Master with walk in robe and ensuite
- Main bathroom with bath and shower, toilet and vanity
- Tiled floors and carpet in bedrooms
- Functional kitchen with large fridge space and ample kitchen storage
- Reverse cycle air-conditioning
- Quality fixtures and fittings
- Private balcony
- Underground Carpark
- Easy walk to Dickson shops and public transport including new light rail
Facts:
Block: 24
Section: 50
EER: 6
Heating/Cooling: Reverse Cycle
Living size: 72m2 (approx.)
Body corporate: $ 740.68 (approx.) pq
DHA Lease: 05/02/2016 - 04/02/2025
Lease Options: 1 x up to 36 months
Right to Vary: 1 x up to 12 months reduction and 1 x up to 12 months extension
Note: Option and Right to Vary is at DHA discretion
Gross Rent is $475 per week
DHA Management Fee: 13% inc GST
This property is for sale on behalf of a Defence Housing Australia lessor and has a Defence Housing Australia lease in place. Visit dha.gov.au to read about the benefits of investing in Defence Housing Australia property.
Property History for 409/241 Northbourne Ave, Lyneham, ACT 2602
- 03 Mar 2020Sold for $495,000
- 21 Mar 2019Listed for Sale $490,000
- 16 Dec 2015Sold for $470,000
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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