13 Devonport StreetLyons ACT 2606
Property Details for 13 Devonport St, Lyons
13 Devonport St, Lyons is a 10 bedroom, 6 bathroom Unit with 6 parking spaces and was built in 1970. The property has a land size of 1072m2 and floor size of 46m2. While the property is not currently for sale or for rent, it was last sold in October 2002.
Last Listing description (June 2024)
Rarely do investment opportunities present themselves on the market as good as this, with six units being sold as an entire block on a RZ2 1,071sqm* parcel of land. The corner location is ripe for redevelopment, directly opposite the local shops, a bus stop and a short distance to Lyons playing fields. A true blue chip investment, five of the six units are currently tenanted allowing for immediate returns, projected gross income per annum is $128,271*.
This is a very popular location situated only a stones throw to Woden, which is currently experiencing significant investment with six large scale residential projects are currently under construction. Woden CBD is currently one of the busiest development locations within the ACT with developers looking to capitalise on the recent Canberra Hospital upgrade, the new Canberra Institute of Technology complex and the future light rail project. Growth in the area is showing no signs of slowing down.
Features:
Six individual units, five currently tenanted
RZ2 corner block
1,071sqm* of land
EERs from 0.5 - 3.5 stars
Prime location opposite the local Lyons shops
Close to Woden CBD
Recent and upcoming developments nearby including large residential buildings, Canberra Hospital upgrade, light rail Stage 2B - from Canberra CBD to Woden
Hold and reap the returns, or redevelop and capitalise on significant demand for residential property in the area
For further information, please contact Zac or Campbell for the Information Memorandum
*Approx.
'Agent Interest'
Property History for 13 Devonport St, Lyons, ACT 2606
- 18 Apr 2024Listed for Sale By Negotiation
- 17 Oct 2002Sold for $682,000
Recent sales nearby
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0About 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 2016 was 3085 people. By 2021 the population was 3271 showing a population growth of 6.0% in the area during that time. The predominant age group in Lyons is 20-29 years. Households in Lyons are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Lyons work in a professional occupation.In 2021, 51.10% of the homes in Lyons were owner-occupied compared with 49.50% in 2016.
Lyons has 1,622 properties. Over the last 5 years, Houses in Lyons have seen a 20.60% increase in median value, while Units have seen a 27.48% increase. As at 28 February 2026:
- The median value for Houses in Lyons is $1,109,341 while the median value for Units is $384,749.
- Houses have a median rent of $700 while Units have a median rent of $490.
Suburb Insights for Lyons 2606
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