1/38-46 O'Hanlon PlaceNicholls ACT 2913
Property Details for 1/38-46 O'Hanlon Pl, Nicholls
Last Listing description (May 2026)
Leumeah Lodge, operated by 'the Y' (founded as YMCA) is a fully self-contained accommodation complex, completed in 2015. Offering 60 hotel style rooms with various configurations accommodating up to eight people each, plus a separate 2 bedroom apartment, Leumeah Lodge specialises in tourist, group and school accommodation bookings however also operates as a serviced hotel when available.
Available for sale by Expressions of Interest, this is a unique offering of a quality, freestanding building on a lot area of circa 8,000 square metres. Forming part of a Units Plan a parent site of 21,765 square metres, Leumeah Lodge occupies Unit 1, encompassing the buildings and surrounding land with the strata unit boundary, essentially creating a free-standing structure within the Units Plan.
Having being in occupation since development, 'the Y' have recently committed to a new 10 year term until March 2036, on a fully net lease.
Key Features:
Quality, 60 room accommodation complex
Single 10 year net lease to YMCA,
Net income of $1,106,329.79 pa plus GST*
Premium, growing tourist location - 12 minutes from CBD
Very stable investment in high demand property sector
Leumeah lodge is For Sale by Expressions Of Interest closing 18 June 2026 at 4pm.
Contact RWC Canberra for an exclusive inspection.
*Approximately
Property History for 1/38-46 O'Hanlon Pl, Nicholls, ACT 2913
- 08 May 2026Listed for Sale EOI closing 18 June 2026 at 4pm
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
About Nicholls 2913
The size of Nicholls is approximately 6.7 square kilometres. There are 13 parks, covering nearly 51.5% of the total area. The population of Nicholls in 2016 was 6865 people. By 2021 the population was 6680 showing a population decline of 2.7% in the area during that time. The predominant age group in Nicholls is 50-59 years. Households in Nicholls are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Nicholls work in a professional occupation.In 2021, 84.10% of the homes in Nicholls were owner-occupied compared with 82.00% in 2016.
Nicholls has 2,505 properties. Over the last 5 years, Houses in Nicholls have seen a 23.58% increase in median value, while Units have seen a 31.31% increase. As at 30 April 2026:
- The median value for Houses in Nicholls is $1,300,315 while the median value for Units is $874,410.
- Houses have a median rent of $780 while Units have a median rent of $670.
Suburb Insights for Nicholls 2913
Market Insights
Nicholls Trends for Houses
N/A
N/A
View TrendN/A
N/A
Nicholls Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
