Sold
$425,000
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83/1 Mouat Street, Lyneham ACT 2602

Unit / Apartment1116.0
Block size: 1.12 Hectares approx.UV: $19,950,000 (2021)
Can I afford this property?

Vacant and ready for you or your tenant immediately, high up on level 8

This single level, modern 1 bedroom apartment is perfectly positioned on level 8 of the 'Axis' building which offers resort-style luxuries of a 20m heated indoor pool and fully equipped gym as well as BBQ and common areas which are readily awaiting to host your friends and family all year round.

This premium apartment has been fittingly appointed & designed for ease of living. The stylish kitchen is beautifully finished & offers stainless steel appliances, dishwasher & stone bench tops with plenty of space to entertain & cook up a storm. The light filled, open plan living area features floor to ceiling windows & sliding doors that lead directly onto the elevated balcony which offers a wonderful, elevated outlook to the North over Southwell Park and playing fields. The large main bedroom has a built-in wardrobe with sliding mirrored doors and direct access to the balcony.

Live in owners and tenants alike are sure to appreciate the desirability of this Inner North location so investors can be assured of strong rental demand and high yields. It is a short walk to the Dickson shopping precinct with a vast array of restaurants, cafés and shops whilst Civic is just a 5-minute bus ride or light rail trip down Northbourne Avenue. With a location & facilities like this, every day will feel like a holiday, so make an inspection a priority, we would love to show you through.

To get a copy of the digital brochure containing an explanation of our friendly sales campaign and the full contract, please send us an email from the web portal and note your full name and mobile number and it will be automatically sent to you immediately.

Features overview:
-Level 8, facing East away from any busy roads
-East aspect with angled views on balcony to Southwell Park located to the North of Axis
-Single level apartment with lift access from basement carpark & ground (no stairs to negotiate)
-Large open plan living area with floor to ceiling windows and sliding door access to balcony
-Modern kitchen has stone bench tops & stainless-steel appliances including an electric oven and cooktop, new rangehood and integrated dishwasher
-Bathroom has toilet, vanity & a large shower
-Space saver, European laundry with dryer included
-Double linen cupboard
-Bedroom has full height, 3-door sliding, mirrored robe and sliding door access to balcony
-Reverse cycle air conditioning unit located in living room (heating and cooling)
-Halogen down lights throughout
-Fully covered balcony with elevated outlook
-1 allocated basement car spot in restricted entry basement (extra-large and end of row)
-Lock up, Colorbond storage enclosure at rear of car space
-Lots of additional visitor parking in the restricted access basement and on the ground level
-Voice intercom access for guests
-Vacant possession and available immediately
-Early access prior to settlement available if you need to move in quickly
-Flexible settlement options if you need to sell another property as part of the purchase

AXIS development features:
-Indoor heated pool, gymnasium & barbeque area
-Lots of visitor car parks both on the ground level and in the basement
-NBN – fibre to the building
-Cabled for broadband & pay TV
-Bike storage areas in basement
-On site building manager
-Centralised gas hot water system
-Pets welcome (subject to strata notification)

The Location:
-2 minute walk to Mouat light rail station
-5 minute walk to Dickson town centre
-6 minute drive to Canberra CBD
-Easy drive, bike, scooter, or light rail commute to the ANU
-Close to the Lyneham hockey centre, tennis courts, Next Gen Health Club & Yowani Golf Course

The Numbers:
-Unit size: 54m2
-Balcony size: 9.3m2
-Level: 8 of 10
-Age of unit: 10 years (built 2012)
-General Rates: $1,704 p.a.
-Water & sewerage rates: $684 p.a.
-Land Tax (investors only): $1,928 p.a.
-Strata levies: $4,972 p.a.
-Rental Potential: $500/week
-EER: 6 stars
-Current Admin fund balance as of 17th May 2022: $250,317
-Current Sinking fund balance as of 17th May 2022: $1,683,160
-Special purpose fund as of 17th May 2022: $90,396
-Units Plan number: 3704
-Number of units in Axis development: 350 units over 3 distinct buildings
-Strata manager: Signature Strata – phone (02) 61850347
-Builder/developer: Morris Property Group

The Offer Process:
To help buyers on value, we advertise a guide price which your offer must exceed
Offers are confidential & will not disclosed to other buyers for privacy purposes
A 5% deposit is acceptable via eft just prior to exchange of contracts
Offers can be subject to finance or unconditional and on a contract (preferred)
We have a solicitor pre-allocated to provide a FREE contract review and section 17 if required which will allow you to waiver any cooling off to go straight to conditional exchange

Inspections

No open inspections scheduled.

Send an enquiry

Contact Mark Larmer And Aaron Lewis to learn more about this property, request an inspection or take an online tour.

Property walkthrough

Key details

Property Type:Unit / Apartment
Block:1
Section:53
Block Size:1.12 Hectares*
Unimproved Value:$19,950,000 (2021)
Rates (Residential):$86,495*
Rates (Commercial):$705,190*
Rates (Rural):$20,672*
Land Tax (Residential):$151,339*
*These are approximate values based on available information.
Independent Our Team

Maps and area information

Land Details
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Block information
Block 1 Section 53 Lyneham
Block size: 1.12Hectares (approx)
Unimproved value: $19,950,000 (2021)
Legal description: CANB/LYNE/53/1
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2022.
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The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
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Enrolment areas for ACT public schools.

What's nearby

Lyneham PrimaryPrimary School
0.8km
Lyneham HighHigh School
0.5km
Calvary Private HospitalHospital
4km
Canberra CentreMajor Shopping Centre
3.5km
Australian National UniversityUniversity
3.7km
Daramalan CollegeCollege
0.8km
Dickson Post OfficePost Office
0.6km
Aust. Defence AcademyTafe
5.2km

Home Loans

RepaymentsStamp duty & upfront costs

Property history

You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
30 Jun 2022
Sold
Independent Our Team
$425,000
Contract: 30/06/2022
Listed: 02/06/2022
Days on market: 28
Transfer type: Full transfer
27 May 2018
Sold
Independent Inner North & City
$345,000
Contract: 19/03/2018
Transfer: 27/05/2018
Listed: 30/06/2016
Days on market: 627
Block size: 11242m²
Transfer type: Full transfer
Purpose: Multiple unit dwelling

Suburb and property insights

Median salesUnimproved value for 83/1 Mouat Street
Median Sale Price For Lyneham
$562,500
Average Age
36 years
Population
5,112
Lyneham's Property Profile
Lyneham's Occupancy

Contact agents

Independent Our Team

Independent Our Team

View agency details
Mark Larmer And Aaron LewisIndependent Our Team
Jason El-KhouryIndependent Our Team
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Listing ID: 180683958. This listing has been viewed 2288 times. It was first displayed on 02/06/2022 and last updated on 01/08/2022.