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58/22 Archibald Street,
Lyneham 2602, Australian Capital Territory

2 bedrooms
1 bathroom
1 car space
Apartment

$450,000


Property details

Immaculate apartment in fantastic location

This renovated two bedroom apartment has been miraculously maintained and is located in the popular 'Fairway Park' complex within walking distance to Lyneham's shops, schools, Next Gen lifestyle centre, The Old Canberra Inn, light rail plus the Dickson precinct.

Located on the first floor, the apartment features two bedrooms with built-in robes, a spacious open plan kitchen, dining and living area, kitchen with new electric oven and rangehood, a lovely balcony plus one allocated car space.

The property would suit first homes buyers, downsizers or the savvy investor as the property currently brings in over $40,000 per year via Airbnb.

- Two bedrooms with built-in robes
- Spacious open plan living area
- Kitchen with new electric oven and rangehood, dishwasher
- Combined bathroom and laundry
- Laminated flooring
- Balcony
- One allocated car space
- Ample visitor parking
- So close to shops, schools, transport, Universities, Dickson precinct, CBD and lifestyle amenities
- Low strata fees
- Well Maintained gardens
- Near light rail and public transport
- Additional Communal storage
- Sought after first floor apartment and only on the market for second time in two decades
- Great investment opportunity with 90% occupancy rate (short-term rental) for past 8 years.
- 10% gross rental yield on Airbnb
- Walking distance to Lyneham shops, schools, O'Connor reserve


- Body Corporate $720 per quarter
- Rates $420 per quarter

Explore the area


School catchments

  • Brindabella Christian College Combined K-12 Independent 0.49km
  • Lyneham Primary School Primary K-6 Government 0.72km
  • St Joseph's Primary School Primary K-6 Catholic 1.6km
  • Emmaus Christian School Combined K-10 Independent 1.8km
  • O'Connor Cooperative School Primary K-2 Government 1.9km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


Find out how much home loan repayments will be

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Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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