Sold

64/22 Archibald Street,
Lyneham 2602, Australian Capital Territory

2 bedrooms
1 bathroom
1 car space
16,109m² land size
Apartment

$460,000


Property details

Owners Require a Sale Before Christmas

Having been cherished by the current owners for 22 years, this 2-bedroom, 1-bathroom unit offers a rare combination of convenience, comfort, and low-maintenance living in the sought-after Fairway Park community. Perfectly positioned close to schools, transport, and recreational facilities, this property is ideal for first-home buyers, downsizers, or astute investors.

Key Features:
• Low-maintenance unit within the established Fairway Park community
• 69m² of well-designed living space built in 1991 with fibreglass batt insulation
• Reverse cycle air conditioning and electric hot water system
• Modern electric oven and stovetop
• Relax and unwind on your private balcony, a favourite spot of the current owners
• School bus stop across the road and nearby public transport, including bus and light rail to Dickson
• Gym across the road, plus tennis and hockey complexes for the sports-minded
• Enjoy the energy and privacy of Fairway Park, close to two well-regarded schools and all amenities
• $525 week rental = $27,300 Annually in rental income, roughly 6% rental Yield

The owners are happy for buyers to move in under an early-occupancy agreement at a discounted rent of $400 per week.

Owner's Insights:
The owners are moving as part of succession planning, but have loved the location, security, and lifestyle this unit provides.

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

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

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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