Back 104/5 Burnie Street
Off Market

104/5 Burnie Street

Lyons ACT 2606

1
1
1
Apartment
Tom EllisTom Ellis, last sold this property on 23 October 2023 after 4 days on market.

Overview

Central location with views!

Fourth floor in the "Sorell" complex! This spacious one bedroom unit is bathed in morning sun light and offers views to the east and north east from the living room. It is located only several minutes stroll to Westfield Woden and the express bus directly into the city centre. The living opens onto the covered balcony and the bedroom also captures the view and sunny aspect. The kitchen has plenty of cupboards and features all modern appliances and an engineered stone benchtop. The bathroom is combined with the laundry. This room is much larger than you will find in many other one bedroom properties. The apartment presents as new. It was built by Hindmarsh Construction and the development features shady garden areas, an inground swimming pool, BBQ facilities and security car parking with individual storage lockers. If you are looking for an investment property this property is currently rented on a monthly tenancy to great tenants at $450per week. Features include: - Located on the fourth floor - Double glazed windows - Reverse cycle air-conditioning - Views to the East - Sunny aspect - Swimming pool - Security access to building - BBQ area - Shady garden areas - Security carparking - Storage locker - Lift access - Walk to express bus to city - Walk to Westfield Woden Rental guide:$450pw Home size: 60sqm living approx Balcony size: 9sqm approx Rates: $1,540 pa approximately Body Corporate fees:$1,144.38pq approx Land Tax: $2,000pa approximately (if rented)

Features

1 bedroom
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Lyons over the last 12 months, the estimated median property value of 104/5 Burnie Street is $310k.

Median value
$310k
Estimated value range
$247k - $480k
Median days on market
44
Estimated value trend
-29%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Lyons. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 104/5 Burnie Street

2024
Rented
Undisclosed
Leased on 13 Nov 2024 by Cream Residential
2023
Sold
Undisclosed
Private Sale/Treaty on 23 Oct 2023 by Tom Ellis, of Bertram Ellis
2022
Rented
Undisclosed
Leased on 14 Dec 2022 by Independent Property Group North

Happy sellers in Lyons

<50%
Less than 50% of sellers in Lyons reported that their sale price either exceeded or met their price expectations.

Lyons stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 13 reviews in Lyons over the last 12 months.

Local market activity for 1 bedroom apartments in Lyons

In the last 12 months, 5 one-bedroom apartments similar to 104/5 Burnie Street, have been sold.

This represents a 17% increase in one-bedroom apartments sales when compared to the previous 12 months.

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