Back 604/241 Northbourne Avenue
Off Market

604/241 Northbourne Avenue

Lyneham ACT 2602

2
2
2
Apartment
Last sold for $680,000
Mark LarmerMark Larmer, last sold this property on 01 February 2026 after 94 days on market.

Overview

2 bed, 2 bath, 2 kitchen, 2 laundry, 2 balconies, 2 car spaces – 'Two' good an opportunity 'two' miss.

Situated on the 6th floor of the tightly-held Base 241 complex offering magnificent views to Black Mountain from its sought-after North and West corner which is positioned away from any road noise and not able to be built out thanks to current zoning regulations, this unique 'dual key' apartment is an exciting offering. The owner can reside in it, create an income stream or both simultaneously. The dual key option allows for each unit to be separately leased out or it can also be used as a single residence with multiple living spaces. Think the perfect housemate layout, not too close for comfort if you're living with family, or complete separation if subletting out either residence while living in the other. Such a unique floorplan is not easy to find in the more 'standard' Inner-City residences you may be used to seeing. Plus the roof top pool and entertaining area with built in TV acts as an extension to your living spaces and provides the perfect spot to relax with friends and family on the weekends. Get a glimpse into your new lifestyle by watching our detailed walk-through video prior to your inspection (and after!). It's our 24/7 salesperson, allowing you to get an excellent feel for the features and benefits of this unit including the living quarters, common area facilities, car parking and lock up storage. To get a copy of the digital brochure containing the full contract please send us an email from any of the web portals and note your full name and mobile number and it will be automatically sent to you. Features Overview: • North and West corner unit (away from Northbourne Avenue and any road noise) • Original owner - purchased off plan back in 2012, 3 years before the development was completed • Boutique development of just 68 units • Single level floorplan • Dual lift access direct to your authorised level from basement and ground (no stairs to navigate) • Off-form concrete ceilings • Double glazed windows and sliding doors throughout • Durable and eco-friendly bamboo flooring throughout (no carpets) • Heat recovery ventilation system • Ducted reverse cycle air conditioning throughout • Video intercom for guests • LED down lighting • 2 tandem allocated basement car spaces plus lockable storage enclosure • 12m, heated rooftop pool, lounging/recreation areas and outdoor TV • Solar panels to reduce energy costs for the strata (and therefore strata levy costs) • Light rail stop in front of the development offering direct access to City, Gungahlin and soon even Woden town centre. • Close proximity to ANU, UC, CIT, Calvary Hospital also City, Braddon and Dickson restaurants, cafes and lifestyle options • Vacant possession, so no need to wait for owners, or tenants, to relocate • Early access available via an occupation licence if you need to move quickly prior to settlement • Flexible settlement options if you have another property you want, or need, to sell or simply to have more time to secure financing The numbers (approx): • Internal living areas: 99m2 (70m2 + 29m2) • Size of balconies: 16m2 in total (8m2 each) • Height in building: 6 of 9 stories high • Age of unit: 10 years (Completed May 2015) • Strata levies: $8,352 p.a. • General Rates: $1,904 p.a. • Water & sewerage rates: $804 p.a. • Land Tax: $2,464 p.a. • Conservative rental potential for 1 bedroom unit (unfurnished 12m lease): $530/week • Conservative rental potential for bed sitter (unfurnished 12m lease): $460/week • Conservative rental potential for both units together (unfurnished 12m lease): $680/week • EER: 6 out of 6 stars • Balance of Admin and Sinking fund as of 30/09/25: $509,987 • Name of development: Base 241 • Units plan number: 4104 • Developer: John Gasson • Builder: Construction Control • Architects: Cox Architects • Strata manager: Grady's Strata, phone 62511214 • Number of units in complex: 68 Apartment A: • One bedroom unit with light filled main bedroom featuring double sliding doors to enter one side and exit the other, 3 door, mirrored sliding built in robe including shelving, two windows looking directly north with roller blinds • Three-way bathroom with full height tiling, extra-large shower with frosted glass, external ventilation window, separate toilet room, custom vanity with storage under, stone benchtop and mirrored storage overhead • European laundry with tub, stone benchtop, shelving and built in washer/dryer • Kitchen features mobile bench top on wheels that can be moved for the perfect configuration, microwave cavity, under bench SMEG oven, dishwasher drawer, 1.5 bowl sink, rangehood, four-burner electric cooktop, 20mm stone benchtop • North aspect and also West with views of Black Mountain and Brindabellas that cannot be built out from a very private balcony Apartment B: • Bedsitter design with two door sliding built in robe • Separate, North facing, private terrace with privacy shutters • Kitchenette with space for small fridge, dishwasher drawer, SMEG microwave combi oven, two-burner electric cooktop and rangehood, storage cupboards, splash back, single bowl sink, 20mm stone benchtop • European laundry with single sink, built in washer/dryer, • Bathroom with full height tiling, corner shower, toilet, custom vanity with stone benchtops and mirrored storage

Features

2 bedrooms
2 bathrooms
2 carspaces
2 open car spaces
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Lyneham over the last 12 months, the estimated median property value of 604/241 Northbourne Avenue is $532.48k.

Median value
$532.48k
Estimated value range
$370k - $732.5k
Median days on market
41
Estimated value trend
1%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Lyneham. 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 604/241 Northbourne Avenue

2026
Sold
$680,000
Private Sale/Treaty on 01 Feb 2026 by Mark Larmer, of Suburbia Real Estate - Mark Larmer & Aaron Lewis

Happy sellers in Lyneham

91%
91% of sellers in Lyneham reported that their sale price either exceeded or met their price expectations.

Lyneham stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 27 reviews in Lyneham over the last 12 months.

Local market activity for 2 bedroom apartments in Lyneham

In the last 12 months, 40 two-bedroom apartments similar to 604/241 Northbourne Avenue, have been sold.

This represents a 5% increase in two-bedroom apartments sales when compared to the previous 12 months.

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