Back 64 Launceston St
Off Market

64 Launceston St

Lyons ACT 2606

12
6
6
Block of units
Matt ShipardMatt Shipard, last sold this property on 18 June 2025 after 55 days on market.

Overview

Fully tenanted 6-unit complex in prime location.

What you see: A rare opportunity to acquire an enitre six unit complex in the heart of the Woden Valley. A strategic investment situated on a 1,109m² RZ2 zoned block and currently returning $115,700 p.a. Perfectly positioned to capitalise on the areas strong growth and renewal. What we see: Immediate returns with future redevelopment potential. See more: Generous 1,109m² land holding RZ2 zoning allowing for potential future redevelopment Six 2 bedroom units currently all tenanted Current rental return of $115,700 p.a Six carports at the rear of the block Positioned to benefit from future Woden Valley transformation and renewal Full rental return breakdown and redevelopment concepts available on request Within 2 minutes' walk to Lyons Ovals & Playground Within 3 minutes' walk to Lyons Shops Within 3 minutes' walk to Lyons Early Childhood School Within 4 minutes' drive to Woden Town Centre Within 4 minutes' drive to Canberra College Within 6 minutes' drive to Canberra Hospital Within 14 minutes' drive to Canberra City Total Internal Area: 470m² Carports: 103m² Block Size: 1,109m² Built: 1968 EER: 2.75 (average) Rates: $5,617 p.a (approx.) Land Tax: $11,890 p.a (approx. only applicable if rented) Disclaimer: The material and information contained within this marketing is for general information purposes only. HIVE Property does not accept responsibility and disclaim all liabilities regarding any errors or inaccuracies contained herein. You should not rely upon this material as a basis for making any formal decisions. We recommend all interested parties to make further enquiries. By submitting an enquiry you are agreeing to opt in to further communication from HIVE Property PTY LTD in line with our Privacy Policy. A copy of our Privacy Policy can be found on our website.

Features

12 bedrooms
6 bathrooms
6 carspaces
6 open car spaces
Block of units

Estimated Value

We need at least 3 similar 12 bedroom block of units sold in Lyons over the last 12 months.

Property history for 64 Launceston St

2025
Sold
Undisclosed
Private Sale/Treaty on 18 Jun 2025 by Matt Shipard, of Hive Property Canberra
2016
Sold
$1,550,000
29 Jun 2016 by Chris Wilson, of Cream Residential

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 12 bedroom block of units in Lyons

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