Ready to step out of the rental cycle, secure your first home, or grow your investment portfolio? This beautifully renovated, top-floor apartment in the tightly held Acacia Gardens complex in Lyneham delivers an outstanding opportunity in Canberra's highly sought-after Inner North.
Whether you're a first home buyer seeking an affordable entry into the Inner North, or an investor looking for a well-located, low-maintenance apartment with consistent tenant demand, this property delivers lifestyle appeal and long-term value.
The light-filled apartment features timber hybrid floors, an original functional kitchen, and an open-plan living area with a timber feature wall that's ready to enjoy from day one. The living room features full-length glazing that opens onto a generous balcony perfect for lazy evenings chill out or early morning coffee. The living space also features a split system air conditioner for comfort all year around.
The bedroom is a good size with a large built in robe for all of your needs. And the bathroom has a shower over the bath, a freestanding vanity and a new toilet.
Acacia Gardens is renowned for its strong community feel, offering shared vegetable gardens, fruit trees, a chicken run and spacious communal areas that encourage connection with neighbours. Perfectly positioned, you're within easy walking distance of Lyneham shops, Tilley's Devine Café Gallery, Dickson's vibrant dining and shopping precinct, the CBD, ANU, University of Canberra and the MacArthur Avenue light rail stop.
This apartment makes an ideal base or a high-performing investment, with strong appeal to a variety of tenants.
At a glance…
• Open-plan living and kitchen area
• Hybrid Timber flooring throughout
• Generous bedroom with built-in robe
• Balcony accessed from the living area
• Updated bathroom, with shower and bath
• Solid double-brick construction
• Single carport plus ample visitor parking and bicycle facilities
• Communal vegetable gardens and chicken enclosure
• Coin operated shared laundry facility in the same building
• Rear gate access to the Sullivans Creek Bike Path to the City and ANU
• Short walk to the MacArthur Avenue light rail stop
• Close to Lyneham shops and cafés
• Easy ride to ANU, University of Canberra, Dickson and the Cit.
Figures: (all measurements/figures are approximate)
Rates $613.00 (approx.) per quarter
Body corporate levies: $1,094 (approx.) per quarter
Land tax: $781 (approx.) per quarter (if purchased as an investment property)
Living area: 42 sqm
Balcony area: 11 sqm
EER: 0.0
Rental appraisal: $420-440 p/wk
