SoldAug 5, 2021

5/24 De Burgh Street, Lyneham, ACT, 2602

$500,000

2
1
1
74 m²

Apartment

13 days on the market

Sold: Aug 5, 2021

What's around 5/24 De Burgh Street

Nestled on the top floor of a boutique development in a quiet tree-lined street open on 3 sides

Are you looking to move closer to the city without breaking the budget yet don't want to lose the convenience of having 2 full bedrooms? Located walking distance to Lyneham & Dickson shops, you will be forgiven for double checking the price-guide for this single level, top floor, 2 bedroom apartment located only a hop, skip & jump (or scooter ride) away from the City. This end unit is on the North side of the building so has a light filled, spacious floorplan, created by windows on 3 sides of the apartment with plenty of room for a lounge & dining area which is designed to be segregated by furniture. This area extends onto the covered balcony with tree-top views towards Black Mountain, perfect for enjoying a quite drink whilst watching the sun go down. The modern kitchen is positioned along the north wall of the unit & features a pleasant pop of colour plus ample cupboard space, stone benchtop & stainless-steel appliances. The main bedroom features sliding built in robes and access to the en suite-style two-way bathroom. The second bedroom also features sliding built in robes & is perfect for a co-existing tenant, guest bedroom or study/home office, it could also work as a great media room for movie nights. 'Fusion' is perfectly positioned to offer all the lifestyle benefits of such a central location, it also includes all the modern conveniences you could want in a boutique development of only 7 apartments. Rarely in a complex of this size would you get the added bonus of an outdoor swimming pool, as well as individualised brick, lock up garages instead of open basement parking. Offer Process: To help buyers on value, we advertise a guide price which your offer must exceed Offers can be subject to finance or unconditional and on a contract (preferred) Offers are confidential & will not disclosed to other buyers for privacy purposes A 5% deposit is acceptable via eft just prior to exchange of contracts We have a solicitor pre-allocated to provide a FREE contract review and section 17 if required Features overview: - 3rd (top floor) position overlooking tree lined De Burgh St - North corner of the building, open to 3 sides - Boutique development of only 7 apartments - No basement car parking, each property has lock up garaging with remote controlled entry - Complex includes outdoor swimming pool & intercom access for guests - Pet friendly complex (subject to strata notification) - Vacant & available for immediate occupation - Flexible settlement options on offer if you have another place you want, or need, to sell The apartment: - New carpets, timber-loop laminate flooring and painting throughout 10m2 balcony with tree-top views towards Black Mountain - Kitchen has stone benchtops and stainless steel appliances including a dishwasher - Modern 2-way bathroom that can act like an ensuite - Both bedrooms and full sized and have sliding built in robes - Separate laundry room off kitchen with generous storage space & dryer included - Reverse cycle air conditioning wall mounted unit - Gas instantaneous and continuous hot water system (located on balcony) - Halogen down lighting in living room - Single lock up garage with brand-new remote door The numbers: - Internal living area: 74m² - Balcony: 10m2 - Single brick garage: 18m2 - Level in building: top level (3 of 3) - Number of units in development: 7 - Name of development: Fusion - Age of unit: 13.5 years (Built February 2008) - Strata levies: $4,974 p.a. - General rates: $2,295 p.a. - Land tax (investors only): $2,935 p.a. - Water & sewerage rates: $670p.a. - Estimated rental return (unfurnished): $500 per wk - EER: 5 stars - Current admin fund for complex as of 16/07/21: $3,801 - Current sinking fund for complex as of 16/07/21: $97,000 - Strata manager: Jerrin Mathew Independent Strata Phone 62091515 for strata search - Units plan number: 3192

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