73/22 Archibald Street
Lyneham
Lyneham
2
1
1
5.5
For Sale: $450,000+
Ground Floor Apartment in the Sought-After Suburb of Lyneham
Perfectly positioned for convenience and offering a low-maintenance, lock up and leave lifestyle, this ground-floor apartment is an ideal option for first home buyers or investors seeking a reliable, set-and-forget addition to their portfolio.Designed with practicality in mind, this single-level ground floor residence holds a layout that feels more like a townhouse than a typical apartment. The open-plan living, dining, and kitchen area offers a functional space that flows effortlessly out to the secure, private courtyard, perfect for morning coffee or evening drinks.
The well-appointed kitchen features an electric Omega cooktop, Westinghouse oven, ample bench space, generous storage options, and a Fisher & Paykel dishwasher, catering to all your cooking needs. Both bedrooms include built-in robes for added convenience, while the cleverly designed European laundry maximises space and practicality.
Step outside to your sunny, East-facing courtyard-an ideal spot to relax with a book or soak up the winter sunshine without the hassle of garden maintenance. With no lawns to mow or leaves to rake, you can truly enjoy your weekends exploring the area.
Located less than 5km from Civic, you'll enjoy city proximity without the noise and congestion. Public transport is a breeze, with a bus stop practically on your doorstep and the light rail just a 10-minute stroll away. Local amenities are also within easy reach, including schools, parks, shops, cafes, and medical facilities, making this a superb lifestyle choice.
As an added bonus, the complex provides plenty of visitor parking along with a dedicated carport space. Plus, the iconic Old Canberra Inn is just next door-perfect for a casual meal or catch-up with friends.
If you're seeking a low-maintenance home in a well-connected location or a ready-made investment with reliable returns, this property ticks all the boxes.
Features:
• Located in 'Fairway Park'
• Currently tenanted at $480 til October 2025
• Ground floor apartment
• Spacious kitchen with electric cooktop
• Light-filled bedrooms
• Built in robes
• European laundry
• Split system heating and cooling
• Secure, fenced courtyard
• Carport
• 15 min walk to Lyneham shops
• 5 min walk to NextGen
• 17 min walk to Lyneham High School
Essentials:
EER: 5.5
Internal: 61m2
Balcony: 7m2
Rates: $1,682 p.a approx
Land tax: $2,058 p.a approx
Strata levies: $2,810 p.a approx
Strata company: LMM Solutions
Age: 1991
Expected Rental return: $490.00 to $520.00 per week
Tammy & Harriet