Auction Location: In Rooms | LJ Hooker Canberra City | 182 City Walk, Canberra City

Auction: Wednesday 11th October 6:00pm
In Rooms | LJ Hooker Canberra City | 182 City Walk, Canberra City

Looking for an investment that's twice as nice, look no further than 16 Mackennal Street Lyneham, where two fantastic dwellings grace a sprawling block of land, offering endless possibilities and a steady rental income stream that exceeds $1000 per week!

Situated on a generous flat block of land, this property provides the rare opportunity for a knock-down rebuild, allowing you to create the home of your dreams in an unbeatable location. Alternatively, you can choose to retain both dwellings and continue reaping the benefits of the excellent rental income.

Nestled in the highly sought-after suburb of Lyneham, you'll enjoy the convenience of nearby shops, schools, and parks, as well as easy access to Dickson's thriving precinct and heart of Canberra in City Central. It's a location that promises a superb lifestyle and strong capital growth potential.

Please speak with Tim Russell at 0416 087 834 or Jackson White-Brettell at 0421 479 376 for further information or a private inspection.

Rates: $4,478 pa approx
Land Tax: $7,213 pa approx
EER: 1.0

All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided. Interested parties must solely rely on their own enquiries.