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.
The House at 16 Mackennal Street LYNEHAM, ACT 2602 has been sold 1 time before, with the most recent sale being for $1,265,000 on 14 August 2021.
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16 Mackennal Street LYNEHAM, ACT 2602 has 33 schools within 5 kilometres, with the closest being Lyneham Primary.
16 Mackennal Street is located within the suburb of Lyneham, which has a population of 5,112, a median age of 35 and an average household density of 2.1 people.