83/1 Mouat Street Lyneham

ACT 2602
Sold on 30th June 2022 Sold $425,000
Watch Video Brochure
About this property

Vacant and ready for you or your tenant immediately, high up on level 8

This single level, modern 1 bedroom apartment is perfectly positioned on level 8 of the 'Axis' building which offers resort-style luxuries of a 20m heated indoor pool and fully equipped gym as well as BBQ and common areas which are readily awaiting to host your friends and family all year round.

This premium apartment has been fittingly appointed & designed for ease of living. The stylish kitchen is beautifully finished & offers stainless steel appliances, dishwasher & stone bench tops with plenty of space to entertain & cook up a storm. The light filled, open plan living area features floor to ceiling windows & sliding doors that lead directly onto the elevated balcony which offers a wonderful, elevated outlook to the North over Southwell Park and playing fields. The large main bedroom has a built-in wardrobe with sliding mirrored doors and direct access to the balcony.

Live in owners and tenants alike are sure to appreciate the desirability of this Inner North location so investors can be assured of strong rental demand and high yields. It is a short walk to the Dickson shopping precinct with a vast array of restaurants, cafés and shops whilst Civic is just a 5-minute bus ride or light rail trip down Northbourne Avenue. With a location & facilities like this, every day will feel like a holiday, so make an inspection a priority, we would love to show you through.

To get a copy of the digital brochure containing an explanation of our friendly sales campaign and the full contract, please send us an email from the web portal and note your full name and mobile number and it will be automatically sent to you immediately.

Features overview:
-Level 8, facing East away from any busy roads
-East aspect with angled views on balcony to Southwell Park located to the North of Axis
-Single level apartment with lift access from basement carpark & ground (no stairs to negotiate)
-Large open plan living area with floor to ceiling windows and sliding door access to balcony
-Modern kitchen has stone bench tops & stainless-steel appliances including an electric oven and cooktop, new rangehood and integrated dishwasher
-Bathroom has toilet, vanity & a large shower
-Space saver, European laundry with dryer included
-Double linen cupboard
-Bedroom has full height, 3-door sliding, mirrored robe and sliding door access to balcony
-Reverse cycle air conditioning unit located in living room (heating and cooling)
-Halogen down lights throughout
-Fully covered balcony with elevated outlook
-1 allocated basement car spot in restricted entry basement (extra-large and end of row)
-Lock up, Colorbond storage enclosure at rear of car space
-Lots of additional visitor parking in the restricted access basement and on the ground level
-Voice intercom access for guests
-Vacant possession and available immediately
-Early access prior to settlement available if you need to move in quickly
-Flexible settlement options if you need to sell another property as part of the purchase

AXIS development features:
-Indoor heated pool, gymnasium & barbeque area
-Lots of visitor car parks both on the ground level and in the basement
-NBN – fibre to the building
-Cabled for broadband & pay TV
-Bike storage areas in basement
-On site building manager
-Centralised gas hot water system
-Pets welcome (subject to strata notification)

The Location:
-2 minute walk to Mouat light rail station
-5 minute walk to Dickson town centre
-6 minute drive to Canberra CBD
-Easy drive, bike, scooter, or light rail commute to the ANU
-Close to the Lyneham hockey centre, tennis courts, Next Gen Health Club & Yowani Golf Course

The Numbers:
-Unit size: 54m2
-Balcony size: 9.3m2
-Level: 8 of 10
-Age of unit: 10 years (built 2012)
-General Rates: $1,704 p.a.
-Water & sewerage rates: $684 p.a.
-Land Tax (investors only): $1,928 p.a.
-Strata levies: $4,972 p.a.
-Rental Potential: $500/week
-EER: 6 stars
-Current Admin fund balance as of 17th May 2022: $250,317
-Current Sinking fund balance as of 17th May 2022: $1,683,160
-Special purpose fund as of 17th May 2022: $90,396
-Units Plan number: 3704
-Number of units in Axis development: 350 units over 3 distinct buildings
-Strata manager: Signature Strata – phone (02) 61850347
-Builder/developer: Morris Property Group

The Offer Process:
To help buyers on value, we advertise a guide price which your offer must exceed
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
Offers can be subject to finance or unconditional and on a contract (preferred)
We have a solicitor pre-allocated to provide a FREE contract review and section 17 if required which will allow you to waiver any cooling off to go straight to conditional exchange

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Jason El-Khoury
Jason El-Khoury
Licensed Agent
0431 228 046