295/1 Mouat Street, Lyneham, ACT 2602

Over a decade ago, this spacious two-bedroom unit was purchased by the homeowner as a strategic investment, with the promise of consistent returns. Since then, it has lived up to those expectations and more, never once standing vacant. A reliable rental yield has made it a cornerstone of the homeowner's portfolio, but now, the time has come to offer this opportunity to someone new – whether it's a first-time buyer seeking their perfect first home or another astute investor looking for a solid addition.

From the moment you step inside, it's easy to see why tenants and homeowners alike are drawn to this unit. The open plan layout gives a sense of freedom, with light streaming in from wall-to-wall glass sliding doors that lead onto a private balcony. It's a space that invites relaxation, offering views of Lyneham Sports Oval and the serene backdrop of Black Mountain and Telstra Tower – a secluded escape within the bustling city.

Inside, the oversized master bedroom is truly a retreat. Featuring a walk-through wardrobe, private ensuite, and direct access to the balcony, it's a space designed for both comfort and privacy. The second bedroom, also generously sized, includes a built-in mirrored wardrobe, making it an ideal guest room, study, or even a child's room for a growing family. Both bathrooms, fully tiled and modern, complete the home's sense of functionality and style.

This unit is also a gateway to an enviable lifestyle. Situated on the seventh floor of the sought-after 'AXIS' complex in Lyneham, residents are spoiled with amenities that make everyday living a breeze. A generous indoor lap pool, a fully equipped gym, and a communal BBQ area mean that leisure and entertainment are always at your fingertips. Two secure, allocated basement car spaces complete the list, promising a unit that offers convenience in every aspect of life.

For the first-time homebuyer, this property represents an exceptional entry into the market. With its proximity to the light rail, local schools, and Dickson's bustling shopping precinct, everything you need is within walking distance. From groceries at Woolworths or Coles to a quick takeaway at one of the many eateries, life here is about simplicity and ease. And for those days when you want to explore, the Canberra CBD, Belconnen, and Gungahlin are just a short commute away.

Investors, too, will recognize the appeal of this unit. Its prime location, never-ending demand from renters, and well-maintained complex make it a solid, low-maintenance addition to any portfolio. The nearby Capital Region Farmers Markets, local sporting facilities, and well-established schools only add to its attraction for prospective tenants, ensuring the unit remains a highly sought-after rental.

This unit has served its current owner well, providing both financial stability and peace of mind for years. Now, it's ready to do the same for someone new. Whether you're searching for your first home or a sound investment, this property offers the best of both worlds – a vibrant, connected location with all the comforts of home.


More Details:
- Situated on the 7th floor of the 'AXIS' complex in Lyneham
- Intercom & lift access
- High quality fixtures & fittings throughout
- Master bedroom ft. walk-through wardrobe, direct access to balcony, A/C unit & private ensuite
- Fully tiled ensuite ft. large shower
- Generous second bedroom ft. built-in wardrobe with mirrored sliding doors
- Spacious open plan living, kitchen & dining ft. reverse cycle A/C unit
- Kitchen ft. breakfast bar, stone benchtops, double stainless-steel sink & European electric appliances including 4 burner cooktop, built-in oven & dishwasher
- European laundry, neatly tucked into far end of kitchen
- Large separate linen cupboard
- Wall-to-wall glass sliding doors to balcony ft. block out roller blinds
- Balcony overlooking internal recreation with views of Lyneham Sports Oval, Black Mountain & Telstra Tower
- Fully tiled main bathroom ft. large shower
- Two allocated, secure basement car spaces ft. storage shed
- On-site visitor parking
- Complex amenities including indoor lap pool, equipped gym & communal courtyard/BBQ area 
- Unbeatable location, within walking distance of local amenities (see below)
- Short commute to Canberra CBD & surrounding suburbs including Belconnen & Gungahlin
- Short commute to EPIC's Capital Region Farmers Markets (every Saturday)
- EER: 6 stars
- Approx. Living Size: 90.7 sqm
- Approx. Balcony Size: 14.1 sqm
- Approx. Council Rates: $483 per quarter
- Approx. Strata Levies: $1216.41 per quarter
- Approx. Sinking Admin Fund: $737.79 per quarter
- Approx. Rental Return: $550 - $600 per week


- Within walking distance of local amenities including:
**Light rail station with easy access to Canberra CBD
*Lyneham Sports Oval & sporting facilities including netball courts, volleyball courts & Canberra archery club
**Dickson Shops including Wooloworths, Coles & boutique shops
**Liquor stores including BWS & Dan Murphy's
**Local eateries/takeaway including McDonalds, KFC, Asian Noodle House & cafes
**Local pubs including Dickson Taphouse & The Tradies
**Dickson Newsagency
**Dickson Library
**Dickson Pool
**Old Canberra Inn
**Local schools including Lyneham Pre-School & Brindabella Christian College