13 Devonport Street, Lyons, ACT 2606 - More Details

Auction

Rarely do investment opportunities present themselves on the market as good as this, with six units being sold as an entire block on a RZ2 1,071sqm* parcel of land. The corner location is ripe for redevelopment, directly opposite the local shops, a bus stop and a short distance to Lyons playing fields. A true blue chip investment, five of the six units are currently tenanted allowing for immediate returns, projected gross income per annum is $128,271*.

This is a very popular location situated only a stones throw to Woden, which is currently experiencing significant investment with six large scale residential projects are currently under construction. Woden CBD is currently one of the busiest development locations within the ACT with developers looking to capitalise on the recent Canberra Hospital upgrade, the new Canberra Institute of Technology complex and the future light rail project. Growth in the area is showing no signs of slowing down.

Features:
• Entire unit block being sold as one
• Six individual units, five currently tenanted
• RZ2 corner block
• 1,071sqm* of land
• EERs from 0.5 - 3.5 stars
• Prime location opposite the local Lyons shops
• Close to Woden CBD
• Recent and upcoming developments nearby including large residential buildings, Canberra Hospital upgrade, light rail Stage 2B - from Canberra CBD to Woden
• Hold and reap the returns, or redevelop and capitalise on significant demand for residential property in the area

For further information, please contact Zac or Campbell for the Information Memorandum

*Approx.
'Agent Interest'
Type
Block Of Units
Bedrooms
10
Bathrooms
6
Parkings
6
Area
1071m2

Inspections times

  • Inspection Sat 18 May 12:30 pm

    Saturday 18 May
    12:30 pm - 1:00 pm

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13 Devonport Street Lyons ACT 2606

Property FAQs

What is the current asking price for the 13 Devonport Street, Lyons, ACT 2606?

Blackshaw Real Estate City & Inner North Office has not listed a sale price for 13 Devonport Street, Lyons, ACT 2606. Contact the agent for a price guide.

How many bedrooms does the property listed 13 Devonport Street, Lyons, ACT 2606 feature?

13 Devonport Street, Lyons, ACT 2606 is a 10 bedroom Block Of Units.

What are the standout features of the 13 Devonport Street, Lyons, ACT 2606?

Explore all key property features for 13 Devonport Street, Lyons, ACT 2606. Click here to find out more.

What is the total land area and built-up area of the 13 Devonport Street, Lyons, ACT 2606?

The total land area and built-up area of the 13 Devonport Street, Lyons, ACT 2606 have not been disclosed. To find detailed information on the total land area and built-up area, contact the agent.

How many vehicles can be accommodated in the parking area of the 13 Devonport Street, Lyons, ACT 2606?

13 Devonport Street, Lyons, ACT 2606 can accommodated 6 vehicles in the parking area.

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