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5 Piguenit Close, Lyneham, ACT 2602

$936,888

House

Type

Bedrooms

Bathrooms

Parkings

669 m²

Area

Last updated on Monday, July 06, 2026 ( See property details for 5 Piguenit Close, Lyneham, ACT 2602)

$936,888

Chris Dixon LICENSED ACT & NSW AGENT

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Alexandra Deschanel Sales Associate to Chris Dixon

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AI Property Insight

AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile and well-located inner-city home offering excellent renovation potential on a spacious 669sqm block in Lyneham.

🏡 Property Highlights

Excellent inner-city location close to Lyneham's amenities and public transport
Potential for modern renovation and extension to maximise sunlight and space
Generous 669sqm block with a blank canvas backyard for creative landscaping
Sunken living room with characterful raked ceilings
Well-proportioned bedrooms, two with built-in robes
Convenient access to local schools, shops, and recreational areas

✨ Key Features

Air Conditioning
Built-in Robes
Outdoor Area
Open-Plan Living
Shed
Security Screens / Gates
Fly Screens
Waterfront / Views
Pet-Friendly
Garage / Secure Parking

Suburb and Property Insights of Lyneham, ACT 2602

Lyneham offers a vibrant inner-city lifestyle with easy access to Canberra CBD, local shops, parks, and excellent public transport options. The suburb features a mix of character homes and modern developments, making it ideal for families and professionals alike. Residents enjoy proximity to recreational facilities, schools, and a lively community atmosphere. The area is well-connected, with bike-friendly routes and walkable streets, ensuring convenience and a high quality of life.

Frequently Asked Questions

What is the condition of the property and what renovations are possible?

The property is well-presented and offers a blank canvas for modern upgrades or a significant extension to maximise sunlight and space, especially at the rear.

What are the potential rental returns for this property?

The potential weekly rent is estimated between $650 and $690, making it an attractive option for investors or owner-occupiers seeking a rental income.

How accessible are local amenities and public transport?

The property is conveniently located within walking distance to Lyneham's shops, ovals, playgrounds, and is just a short bike ride to the light rail and public transport options.

Is the backyard suitable for children and pets?

Yes, the large, low-maintenance backyard with a few trees provides a safe and spacious area for children and pets to enjoy.

Are there any development restrictions or planning considerations?

Potential buyers should verify with local council regarding any planning or zoning restrictions, especially if considering extensions or renovations.

What to ask about this property to agent?

Are there any hidden costs associated with the property, such as upcoming council rates or levies? Has the property been inspected for structural issues or pests? Are there any easements, covenants, or planning restrictions affecting the property? Is the property located in a flood or bushfire-prone area? Are there any ongoing or planned developments nearby that could impact the property’s value or lifestyle? What are the strata or body corporate considerations, if applicable? Are there any noise or nuisance issues from neighboring properties or nearby roads? Has the property been recently renovated or does it require significant work? Are there any existing warranties or guarantees on the property’s fixtures and fittings? What are the long-term plans for the surrounding area that could influence property value?

5 Piguenit Close, Lyneham, ACT 2602 - More Details

$936,888

Buyer guide $920,000+
Please Note - This property will be auctioned at Ray White Belconnen in rooms on Thursday 2/07/2026 at 5.00pm unless sold prior to.

Here lies an excellent opportunity to secure your slice of inner-city living. This neatly presented free-standing home is a blank canvas, calling for a smart, modern makeover for those seeking to add their own style rather than compromise with someone else's. Very liveable as is you could also take the time to meticulously plan a more significant transformation and extend to the rear to capture the northern sun and maximise the clear gently sloping block in what is a superb location.

Stepping indoors you are greeted by a sunken living room which is enhanced by raked ceilings, adding character. The kitchen is functional complete with meals area while all bedrooms are well proportioned, two with built-in robes. Comfort is assured year-round with a reverse cycle air conditioner in the living room.

The backyard is a true blank canvas, offering significant scope for the creative buyer. Low-maintenance with just a few smaller trees, the 669sqm block provides a wonderful foundation. It's a good space for shedding, gardens or a dedicated entertaining area, safe for children and pets.

Position is everything, and this home is perfectly situated to enjoy the best of inner-city life. It is only a short drive to local primary and high schools, making the morning routine effortless. The light rail is a short bike ride away and you're within easy walking distance to Lyneham's ovals, the local shops, and multiple playgrounds. An honest home which will reward its new owner with a super convenient inner city lifestyle where everything you need is just moments away.

- Reverse cycle air conditioner in living
- Large rear yard with only a few trees
- Store room
- Colour bond fencing with two side gates
- Lyneham Ridge Reserve a shorty walk away
- Local shops are a short away across the sports field
- Easy access to the light rail and public transport
- Moments from Dickson, Braddon and the Canberra CBD
- Living: 106sqm
- Land: 669sqm
- Potential rent: $650 - $690pw
- Rates: $4,231pa
- Land tax (if rented): 8,449pa

Disclaimer: All information regarding this property is from sources we believe to be accurate, however we cannot guarantee its accuracy. Interested persons should make and rely on their own enquiries in relation to inclusions, figures, measurements, dimensions, layout, furniture and descriptions.

Type: House
Bedrooms: 3
Bathrooms: 1
Parkings: 1
Area: 669 m²
House Size: 106 m²

Map & nearby places — 5 Piguenit Close, Lyneham, ACT 2602

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5 Piguenit Close, Lyneham, ACT 2602

$936,888

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