1C/62 Wattle Street Lyneham ACT 2602

Lyneham unit | 2 bed multi-unit building | high land value component | recent comparable sales growth This unit presents a competitively strong entry into a high-demand suburb, anchored by its significant underlying land value within a large, established complex. The configuration suits investors seeking yield or budget-conscious owner-occupiers, with recent building sales demonstrating consistent capital growth. Its position is defined by the suburb’s robust unit median, offering a pathway into Lyneham below the house market premium. Decision hinges on the specific unit’s condition within the 55-property building, a material risk given the absence of data on finishes, aspect, and building health. The high statutory charges directly impact cash flow, demanding a precise valuation against recent sales like 6C at $495k. Secure this property only after a strata report and building inspection; our report provides the real market valuation and locality risk assessment to frame this commercial logic.