270/1 Mouat Street, Lyneham ACT 2602

2 bed, 1 bath, 1 car | Axis complex, Lyneham | Resort pool, gym | 85sqm internal | Strong school catchment The property offers a rare combination of generous internal space and resort-style amenities within a tightly held inner-north complex. The 85sqm floorplan is significantly larger than most newer two-bedroom units in the area, giving owner-occupiers genuine living space and investors a clear rental premium over smaller stock. The Axis complex’s pool, gym, and landscaped grounds add lifestyle appeal that supports both owner-occupier demand and tenant retention. With Lyneham Primary and High School within walking distance, this unit suits professionals, downsizers, and families seeking a low-maintenance foothold in a well-served suburb. The primary risk is the strata levy burden typical of amenity-rich complexes, which will compress net yield for investors and add to holding costs for owner-occupiers. The building’s age means no major capital works are imminent, but buyers should still review the sinking fund balance. The asking price sits at the upper end of recent comparable sales, so negotiation room exists—particularly if the property has been on market for more than a few weeks. For an investor, the rental estimate of mid-$500s per week delivers a gross yield around 5.5%, acceptable for the location but not exceptional. Hold this property for its location and floorplan advantage, not for short-term capital growth.