64 Launceston Street, Lyons

What you see: A rare opportunity to acquire an enitre six unit complex in the heart of the Woden Valley. A strategic investment situated on a 1,109m² RZ2 zoned block and currently returning $115,700 p.a. Perfectly positioned to capitalise on the areas strong growth and renewal. What we see: Immediate returns with future redevelopment potential. See more: Generous 1,109m² land holding RZ2 zoning allowing for potential future redevelopment Six 2 bedroom units currently all tenanted Current rental return of $115,700 p.a Six carports at the rear of the block Positioned to benefit from future Woden Valley transformation and renewal Full rental return breakdown and redevelopment concepts available on request Within 2 minutes’ walk to Lyons Ovals & Playground Within 3 minutes’ walk to Lyons Shops Within 3 minutes’ walk to Lyons Early Childhood School Within 4 minutes’ drive to Woden Town Centre Within 4 minutes’ drive to Canberra College Within 6 minutes’ drive to Canberra Hospital Within 14 minutes’ drive to Canberra City Total Internal Area: 470m² Carports: 103m² Block Size: 1,109m² Built: 1968 EER: 2.75 (average) Rates: $5,617 p.a (approx.) Land Tax: $11,890 p.a (approx. only applicable if rented) Hive Property Canberra © 2026.All rights reserved.