Welcome to 24 Lutana Street Lyons

Set on an enormous 1,182m² RZ2 block, this substantial five-bedroom, three-bathroom home presents an exciting opportunity in one of Woden Valley’s most convenient and sought-after suburbs.

Whether you’re searching for a large family home with plenty of space indoors and out, an investment property with strong rental appeal, or a prime development site, this property offers flexibility to suit a wide range of buyers.

The neighbouring block has already been transformed into a three-townhouse project of similar size, highlighting the redevelopment potential here (buyers to make their own enquiries). Alternatively, a comfortable five-bedroom home for your family.

Perfectly positioned within walking distance to Lyons' local shops and only moments to the Woden Shopping and Dining Precinct, you’ll have access to an array of cafés, restaurants, supermarkets, specialty stores, gyms, and entertainment options. Public transport and major arterial roads ensure easy connectivity across Canberra.

The existing residence is ideal for families, offering five generous bedrooms, three bathrooms, multiple living areas, and a huge backyard – plenty of room for children, pets, or entertaining. Alternatively, investors and developers will value the RZ2 zoning, which allows for dual occupancy or multiple dwellings (STCA).

Features include:
- 1,182m² RZ2 block with outstanding redevelopment potential
- Huge 5-bedroom, 3-bathroom home with versatile living spaces
- Exceptional family home, generous size
- Positioned near Lyons local shops and the Woden Shopping & Dining Precinct
- Close to cafes, supermarkets, specialty stores, gyms, and entertainment
- Easy access to public transport and major arterial roads
- Potential for dual occupancy or multiple dwellings (STCA)
- Excellent investment or development site in a high-demand location

This property is more than just a home – it’s a unique chance to secure one of Lyons’ largest RZ2 blocks and create your vision for the future in a premium location.

EER: 1 Stars (approx.)

Living: 195.62m² (approx.)
Garage: 28.94m² (approx.)
Carport: 36m² (approx.)
Verandah: 6.44m² (approx.)
Block: 1,182m² (approx.)

Rates: 4,837 per annum (approx.)
Land Tax: 9,977 per annum (approx.) - paid by investors only
Land Value: $960,000 (2024)