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The Canberra Times
The Canberra Times

Lyneham's Newlyne precinct set to transform Inner North living over the next decade

Wrapping the fairways of the Yowani Country Club golf course, one of Canberra's newest precincts is starting to take shape.

Spanning more than nine hectares in Lyneham, the long-term Newlyne development is set to bring apartments, retirement living, retail and wellness offerings, commercial spaces and expansive public green areas to the Inner North.

The ambition is to create a precinct that feels less like a standalone apartment development and more like a connected Inner North neighbourhood. Picture supplied

Over the next decade, developer TP Dynamics expects Newlyne to evolve into a new neighbourhood, delivering around 1000 dwellings alongside a proposed 10,000-square-metre central park and playground.

Set to be delivered in three stages over the next eight to 10 years, the first phase of development focuses heavily on residential living. It will include the apartment buildings Moiré and Mattone, the townhouse offering Mason and luxury retirement living, with excavation works already underway.

At the heart are Mattone and Moiré, two distinct residential offerings aimed at different buyers.

Mattone includes 87 apartments with one-, two-, and three-bedroom layouts, plus a limited number of three-bedroom penthouses with a study. Interiors include 2.7-metre living-room ceilings, stone benchtops, and Smeg appliances.

Moiré is positioned as the precinct's more premium residential offering, with a smaller collection of oversized apartments and higher-end inclusions.

The building will include 54 apartments, ranging from one-bedroom through to expansive four-bedroom homes and a single five-bedroom penthouse. All apartments include either an oversized balcony or a generous courtyard.

A penthouse option in the Mattone building. Picture supplied

"Mattone offers more affordable options, but still with quality inclusions and views, while Moiré has higher-spec finishes, and a superior position and views," says Kenneth Kong from TP Dynamics.

"Apartments in both buildings have the option of either light or dark colour schemes, both of which we have on show in our displays. And we're also quite flexible for buyers who want to upgrade their appliances."

Most residences are oriented towards the neighbouring fairways, the proposed parkland or the wider Canberra landscape, giving the development an outlook uncommon for higher-density inner-city living.

Stage one of Newlyne is expected to reach completion in mid-2027.

TP Dynamics is also attempting to address barriers to apartment ownership through its Dynamic Pathway initiative. Available to eligible first home buyers, the initiative provides up to $25,000 in home ownership assistance when they buy at Newlyne.

"Dynamic Pathway is designed to support a generation of first-home buyers who have worked hard to enter the property market and are still managing the many costs associated with home ownership beyond settlement," says TP Dynamics managing director and founder Tony Pan.

TP Dynamics has considered options for all types of property seekers. Picture supplied

"For many, a first home is one of the biggest purchases they will ever make, and this initiative gives eligible buyers a genuine head start to their home ownership journey."

The assistance is paid after settlement to help buyers cover additional home ownership costs.

Beyond the apartments, Newlyne's longer-term vision stretches well beyond residential living. Future stages are expected to introduce hospitality offerings, wellness facilities, medical spaces and additional commercial buildings, all arranged around the retained golf course and a proposed 10,000-square-metre central park.

The spaces are designed to be highly connected and walkable, with landscaped paths weaving through the precinct, and ample public transport connections nearby.

Kong says the commercial mix will complement what's on offer in the Inner North, including the proposed addition of 400 carparks.

"We have five buildings proposed, and they're all quite different," he says. "One is a hotel, another is an entirely wellness-oriented building, which is probably the first of its kind in Canberra. Another would be a medical specialist building."

Kong says the ambition is to create a "precinct that feels less like a standalone apartment development and more like a connected Inner North neighbourhood".

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