Potential Gross Return: 6.17% 

Address: 12 Dickinson Street, Watson ACT 2602

Block-Size: 882 sqm

Block: 18

Section: 24

Type: House

House/Building Size: TBC

Bedrooms: 3

Bathrooms: 1

Garaging/Car Spots: 1

EER: 0.5

Unimproved Value (2022): $927,000 (2022)

UV Price Ratio: 88.29%

Sales Method: $1,050,000 (Private Treaty)

Recommend Purchase Price: $1,050,000

Rates Residential 2022: $4,217* 

Land Tax Residential 2022: $7,141* 

Property Link: https://www.allhomes.com.au/12-dickinson-street-watson-act-2602

Marketing Agent: Brenden Blewitt

Date Added: 19/04/2023

  • Front View
  • Living Room
  • Living Room 2
  • Kitchen Room
  • Kitchen Room 2
  • Kitchen Room 3
  • Bed Room 1
  • Bed Room 2
  • Room With Window
  • Room With Light
  • Bath Room With Bathtub
  • Outside Area
  • Outside Area With Trees
  • Outside Area With Trees
  • Area With Trees 1
  • Area With Trees 2

Block Details:

Block Size: 882 sqm

Block Type: Large Block

Zoning:  RZ1: SUBURBAN

Frontage Approx:

Precinct Code: 12 Dickinson Street, Watson ACT 2602 Precinct Code Download 

Heritage: N/A

Planning Assessment Report: PAR - 12 Dickinson Street, Watson ACT 2602

  • Aerial View
  • Easement
  • Front Access
  • Length Of Boundaries
  • Offset
  • Floorplan
  • Roofing Envelope
  • Upper Level Setback
  • Verge Distance
  • Block Diagram

Suburb Information:

Median House Price (2022): $1,037,500

Median House Rent (2022): $700

Suburb Highest Price (2022): $1,240,000​​

Rental Vacancy Rate (2022): 1.03%

Medium Household Income (Census 2021):  $2,414

Income to Rent Ratio:  29%

Download Suburb Profile:  Watson Profile - April 2023

Property Purchase Recommendation Summary:

Recommend Purchase Price: $1,050,000

Estimated Stamp Duty: $43,150

Approx Legal and Building Report Costs: $3,000

Total Purchase Investment: $1,093,150

Recommended Secondary Residence:  

Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-161

Approx Turnkey Build Cost inc GST: $255,000

Downloadable Brochure: Design Brochure - 161 

Download Proposal: PAP - 12 Dickinson Street, Watson ACT 2602

  • Front View
  • Side View
  • Front View
  • Front View 2
  • Aerial View
  • Furniture Floorplan
  • Floorplan
  • Elevation

Potential Rental Income:  

Rental Income Stratgety:

Potential Gross Weekly Rental Income of Existing Property: $800

Potential Gross Weekly Rental Income of Recommended Design: $799 

Potential Combined Gross Weekly Income:  $1,600 

Potential Combined Gross Annual Income: $83,200

Financial Summary:

Total Purchase and Build Investment: $1348150

Potential Combined Gross Rental Annual Income: $83,200

Potential Gross % Return: 6.17% 

Get Help Securing This Opportunity:

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