Potential Gross Return: 5.28% 

Address: 11 Burn Street, Downer ACT 2602

Block-Size: 725 sqm

Block: 27

Section: 69

Type: House

House/Building Size: TBC

Bedrooms: 3

Bathrooms: 2

Garaging/Car Spots: 2

EER: 0

Unimproved Value (2022): $924,000 (2022)

UV Price Ratio: 93.33%

Sales Method: $990,000 (Private Treaty)

Recommend Purchase Price: $990,000

Rates Residential 2022: $4,288* 

Land Tax Residential 2022: $7,280* 

Property Link: https://www.allhomes.com.au/11-burn-street-downer-act-2602

Marketing Agent: Aniko and Peter Carey

Date Added: 21/03/2023

  • Front View
  • Front View 2
  • Living Room 1
  • Living Room 2
  • Dining Area 1
  • Living Area
  • Living Area
  • Kitchen
  • Middle Area
  • Bedroom Area
  • Bedroom 2
  • Bedroom 3
  • Bathroom Area
  • Bathroom Area
  • Garden Area
  • Outer Garden Area
  • Parking Area
  • Garden Area
  • Outside Area
  • Outside Metro Area
  • Floorplan

Block Details:

Block Size: 725 sqm

Block Type: Large Block

Zoning:  RZ1: SUBURBAN

Frontage Approx:

Precinct Code: 11 Burn Street, Downer ACT 2602 Precinct Code Download 

Heritage: N/A

Planning Assessment Report: PAR - 11 Burn Street, Downer ACT 2602

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

Suburb Information:

Median House Price (2022): $1,175,000

Median House Rent (2022): $670

Suburb Highest Price (2022): $1,175,000​​

Rental Vacancy Rate (2022): 1.19%

Medium Household Income (Census 2021):  $2,267

Income to Rent Ratio:  30%

Download Suburb Profile:  Downer Profile - March 2023

Property Purchase Recommendation Summary:

Recommend Purchase Price: $990,000

Estimated Stamp Duty: $39,360

Approx Legal and Building Report Costs: $3,000

Total Purchase Investment: $1,029,360

Recommended Secondary Residence:  

Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-256

Approx Turnkey Build Cost inc GST: $250,000

Downloadable Brochure: Design Brochure - 256 

Download Proposal: PAP - 11 Burn Street, Downer ACT 2602

Potential Rental Income:  

Rental Income Stratgety:

Potential Gross Weekly Rental Income of Existing Property: $700

Potential Gross Weekly Rental Income of Recommended Design: $600 

Potential Combined Gross Weekly Income:  $1,300 

Potential Combined Gross Annual Income: $67,600

Financial Summary:

Total Purchase and Build Investment: $1,279,360

Potential Combined Gross Rental Annual Income: $67,600

Potential Gross % Return: 5.28% 

Get Help Securing This Opportunity:

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