Qualified Properties For Secondary Residence Potential
Potential Gross Return: 5.56%
Address: 130 Pennefather Street, Higgins ACT 2615 | Block-Size: 760 sqm | ||
Block: 26 | Section: 25 | ||
Type: House | House/Building Size: TBC | ||
Bedrooms: 4 | Bathrooms: 2 | ||
Garaging/Car Spots: 1 | EER: 3.0 | ||
Unimproved Value (2022): $575,000 (2022) | UV Price Ratio: 74.19% | ||
Sales Method: Private Treaty | Recommend Purchase Price: 775000 | ||
Rates Residential 2022: $2,903* | Land Tax Residential 2022: $4,498* | ||
Property Link: https://www.allhomes.com.au/130-pennefather-street-higgins-act-2615 | Marketing Agent: Steve Lowe | ||
Date Added: 31/12/22 |
Photos:
Block Details
Block Size: 760 sqm | Block Type: Large Block | ||
Zoning: RZ1: SUBURBAN | Frontage Approx: | ||
Precinct Code: 130 Pennefather Street, Higgins ACT 2615 Precinct Code Download | Heritage: N/A | ||
Planning Assessment Report: PAR - 130 Pennefather Street, Higgins ACT 2615 |
Suburb information
Median house price (2022): $860,000 | Median house rent (2022): $650 | ||
Suburb highest price (2022): $1,300,000 | Rental vacancy rate (2022): 0.29% | ||
Medium household income (Census 2021): 2247% | Income to rent ratio: 29% | ||
Download Suburb Profile: Profile - December 2022 |
Property Purchase Recommendation Summary
Recommend Purchase Price: $775,000 | Estimated Stamp Duty: $26,675 | ||
Approx Legal And Building Report Costs: $3,000 | Total Purchase Investment: $801,675 |
Recommended Secondary Residence
Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-266 | Approx Turnkey Build Cost inc GST: $250,000 | ||
Downloadable Brochure: Design Brochure - 266 | Download Proposal: PAP - 130 Pennefather Street, Higgins ACT 2615 |
Potential Rental Income
Rental Income Stratgety: | Potential Gross Weekly Rental Income of Existing Property: $625 | ||
Potential Gross Weekly Rental Income of Recommended Design: $500 | Potential Combined Gross Weekly Income: $1,125 | ||
Potential Combined Gross Annual Income: $58,500 |
Financial Summary
Total Purchase and Build Investment: $1,051,680 | Potential Combined Gross Rental Annual Income: $58,500 | ||
Potential Gross % Return: 6% |
Contact Us
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6/80 Emu Bank, Belconnen ACT
2617, Australia - [email protected]
- 0400 446 605