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: $775,000

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: 31/12/2022

  • Bedroom
  • Bedroom
  • Bathroom
  • Bathroom
  • Front View
  • Back View
  • Back View
  • Back View
  • Back View
  • Deck Area
  • Front View
  • Front View
  • Drone View
  • Living Room
  • Living Room
  • Kitchen
  • Bedroom
  • Bedroom
  • Bedroom
  • Floorplan

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

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

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):  $2,247

Income to Rent Ratio:  29%

Download Suburb Profile:  Higgins Profile - December 2022

Property Purchase Recommendation Summary:

Recommend Purchase Price: $775,000

Estimated Stamp Duty: $26,675

Approx Legal and Building Report Costs: $3000

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 Brouchure - 266 

Download Proposal: PAP - 130 Pennefather Street, Higgins ACT 2615

  • Snapshot Labelled Aerial View Design 266
  • Dimension Floorplan Design 266
  • Furniture Floorplan Design 266
  • Elevation Design 266

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: $1,051,675

Potential Combined Gross Rental Annual Income: $58,500

Potential Gross % Return: 5.56% 

Get Help Securing This Opportunity:

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