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:

Website Disclaimer  

We have done our best to ensure that the information provided on this Website and the resources available for download are accurate and provide valuable information. Regardless of anything to the contrary, nothing available on or through this website should be understood as a recommendation that you should not consult with a qualified financial advisor to address your personal circumstances and needs. The business expressly recommends that you seek advice from a professional.  

The information contained on this Website and the resources available for download intended as, through this website is not intended as, and shall not be understood or construed as, financial advice. I am not a solicitor accountant or financial advisor, nor am I holding myself out to be, and the information contained on the website is not suitable for financial advice from a professional who is aware of the facts and circumstances of your individual situation.