Potential Gross Return: 7.34% 

Address: 144 Belconnen Way, Scullin ACT 2614

Block-Size: 1111 sqm

Block: 39

Section: 45

Type: House

House/Building Size: TBC

Bedrooms: 3

Bathrooms: 2

Garaging/Car Spots: 2

EER: 1.0

Unimproved Value (2022): $464,000 (2022)

UV Price Ratio: 58.00%

Sales Method: Private Treaty

Recommend Purchase Price: $800,000

Rates Residential 2022: $2,583* 

Land Tax Residential 2022: $3,805* 

Property Link: https://www.allhomes.com.au/144-belconnen-way-scullin-act-2614

Marketing Agent: Jason Roses and Elizabeth Da Pozzo

Date Added: 28/10/2022

  • Front View
  • Drone View
  • Kitchen
  • Hall
  • Hall
  • Hall
  • Hall
  • Garden Area
  • Garden Area
  • Garden Area
  • Garden Area
  • Bathroom
  • Hall
  • Bathtub
  • Bathroom
  • Kitchen
  • Bedroom
  • Bedroom
  • Drone View
  • Drone View
  • Floorplan

Block Details:

Block Size: 1111 sqm

Block Type: Large Block

Zoning:  RZ1: SUBURBAN

Frontage Approx:

Precinct Code: 144 Belconnen Way, Scullin ACT 2614 Precinct Code Download 

Heritage: N/A

Planning Assessment Report: PAR - 144 Belconnen Way, Scullin ACT 2614

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

Suburb Information:

Median House Price (2022): $880,000

Median House Rent (2022): $650

Suburb Highest Price (2022): $1,386,500​​

Rental Vacancy Rate (2022): 0.39%

Medium Household Income (Census 2021):  $2,025

Income to Rent Ratio:  32%

Download Suburb Profile:  Scullin Profile - October 2022

Property Purchase Recommendation Summary:

Recommend Purchase Price: $800,000

Estimated Stamp Duty: $28,150

Approx Legal and Building Report Costs: $3000

Total Purchase Investment: $828,150

Recommended Secondary Residence:  

Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-420

Approx Turnkey Build Cost inc GST: $340,000

Downloadable Brochure: Design Brochure 420 

Download Proposal:

  • Snapshot Labelled Aerial View 3 Design 420
  • Snapshot Labelled Aerial View 2 Design 420
  • Snapshot Labelled Aerial View 1 Design 420
  • Snapshot Labelled Aerial View Design 420
  • Dimension Floorplan Design 420
  • Furniture Floorplan Design 420
  • Elevations Design 420

Potential Rental Income:  

Rental Income Stratgety:

Potential Gross Weekly Rental Income of Existing Property: $650

Potential Gross Weekly Rental Income of Recommended Design: $1,000 

Potential Combined Gross Weekly Income:  $1,650 

Potential Combined Gross Annual Income: $85,800

Financial Summary:

Total Purchase and Build Investment: $1,168,150

Potential Combined Gross Rental Annual Income: $85,800

Potential Gross % Return: 7.34% 

Get Help Securing This Opportunity:

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