Potential Gross Return: 5.85%

Address: 17 Feint Street, Conder ACT 2906

Block-Size: 643 sqm

Block: 17

Section: 221

Type: House

House/Building Size: TBC

Bedrooms: 3

Bathrooms: 1

Garaging/Car Spots: 1

EER: 1.0

Unimproved Value (2022): $421,000 (2022)

UV Price Ratio: 61.91%

Sales Method: Private Treaty

Recommend Purchase Price: $680,000

Rates Residential 2022: $2,344*

Land Tax Residential 2022: $3,287*

Property Link: https://www.allhomes.com.au/14-jenner-court-wanniassa-act-2903

Marketing Agent: Paul Corazza and Ray Moon

Date Added: 20/08/2022

Block Details:

Block Size: 643 sqm

Block Type: Large Block

Zoning: RZ1: SUBURBAN

Frontage Approx:

Precinct Code: 17 Feint Street, Conder ACT 2906 Precinct Code Download

Heritage: N/A

Planning Assessment Report: PAR - 17 Feint Street, Conder ACT 2906

Suburb information:

Median house price (2022): $701,000.00

Median house rent (2022): $550

Suburb highest price (2022): $865,000

Rental vacancy rate (2022): 0.16%

Medium household income (Census 2021): $2,574

Income to rent ratio: 21%

Download Suburb Profile: Profile - August 2022

Property Purchase Recommendation Summary:

Recommend Purchase Price: $680,000

Estimated Stamp Duty: $22,176

Approx Legal And Building Report Costs: $3,000

Total Purchase Investment: $702,176

Recommended Secondary Residence:

Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-384

Approx Turnkey Build Cost inc GST: $320,000

Downloadable Brochure: Design Brochure - 384

Download Proposal: PAP- 17 Feint Street, Conder ACT 2906

Potential Rental Income:

Rental Income Stratgety:

Potential Gross Weekly Rental Income of Existing Property: $500

Potential Gross Weekly Rental Income of Recommended Design: $650

Potential Combined Gross Weekly Income: $1,150

Potential Combined Gross Annual Income: $59,800

Financial Summary:

Total Purchase and Build Investment: $1,022,180.00

Potential Combined Gross Rental Annual Income: $59,800

Potential Gross % Return: 6.00%

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