Potential Gross Return: 5.22% 

Address: 24 Meeson Street, Chisholm ACT 2905

Block-Size: 743 sqm

Block: 27

Section: 504

Type: House

House/Building Size: TBC

Bedrooms: 3

Bathrooms: 1

Garaging/Car Spots: 3

EER: 1.5

Unimproved Value (2022): $450,000 (2022)

UV Price Ratio: 60.00%

Sales Method: Private Treaty

Recommend Purchase Price: $750,000

Rates Residential 2022: $2,570* 

Land Tax Residential 2022: $3,777* 

Property Link: https://www.allhomes.com.au/24-meeson-street-chisholm-act-2905

Marketing Agent: Lauren Laing

Date Added: 25/08/2022

  • Front Area
  • Outside Area
  • Dining Area
  • Dining Room
  • Living Room
  • Room
  • Bedroom
  • Bedroom
  • Room With Cupboard
  • Outside Area
  • Garden Area
  • Back Area
  • Back View
  • Playing Area
  • Bathroom
  • 3D View

Block Details:

Block Size: 743 sqm

Block Type: Large Block

Zoning:  RZ1: SUBURBAN

Frontage Approx:

Precinct Code: 24 Meeson Street, Chisholm ACT 2905 Precinct Code Download 

Heritage: N/A

Planning Assessment Report: PAR - 24 Meeson Street, Chisholm ACT 2905

  • Aerial View
  • Block Diagram
  • Easement
  • Front View
  • Length Boundaries
  • OFS 1
  • Floor Plan
  • Roofing
  • Upper Level Setback
  • Verge Distance

Suburb Information:

Median House Price (2022): $845,000

Median House Rent (2022): $645

Suburb Highest Price (2022): $15,555,000​​

Rental Vacancy Rate (2022): 0.25%

Medium Household Income (Census 2021):  $2,292

Income to Rent Ratio:  28%

Download Suburb Profile:  Chisholm Profile - August 2022

Property Purchase Recommendation Summary:

Recommend Purchase Price: $750,000

Estimated Stamp Duty: $25,200

Approx Legal and Building Report Costs: $3000

Total Purchase Investment: $775,200

Recommended Secondary Residence:  

Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-124

Approx Turnkey Build Cost inc GST: $195,000

Downloadable Brochure: Design Brochure 124 

Download Proposal: PAP - 24 Meeson Street, Chisholm ACT 2905

  • Design Snapshot
  • Design Snapshot
  • Design Snapshot
  • Dimension Floor Plan
  • Furniture Floor Plan
  • Elevation Plan

Potential Rental Income:  

Rental Income Stratgety:

Potential Gross Weekly Rental Income of Existing Property: $550

Potential Gross Weekly Rental Income of Recommended Design: $425 

Potential Combined Gross Weekly Income:  $975 

Potential Combined Gross Annual Income: $50,700

Financial Summary:

Total Purchase and Build Investment: $970,200

Potential Combined Gross Rental Annual Income: $50,700

Potential Gross % Return: 5.22% 

Get Help Securing This Opportunity:

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