Potential Gross Return: 8.18%
Address: 29 Kinsella Street, Higgins ACT 2615
Block-Size: 731 sqm
Block: 7
Section: 43
Type: House
House/Building Size: TBC
Bedrooms: 3
Bathrooms: 1
Garaging/Car Spots: 1
EER: 1.0
Unimproved Value (2022): $550,000 (2022)
UV Price Ratio: 74.83%
Sales Method: Private Treaty
Recommend Purchase Price: $735,000
Rates Residential 2022: $2,810*
Land Tax Residential 2022: $4,296*
Property Link: https://zango.com.au/sale/29-kinsella-street-higgins-act-2615-71578/
Marketing Agent: Tim and Annabelle McInnes
Date Added: 29/12/2022
Block Details:
Block Size: 731 sqm
Block Type: Large Block
Zoning: RZ1: SUBURBAN
Frontage Approx:
Precinct Code: 29 Kinsella Street, Higgins ACT 2615 Precinct Code Download
Heritage: N/A
Planning Assessment Report: PAR - 29 Kinsella Street, Higgins ACT 2615
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): $2,248
Income to Rent Ratio: 29%
Download Suburb Profile: Higgins Profile - December 2022
Property Purchase Recommendation Summary:
Recommend Purchase Price: $735,000
Estimated Stamp Duty: $24,552
Approx Legal and Building Report Costs: $3000
Total Purchase Investment: $759,552
Recommended Secondary Residence:
Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-384
Approx Turnkey Build Cost inc GST: $35,000
Downloadable Brochure: Design Brouchure - 384
Download Proposal: PAP - 29 Kinsella Street, Higgins ACT 2615
Potential Rental Income:
Rental Income Stratgety:
Potential Gross Weekly Rental Income of Existing Property: $550
Potential Gross Weekly Rental Income of Recommended Design: $700
Potential Combined Gross Weekly Income: $1,250
Potential Combined Gross Annual Income: $65,000
Financial Summary:
Total Purchase and Build Investment: $794552
Potential Combined Gross Rental Annual Income: $65,000
Potential Gross % Return: 8.18%
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