Qualified Properties For Secondary Residence Potential
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: 735000 | ||
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: 29/12/22 |
Photos:
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): 2248% | Income to rent ratio: 29% | ||
Download Suburb Profile: Profile - December 2022 |
Property Purchase Recommendation Summary
Recommend Purchase Price: $735,000 | Estimated Stamp Duty: $24,552 | ||
Approx Legal And Building Report Costs: $3,000 | 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 Brochure - 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: $794,552 | Potential Combined Gross Rental Annual Income: $65,000 | ||
Potential Gross % Return: 8% |
Contact Us
-
6/80 Emu Bank, Belconnen ACT
2617, Australia - [email protected]
- 0400 446 605