29 Kinsella Street, Higgins ACT 2615

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

  • Aerial View
  • Front View
  • Back View
  • Kitchen
  • Kitchen
  • Bathroom
  • Back View
  • Back View
  • Front View
  • Front Access
  • SitOut
  • Green Land
  • Front View
  • Floorplan

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

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

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

  • Snapshot Labelled Side View1 Design 384
  • Dimension Floorplan 384
  • Furniture Floorplan 384
  • Elevations

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: 8.18% 

Get Help Securing This Opportunity:

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