Potential Gross Return: 5.66% 

Address: 32 Spofforth Street, Holt ACT 2615

Block-Size: 733 sqm

Block: 32

Section: 40

Type: House

House/Building Size: TBC

Bedrooms: 3

Bathrooms: 2

Garaging/Car Spots: 2

EER: 0.5

Unimproved Value (2022): $501,000 (2022)

UV Price Ratio: 62.70%

Sales Method: $799,000 (Private Treaty)

Recommend Purchase Price: $799,000

Rates Residential 2022: $2,677* 

Land Tax Residential 2022: $4,010* 

Property Link: https://www.allhomes.com.au/32-spofforth-street-holt-act-2615

Marketing Agent: Samantha Linsdell

Date Added: 23/02/2023

  • Front View
  • Barbeque Area
  • Bathroom With Bathtub
  • Bedroom
  • Dining
  • Drone View 2
  • Drone View
  • Floorplan
  • Front View 2
  • Front View Side 2
  • Front View Side
  • Garden Area
  • Kitchen With Cook Top
  • Kitchen With Cupboards
  • Lawn Area Garden
  • Lawn Area Side View
  • Lawn Area
  • Living Room With Sofa
  • Living Room With Window
  • Outer Sitting Area
  • Sitting Area With Paragola
  • Sitting
  • Study Area
  • Upper Front View
  • Washroom

Block Details:

Block Size: 733 sqm

Block Type: Large Block

Zoning:  RZ1: SUBURBAN

Frontage Approx:

Precinct Code: 32 Spofforth Street, Holt ACT 2615 Precinct Code Download 

Heritage: N/A

Planning Assessment Report: PAR - 32 Spofforth Street, Holt ACT 2615

  • Aerial View
  • Block Diagram
  • Easement
  • Front Access
  • Length of Boundaries
  • Offset
  • Floorplan
  • Roofing Envelope
  • Upper Level Setback
  • Verge Distance

Suburb Information:

Median House Price (2022): $840,000

Median House Rent (2022): $620

Suburb Highest Price (2022): $1,553,333​​

Rental Vacancy Rate (2022): 0.51%

Medium Household Income (Census 2021):  $1,983

Income to Rent Ratio:  31%

Download Suburb Profile:  Holt Profile - February 2023

Property Purchase Recommendation Summary:

Recommend Purchase Price: $799,000

Estimated Stamp Duty: $28,091

Approx Legal and Building Report Costs: $3,000

Total Purchase Investment: $827,091

Recommended Secondary Residence:  

Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-306

Approx Turnkey Build Cost inc GST: $320,000

Downloadable Brochure: Design Brochure - 306 

Download Proposal: PAP - 32 Spofforth Street, Holt ACT 2615

  • Front View Design 306
  • Front View Design 306
  • Front View Design 306
  • Aerial View Design 306
  • Furniture Floorplan
  • Floorplan
  • Elevation Plan

Potential Rental Income:  

Rental Income Stratgety:

Potential Gross Weekly Rental Income of Existing Property: $700

Potential Gross Weekly Rental Income of Recommended Design: $750 

Potential Combined Gross Weekly Income:  $1,250 

Potential Combined Gross Annual Income: $65,000

Financial Summary:

Total Purchase and Build Investment: $1,147,091

Potential Combined Gross Rental Annual Income: $65,000

Potential Gross % Return: 5.66% 

Get Help Securing This Opportunity:

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