Qualified Properties For Secondary Residence Potential
Potential Gross Return: 6.14%
Address: 339 Southern Cross Drive, Holt, ACT 2615 | Block-Size: 706 sqm | ||
Block: 7 | Section: 5 | ||
Type: House | House/Building Size: TBC | ||
Bedrooms: 3 | Bathrooms: 1 | ||
Garaging/Car Spots: 1 | EER: 0.5 | ||
Unimproved Value (2022): $439,000 (2022) | UV Price Ratio: 62.71% | ||
Sales Method: Auction (2023-02-04) | Recommend Purchase Price: 700000 | ||
Rates Residential 2022: $2,443* | Land Tax Residential 2022: $3,503* | ||
Property Link: https://www.realestate.com.au/property-house-act-holt-140673231 | Marketing Agent: Nathan Wood and Marissa Ellison | ||
Date Added: 30/12/22 |
Photos:
Block Details
Block Size: 706 sqm | Block Type: Large Block | ||
Zoning: RZ1: SUBURBAN | Frontage Approx: | ||
Precinct Code: 339 Southern Cross Drive, Holt, ACT 2615 Precinct Code Download | Heritage: N/A | ||
Planning Assessment Report: PAR - 339 Southern Cross Drive, Holt, ACT 2615 |
Suburb information
Median house price (2022): $845,000 | Median house rent (2022): $620 | ||
Suburb highest price (2022): $1,400,000 | Rental vacancy rate (2022): 0.67% | ||
Medium household income (Census 2021): 1983% | Income to rent ratio: 31% | ||
Download Suburb Profile: Profile - December 2022 |
Property Purchase Recommendation Summary
Recommend Purchase Price: $700,000 | Estimated Stamp Duty: $23,040 | ||
Approx Legal And Building Report Costs: $3,000 | Total Purchase Investment: $723,040 |
Recommended Secondary Residence
Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-262 | Approx Turnkey Build Cost inc GST: $250,000 | ||
Downloadable Brochure: Design Brochure - 262 | Download Proposal: PAP - 339 Southern Cross Drive, Holt, ACT 2615 |
Potential Rental Income
Rental Income Stratgety: | Potential Gross Weekly Rental Income of Existing Property: $600 | ||
Potential Gross Weekly Rental Income of Recommended Design: $550 | Potential Combined Gross Weekly Income: $1,150 | ||
Potential Combined Gross Annual Income: $59,800 |
Financial Summary
Total Purchase and Build Investment: $973,040 | Potential Combined Gross Rental Annual Income: $59,800 | ||
Potential Gross % Return: 6% |
Contact Us
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6/80 Emu Bank, Belconnen ACT
2617, Australia - [email protected]
- 0400 446 605