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: $700,000

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: 30/12/2022

  • Front View
  • Front View
  • Kitchen
  • Dining Area
  • Living Area
  • Living Area
  • Bedroom
  • Bedroom
  • Store Room
  • Room
  • Bathroom
  • Deck Area
  • Deck Area
  • Back View
  • Back View
  • Back View
  • Floorplan

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

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

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):  $1,983

Income to Rent Ratio:  31%

Download Suburb Profile:  Holt 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 Brouchure - 262 

Download Proposal: PAP - 339 Southern Cross Drive, Holt ACT 2615

  • Snapshot Labelled View1 Design 262
  • Snapshot Labelled View2 Design 262
  • Dimension Floorplan Design 262
  • Furniture Floorplan Design 262
  • Elevations Design 262

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: 6.14% 

Get Help Securing This Opportunity:

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