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Qualified Properties For Secondary Residence Potential

Potential Gross Return: 5.73%

Address: 4 Bardsley Place, Holt ACT 2615 Block-Size: 806 sqm
Block: 11 Section: 38
Type: House House/Building Size: TBC
Bedrooms: 4 Bathrooms: 1
Garaging/Car Spots: 3 EER: 0.0
Unimproved Value: 501,000 (2022) UV Price Ratio: 63.82%
Sales Method: Private Treaty Recommend Purchase Price: 785000
Rates Residential: $2,677* Land Tax Residential: $4,010*
Property Link: https://www.allhomes.com.au/4-bardsley-place-holt-act-2615 Marketing Agent: Jeremy Julian
Date Added: 24/05/23

Photos:

Block Details

Block Size: 806 sqm Block Type: Large Block
Zoning: RZ1: SUBURBAN Frontage Approx:
Precinct Code: 4 Bardsley Place, Holt ACT 2615 Precinct Code Download Heritage: N/A
Planning Assessment Report: PAR - 4 Bardsley Place, Holt ACT 2615

 

Suburb information

Median house price: 732500 Median house rent: 635
Suburb highest price: 947000 Rental vacancy rate: 0.39
Medium household income (Census 2021): $1,983 Income to rent ratio: 32%
Download Suburb Profile: Profile - May 2023

Property Purchase Recommendation Summary

Recommend Purchase Price: $785,000 Estimated Stamp Duty: $27,265
Approx Legal And Building Report Costs: $3,000 Total Purchase Investment: $812,265

Recommended Secondary Residence

Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-160 Approx Turnkey Build Cost inc GST: $229,575
Downloadable Brochure: Design Brochure - 160 Download Proposal: PAP - 4 Bardsley Place, Holt ACT 2615

 

Potential Rental Income

Rental Income Stratgety: Potential Gross Weekly Rental Income of Existing Property: $650
Potential Gross Weekly Rental Income of Recommended Design: $500 Potential Combined Gross Weekly Income: $1,150
Potential Combined Gross Annual Income: $59,800

Financial Summary

Total Purchase and Build Investment: $1,041,840 Potential Combined Gross Rental Annual Income: $59,800
Potential Gross % Return: 6%

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