Potential Gross Return: 5.98% 

Address: 4 Colton Place, Downer, ACT 2602

Block-Size: 705 sqm

Block: 30

Section: 50

Type: House

House/Building Size: TBC

Bedrooms: 2

Bathrooms: 1

Garaging/Car Spots: 1

EER: 0.5

Unimproved Value (2022): $900,000 (2022)

UV Price Ratio: 100.00%

Sales Method: $900,000 (Private Treaty)

Recommend Purchase Price: $900,000

Rates Residential 2022: $4,221* 

Land Tax Residential 2022: $7,148* 

Property Link: https://www.realestate.com.au/property-house-act-downer-141421244

Marketing Agent: Stephen Bunday and Goran Stefanoski

Date Added: 14/03/2023

  • Front View
  • Living Room
  • Living Room 2
  • Living Room 3
  • Kitchen Room
  • Dining Room
  • Bed Room 1
  • Bed Room 2
  • Bath Room
  • Garden Area
  • Back Area
  • Back Area 2
  • Floorplan
  • 3D View

Block Details:

Block Size: 705 sqm

Block Type: Large Block

Zoning:  RZ1: SUBURBAN

Frontage Approx:

Precinct Code: 4 Colton Place, Downer, ACT 2602 Precinct Code Download 

Heritage: N/A

Planning Assessment Report: PAR - 4 Colton Place, Downer, ACT 2602

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

Suburb Information:

Median House Price (2022): $1,287,500

Median House Rent (2022): $670

Suburb Highest Price (2022): $2,055,000​​

Rental Vacancy Rate (2022): 1.30%

Medium Household Income (Census 2021):  $2,267

Income to Rent Ratio:  30%

Download Suburb Profile:  Downer Profile - March 2023

Property Purchase Recommendation Summary:

Recommend Purchase Price: $900,000

Estimated Stamp Duty: $34,050

Approx Legal and Building Report Costs: $3,000

Total Purchase Investment: $934,050

Recommended Secondary Residence:  

Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-383

Approx Turnkey Build Cost inc GST: $325,000

Downloadable Brochure: Design Brochure - 383 

Download Proposal: PAP - 4 Colton Place, Downer, ACT 2602

  • Front View
  • Front_view_2
  • Front_View_3
  • Side View
  • Side View
  • Elevations
  • Floorplan
  • Floorplan- 2
  • Furniture Floorplan

Potential Rental Income:  

Rental Income Stratgety:

Potential Gross Weekly Rental Income of Existing Property: $650

Potential Gross Weekly Rental Income of Recommended Design: $800 

Potential Combined Gross Weekly Income:  $1,450 

Potential Combined Gross Annual Income: $75,400

Financial Summary:

Total Purchase and Build Investment: $1,259,050

Potential Combined Gross Rental Annual Income: $75,400

Potential Gross % Return: 5.98% 

Get Help Securing This Opportunity:

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