Potential Gross Return: 5.78% 

Address: 50 Bradfield Street, Downer ACT 2602

Block-Size: 1018 sqm

Block: 18

Section: 68

Type: House

House/Building Size: TBC

Bedrooms: 4

Bathrooms: 2

Garaging/Car Spots: 1

EER: 0

Unimproved Value (2022): $1,020,000 (2022)

UV Price Ratio: 97.14%

Sales Method: $1,180,000 (Private Treaty)

Recommend Purchase Price: $1,050,000

Rates Residential 2022: $4,677* 

Land Tax Residential 2022: $8,039* 

Property Link: https://www.allhomes.com.au/50-bradfield-street-downer-act-2602

Marketing Agent: Craig Bright and Carly Hutch

Date Added: 11/01/2023

  • Front View
  • Back View
  • Back View
  • Back View
  • Deck
  • Kitchen
  • Bedroom
  • Bedroom
  • Bedroom
  • Living Area
  • Bedroom
  • Bathroom
  • Bedroom
  • Bathroom
  • Living Area
  • Living Room
  • Block Diagram

Block Details:

Block Size: 1018 sqm

Block Type: Large Block

Zoning:  RZ1: SUBURBAN

Frontage Approx:

Precinct Code: 50 Bradfield Street, Downer ACT 2602 Precinct Code Download 

Heritage: N/A

Planning Assessment Report: PAR - 50 Bradfield Street, Downer ACT 2602

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

Suburb Information:

Median House Price (2022): $1,300,000

Median House Rent (2022): $670

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

Rental Vacancy Rate (2022): 1.08%

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

Income to Rent Ratio:  30%

Download Suburb Profile:  Downer Profile - January 2023

Property Purchase Recommendation Summary:

Recommend Purchase Price: $1,050,000

Estimated Stamp Duty: $43,150

Approx Legal and Building Report Costs: $3,000

Total Purchase Investment: $1,093,150

Recommended Secondary Residence:  

Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-384

Approx Turnkey Build Cost inc GST: $345,000

Downloadable Brochure: Design Brochure - 384 

Download Proposal:

  • Snapshot Labelled View1 Design 384
  • Dimension Floorplan
  • Furniture Floorplan
  • Elevations

Potential Rental Income:  

Rental Income Stratgety:

Potential Gross Weekly Rental Income of Existing Property: $800

Potential Gross Weekly Rental Income of Recommended Design: $800 

Potential Combined Gross Weekly Income:  $1,600 

Potential Combined Gross Annual Income: $83,200

Financial Summary:

Total Purchase and Build Investment: $1438150

Potential Combined Gross Rental Annual Income: $83,200

Potential Gross % Return: 5.78% 

Get Help Securing This Opportunity:

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