Call 7 days: 0400 446 605 Email: info@buyersagentcanberra.com.au

Qualified Properties For Secondary Residence Potential

Potential Gross Return: 6.72%

Address: 52 Companion Crescent, Flynn ACT 2615 Block-Size: 1037 sqm
Block: 2 Section: 21
Type: House House/Building Size: TBC
Bedrooms: 4 Bathrooms: 2
Garaging/Car Spots: 1 EER: 3.0
Unimproved Value: $505,000 (2022) UV Price Ratio: 64.33%
Sales Method: Auction (2023-04-29) Recommend Purchase Price: 785000
Rates Residential: $2,703* Land Tax Residential: $4,066*
Property Link: https://www.allhomes.com.au/52-companion-crescent-flynn-act-2615 Marketing Agent: Lawrence Jacobsen and Robert Peaker
Date Added: 05/04/23

Photos:

Block Details

Block Size: 1037 sqm Block Type: Large Block
Zoning: RZ1: SUBURBAN Frontage Approx:
Precinct Code: 52 Companion Crescent, Flynn ACT 2615 Precinct Code Download Heritage: N/A
Planning Assessment Report: PAR - 52 Companion Crescent, Flynn ACT 2615

 

Suburb information

Median house price: 863750 Median house rent: 650
Suburb highest price: 897500 Rental vacancy rate: 0.84
Medium household income (Census 2021): $2,728 Income to rent ratio: 24%
Download Suburb Profile: Profile - April 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-383 Approx Turnkey Build Cost inc GST: $325,000
Downloadable Brochure: Design Brochure - 383 Download Proposal: PAP - 52 Companion Crescent, Flynn ACT 2615

 

Potential Rental Income

Rental Income Stratgety: Potential Gross Weekly Rental Income of Existing Property: $720
Potential Gross Weekly Rental Income of Recommended Design: $750 Potential Combined Gross Weekly Income: $1,470
Potential Combined Gross Annual Income: $76,440

Financial Summary

Total Purchase and Build Investment: $1,137,260 Potential Combined Gross Rental Annual Income: $76,440
Potential Gross % Return: 7%

Get Help Securing This Opportunity

Share Opportunity:
Contact Us