Potential Gross Return: 5.82%
Address: 8 Foley Place, Holt ACT 2615
Block-Size: 704 sqm
Block: 10
Section: 44
Type: House
House/Building Size: TBC
Bedrooms: 3
Bathrooms: 2
Garaging/Car Spots: 2
EER: 0
Unimproved Value (2022): $501,000 (2022)
UV Price Ratio: 69.10%
Sales Method: Private Treaty
Recommend Purchase Price: $725,000
Rates Residential 2022: $2,677*
Land Tax Residential 2022: $4,010*
Property Link: https://www.realestate.com.au/property/8-foley-pl-holt-act-2615
Marketing Agent: Sandra Masters and Jeremy Julian
Date Added: 29/12/2022
Block Details:
Block Size: 704 sqm
Block Type: Large Block
Zoning: RZ1: SUBURBAN
Frontage Approx:
Precinct Code: 8 Foley Place, Holt ACT 2615 Precinct Code Download
Heritage: N/A
Planning Assessment Report: PAR - 8 Foley Place, Holt ACT 2615
Suburb Information:
Median House Price (2022): $850,000
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: $725,000
Estimated Stamp Duty: $24,120
Approx Legal and Building Report Costs: $3,000
Total Purchase Investment: $749,120
Recommended Secondary Residence:
Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-124
Approx Turnkey Build Cost inc GST: $210,000
Downloadable Brochure: Design Brochure 124
Download Proposal: PAP - 8 Foley Place, Holt ACT 2615
Potential Rental Income:
Rental Income Stratgety:
Potential Gross Weekly Rental Income of Existing Property: $600
Potential Gross Weekly Rental Income of Recommended Design: $475
Potential Combined Gross Weekly Income: $1,075
Potential Combined Gross Annual Income: $55,900
Financial Summary:
Total Purchase and Build Investment: $959120
Potential Combined Gross Rental Annual Income: $55,900
Potential Gross % Return: 5.82%
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