Potential Gross Return: 6.14%
Address: 339 Southern Cross Drive, Holt, ACT 2615
Block-Size: 706 sqm
Block: 7
Section: 5
Type: House
House/Building Size: TBC
Bedrooms: 3
Bathrooms: 1
Garaging/Car Spots: 1
EER: 0.5
Unimproved Value (2022): $439,000 (2022)
UV Price Ratio: 62.71%
Sales Method: Auction (2023-02-04)
Recommend Purchase Price: $700,000
Rates Residential 2022: $2,443*
Land Tax Residential 2022: $3,503*
Property Link: https://www.realestate.com.au/property-house-act-holt-140673231
Marketing Agent: Nathan Wood and Marissa Ellison
Date Added: 30/12/2022
Block Details:
Block Size: 706 sqm
Block Type: Large Block
Zoning: RZ1: SUBURBAN
Frontage Approx:
Precinct Code: 339 Southern Cross Drive, Holt, ACT 2615 Precinct Code Download
Heritage: N/A
Planning Assessment Report: PAR - 339 Southern Cross Drive, Holt, ACT 2615
Suburb Information:
Median House Price (2022): $845,000
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: $700,000
Estimated Stamp Duty: $23,040
Approx Legal and Building Report Costs: $3,000
Total Purchase Investment: $723,040
Recommended Secondary Residence:
Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-262
Approx Turnkey Build Cost inc GST: $250,000
Downloadable Brochure: Design Brouchure - 262
Download Proposal: PAP - 339 Southern Cross Drive, 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: $550
Potential Combined Gross Weekly Income: $1,150
Potential Combined Gross Annual Income: $59,800
Financial Summary:
Total Purchase and Build Investment: $973040
Potential Combined Gross Rental Annual Income: $59,800
Potential Gross % Return: 6.14%
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