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FREE PLANNING ASSESSMENT

91 Bugden Avenue,Gowrie ACT 2904

91 Bugden Avenue,Gowrie ACT 2904

Property Information:

Address:	91 Bugden Avenue, Gowrie ACT 2904
Property Type:	House
Block:	9
Section:	231
Single Dwelling Code:	Rz2
Block Size:	928 m2 (approx)
House Size:	126 m2 (approx)
Bedrooms:	3
Bathrooms and Ensuites	2
Garaging:	1
EER:	13
Unimproved Value:	$287,000 (2018)
Rates:	Approx. $2,198 pa (Assuming residential)
Land Tax:	Approx. $2,800 pa (If rented out)
Marketing Link:	https://www.allhomes.com.au/sale/91-bugden-avenue-gowrie-canberra-176707279

Sale Information:

Sale Method:	Auction
Asking Price:	$500,000+
Auction Details:	Saturday ,01 June, 10:00 AM
Agents Price:	High:$500,000+ Low:$500,000+
Assumed Sale Price:	$500,000+
Stamp Duty:	$12,100

Suburb Information:

Suburb Median House Value (non-unit):	$565,000
Suburb Median Rental Value (non-unit):	$550
Rental Vacancy Rate:	0.17 %
Census Data:	Link
Highest Sales Price:

Suitability for a Secondary Residence:

Block Size:	928 m2
Zoning:	RZ2: SUBURBAN CORE The block is permitted to build a secondary residence subject to DA (managed by CGFB).
Easements:	Inspection and review of the block indicates the following easements: Electrical easement, West Boundary Stormwater easement, West Boundary
Trees that may impact on DA:	Based on the inspection and review of property, there appears to be trees that would significantly impact on development application.
Heritage Zoning:	The property is not impacted by heritage rules.
Plot Ratio & Private Open Space:	Based on the inspection and review of property there doesn’t appear to be any major issues relating to the Plot Ratio or Private Open Space.
Topography of Block	Based on the inspection and review of the property there is minimal elevation or undulation on the block.
Price of land per SQM:	$538.8+

Investment Analysis:

Purchase Price:	$500,000+
Legal, Loan Establishment and Building Report Costs:	$1,500 inc GST
Stamp Duty:	$12,100 (May 2019)
Suggested Secondary Residence Design:
Fixed Price Guarantee:
Projected Total Investment – Property Purchase and Build:
Estimated Rental For The Existing Property:
Estimated Rental Return For The Suggested Design:
Estimated Combined Gross Rental Return:
Gross % Return Excluding Deprecation:

Suggested designs for this property.

Design 120

Design 140

Design 160

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