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FREE PLANNING ASSESSMENT

85 Chauncy Crescent, Richardson ACT 2905

85 Chauncy Crescent, Richardson ACT 2905

Property Information:

Address:	85 Chauncy Crescent, Richardson ACT 2905
Property Type:	House
Block:	23
Section:	457
Single Dwelling Code:	Rz1
Block Size:	741 m2 (approx)
House Size:	110 m2 (approx)
Bedrooms:	3
Bathrooms and Ensuites	1
Garaging:	2
EER:	2
Unimproved Value:	$317,000 (2018)
Rates:	Approx. $2,289 pa (Assuming residential)
Land Tax:	Approx. $3,027 pa (If rented out)
Marketing Link:	https://www.allhomes.com.au/sale/85-chauncy-crescent-richardson-canberra-176301222

Sale Information:

Sale Method:	Private Treaty
Asking Price:	$495,000+
Auction Details:	N/A
Agents Price:	High: Low:
Assumed Sale Price:	$495,000
Stamp Duty:	$11,920

Suburb Information:

Suburb Median House Value (non-unit):	$532,000
Suburb Median Rental Value (non-unit):	$460
Rental Vacancy Rate:	0.17 %
Census Data:	Link
Highest Sales Price:

Suitability for a Secondary Residence:

Block Size:	740 m2
Zoning:	RZ1: SUBURBAN The block is permitted to build a secondary residence subject to DA (process managed by CGFB).
Easements:	Inspection and review of the block indicates the following easements Electrical easement, North Boundary Sewer easement, North Boundary
Trees that may impact on DA:	The property has trees that may impact on development application.
Heritage Zoning:	The property is not impacted by heritage rules.
Plot Ratio & Private Open Space:	Inspection and review of the property indicates 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:	668.9

Investment Analysis:

Purchase Price:	$495,000
Legal, Loan Establishment and Building Report Costs:	$1,500 inc GST
Stamp Duty:	$11,920 (Jan 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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