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FREE PLANNING ASSESSMENT

55 Chippindall Circuit, Theodore ACT 2905

55 Chippindall Circuit, Theodore ACT 2905

Property Information:

Address:	55 Chippindall Circuit, Theodore ACT 2905
Property Type:	House
Block:	13
Section:	627
Single Dwelling Code:	Rz1
Block Size:	930 m2 (approx)
House Size:	-
Bedrooms:	3
Bathrooms and Ensuites:	1
EER:	3.5
Unimproved Value:	$346,000 (2019)
Rates:	Approx. $2,568 pa (Assuming residential)
Land Tax:	Approx. $3,530 pa (If rented out)
Marketing Link:	https://www.allhomes.com.au/sale/55-chippindall-circuit-theodore-canberra-178146436

Sale Information:

Sale Method:	Private Treaty
Asking Price:	$550,000
Auction Details:	-
Agents Price:	High: Low:
Assumed Sale Price:	$550,000
Stamp Duty:	$13,344

Suburb Information:

Suburb Median House Value (non-unit):	$614,000 (2020)
Suburb Median Rental Value (non-unit):	$495
Rental Vacancy Rate:	0.35%
Census Data:	Link
Highest Sales Price:	$550,000

Suitability for a Secondary Residence:

Block Size:	929 m2
Zoning:	RZ1: SUBURBAN
Easements:	Electrical easement, rear boundary; storm water easement, rear boundary
Trees that may impact on DA:	Yes, tree centred in backyard
Heritage Zoning:	N/A
Plot Ratio & Private Open Space:	Sufficient plot ratio and open space available
Topography of Block	Some elevation; deep site cut likely needed
Price of land per SQM:	$592.05

Investment Analysis:

Purchase Price:	$550,000
Legal, Loan Establishment and Building Report Costs:	$2500
Stamp Duty:	$13,344
Suggested Secondary Residence Design:	https://www.canberragrannyflatbuilders.com.au/design-pages/design-488
Fixed Price Guarantee:	$271,150.00
Projected Total Investment – Property Purchase and Build:	$836,994‬
Estimated Rental For The Existing Property:	$500 per week $26,000 per year
Estimated Rental Return For The Suggested Design:	$700 per week or $36,400
Estimated Combined Gross Rental Return:	$62,400
Gross % Return Excluding Deprecation:	6.93%

Suggested designs for this property.

Design 120

Design 140

Design 160

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