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Studio Details

Bathrooms  1  

 

Vital Statistics

Block Size: 1.57 Hectares (approx)
Unimproved Value: 2011 - $8,648,000

(UV is for entire block at 27 Coxen Street)

Open For Inspection Times

None scheduled at this time.

Past Sales & Property Information

Property Info: 1/27 Coxen Street
Street Info: Coxen Street
Suburb Info: Hughes
Postcode Info: 2605

Taxes

Stamp Duty (Concessional): $20
Stamp Duty: $6,300

Block Information

Block: 23, Section: 48

Block Map

NOTE

Always verify block details with the agent or vendor. These maps are generated by cross referencing with our spatial information database, but this does not mean they they will always correspond with the listed property. Measurements are estimates only.

Maps are produced from ACTMAPi data, supplied by the ACT Planning & Land Authority. © ACT Gov. 2010.

What's Nearby

Click here for more information about what's nearby to this property.


Distance to nearest Post Office

Phillip Post Office - 1.3 km

Major Shopping Centre

WODEN PLAZA - 1.4 km

Hospital

THE CANBERRA HOSPITAL - 1.5 km

Primary School

HUGHES PRIMARY SCHOOL - 0.4 km

High School

ALFRED DEAKIN HIGH SCHOOL - 1.2 km

College

CANBERRA COLLEGE - 0.7 km

University

AUSTRALIAN NATIONAL UNIVERSITY - 6.5 km

(approximate straight line distances)

Hughes Profile

Average age: 43 years
Houses: 75.7%
Townhouses: 10.8%
Flats & units: 13.5%
Other: 0.0%
Population: 2,898
     

1/27 Coxen Street, Hughes

$220,000+

Rented at $265 per week!

Pay as little as $60 per week* to own this fantastic investment property!

Wonderful opportunity for the investor as it is located in the very popular suburb of Hughes where you are only a walk away from the Hughes shops, moments from Canberra Hospital, quick drive to Woden town centre and you have easy access to Manuka and Kingston. Location is the key when buying real estate and this is one of the prime spots in Canberra.

Situated on the ground floor, the unit is rented currently for $265 per week by a great tenant and that figure can only increase through the years. Presenting itself is a chance for you to take your first step into the world of investment properties or either get out of the rental cycle with your own piece of real estate.

Property prices in Canberra seem to be always on the rise and this makes it very hard to save a deposit for your own property but this affordable and superbly positioned property is just the ticket to start investing in your future.

The unit comes complete with living space, kitchen, bathroom, storage and there is lots of parking for visitors.

Great location, affordable and the opportunity you have been waiting for!

Features

  • Walk to Hughes shops
  • Close to Canberra Hospital and Woden town centre
  • Short drive to Manuka and Kingston
  • Ground floor unit
  • Tenanted at $265 per week
  • Pay as little as $60 per week to own*

 

*Conditions do apply

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Agent Details

LJ Hooker Gungahlin

P: 02 6213 3999
F: 02 6242 5755
E: gungahlin@ljh.com.au

Suite 3A/5 The Marketplace, 30 Hibberson Street Gungahlin ACT 2912
www.ljhooker.com.au/gungahlin

Gungahlin Real Estate Pty Ltd
Licensed Agent
View all sales listings for this agency

Map & Location Information

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What do I need to purchase this property?

Initial Requirements (assuming sale price of $220,000)

Stamp duty $6,300
Legal fees1 $1,500
Loan application fees2 $655
Minimum deposit (10%)2 $22,000
  Total initial payment:   $30,455

Monthly Repayments (assuming deposit of $22,000 and sale price of $220,000)2

Loan repayments on $198,000 borrowed at 6.95% over 30 years.

(Principal and Interest) Loan Repayment:   $1,311 per month

Notes

  1. 1Legal fees are estimated and will vary from firm to firm.
  2. 2Includes application fee, mortgage legals and valuation for standard residential ACT property. Additional Land Titles Office fees are applicable for the registration and transfer of mortgage. The calculation given above is an example estimate only and may not correspond with what is commercially available.

Listing Age and Views

This listing was first displayed on 21/9/11, last updated on 8/3/12, and has been viewed 6565 times. Please note the counter is not updated immediately.

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