$950,000
16 Bangalay Crescent, Rivett ACT 2611
House
4210.0
Block size: 743 m² approx.UV: $545,000 (2023)
Outstanding Development Site
Welcomed to the market is this exciting development opportunity for the discerning builder, developer or even investor. Positioned within a leafy street and within the sought-after suburb of Rivett lies this exciting purchasing opportunity.
Currently sited on the block is a 4-bedroom, 2-bathroom with a study and carparking space. The home offers a unique floor plan currently set up that allows for dual rental income with tenants renting the front home and additional rear studio with separate entrances. Currently receiving a combined rental income $795 per week.
The owner has prepared two concept plans (pending approvals) of side by side residences for the sites which are available to be emailed.
Residence 1 concept – Living 166.54m2 approx.
- Four bedrooms
- Two bathrooms
- Master bedroom with walk-in-robe and ensuite (ground floor)
- Double garage with internal access
- Spacious open plan living area
Residence 2 concept – Living 166.54m2 approx.
- Four bedrooms
- Two bathrooms (main & ensuite)
- Master bedroom with walk-in-robe and ensuite (ground floor)
- Double garage with internal access
- Spacious open plan living area
Features Include:
- Current home - 4 bedroom, 2 bathroom
- Combined rental income $795 per week
- Unique RZ2 development site
- Concepts offer side by side residences
EER: 0 stars
Block: 743m2 approx.
Rates: $3,028 per annum approx.
Land Tax: $5,089 per annum approx. (paid by investors only)
Currently sited on the block is a 4-bedroom, 2-bathroom with a study and carparking space. The home offers a unique floor plan currently set up that allows for dual rental income with tenants renting the front home and additional rear studio with separate entrances. Currently receiving a combined rental income $795 per week.
The owner has prepared two concept plans (pending approvals) of side by side residences for the sites which are available to be emailed.
Residence 1 concept – Living 166.54m2 approx.
- Four bedrooms
- Two bathrooms
- Master bedroom with walk-in-robe and ensuite (ground floor)
- Double garage with internal access
- Spacious open plan living area
Residence 2 concept – Living 166.54m2 approx.
- Four bedrooms
- Two bathrooms (main & ensuite)
- Master bedroom with walk-in-robe and ensuite (ground floor)
- Double garage with internal access
- Spacious open plan living area
Features Include:
- Current home - 4 bedroom, 2 bathroom
- Combined rental income $795 per week
- Unique RZ2 development site
- Concepts offer side by side residences
EER: 0 stars
Block: 743m2 approx.
Rates: $3,028 per annum approx.
Land Tax: $5,089 per annum approx. (paid by investors only)
Features
- Allocated Car Space
nbn® Fibre to the Node (FTTN) is available in this property
Max wholesale speed tier available: nbn® Home Fast
Inspections
Can't inspect in person?
Contact Jason Roses to enquire about this property including alternatives to in-person inspections.
Key details
Bedrooms:
4
Bathrooms:
2
Parking:
1
Property type:
House
Block Size:
743 m²*
Unimproved Value:
$545,000 (2023)
Other Details
Block:
21
Section:
14
Rates (Residential):
$3,028*
Rates (Commercial):
$21,822*
Rates (Rural):
$980*
Land Tax (Residential):
$5,089*
Legal description:
WEST/RIVE/14/21
nbn® availability:
nbn® Fibre to the Node (FTTN)
*These are approximate values based on available information.
Next Inspection:
Maps and area information
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Block information
Block 21 Section 14 Rivett
Block size: 743m² (approx)
Unimproved value: $545,000 (2023)
Legal description: WEST/RIVE/14/21
Measurements are estimates only and based on data provided under licence from
© PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.
Nearby sales
Looking to compare sales prices?
We found 43 houses with 4 bedrooms that just sold near 16 Bangalay Crescent Rivett
What's nearby
Duffy PrimaryPrimary School
1.2km
Stromlo HighHigh School
1.9km
The Canberra HospitalHospital
5.7km
Cooleman CourtMajor Shopping Centre
1.4km
Australian National UniversityUniversity
10.1km
Canberra CollegeCollege
4.5km
Cooleman Court Post OfficePost Office
1.4km
Canberra Institute Of TechnologyTafe
5.3km
Property history
You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
12 Jun 2019
Sold
$487,000
Contract: 12/04/2019
Transfer: 12/06/2019
Block size: 743m²
Transfer type: Full transfer
Purpose: Single residential dwelling
16 Jul 2003
Sold
$326,000
Contract: 30/05/2003
Transfer: 16/07/2003
Block size: 743m²
Transfer type: Full transfer
Purpose: Single residential dwelling
21 Apr 1992
Sold
$133,500
Contract: 21/04/1992
Transfer: 21/04/1992
Block size: 743m²
Transfer type: Full transfer
Purpose: Single residential dwelling
Rivett suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian salesUnimproved value
Average Age
41 years
Population
3,354
Unimproved value for Rivett
$545,000
Listing ID: 182339185. This listing has been viewed 2387 times. It was first displayed on 29/02/2024 and last updated on 23/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.