Block size: 671 m² approx.House size: 98 m² approx.UV: $486,000 (2023)
Calling all investors and multi generational family buyers!
This property presents a rare opportunity for investors or families seeking versatile living arrangements. With a high gross yield of approximately 8.3% - 9%, this home offers both financial and lifestyle benefits. The 3 bedroom, 1 bathroom house features a modern kitchen and a carport, providing comfortable living for a family. Additionally, the property includes a teenagers' retreat/studio, offering a private space for older children or grandparents. The garage has been converted into another studio, adding to the property's flexibility. With plenty of space to park cars, this property caters to modern living needs. Whether you're looking for a sound investment or a home that accommodates multi-generational living, this property is sure to impress.
Residence: - Modern kitchen - 2.4m custom-made concrete waterfall island bench - Induction cooktop - Soft close drawers and cupboards - Integrated dishwasher - AC split system - Separate toilet from main bathroom - Abundant storage - Secure private backyard - Huge entertainment deck - Low maintenance established gardens - Large concrete driveway - Ample outdoor lighting and outdoor power points - Quiet family neighbourhood - Solar System (6.6kw)
Teenager retreat/studio (unapproved) - Kitchen - Bathroom - Bedroom - AC split system - Additional store room
Approved garage has been reconfigured as a 1 bedroom Studio (unapproved) - Kitchen - Bathroom - Bedroom - AC split system - Study nook - Additional carport.
House: Tenanted at $720pw Teenager retreat / Studio: Tenanted at $370pw Garage / Studio: Tenanted at $450pw Total rental income: $1,540pw
Close to: - Edge Early Learning Childcare - 1.4km (2 min drive) - Kippax Shopping Centre - 2.4km (5 min drive) - Westfield Belconnen Shopping Centre - 3.9km (6 min drive) - University of Canberra - 6.9km (9 min drive) - Calvary Bruce Hospital - 7.7km (11 min drive)
* To receive the contract of sale, building report, and additional documents via email within just 10 minutes of your enquiry, please fill out the online request form. Be sure to check both your inbox and junk folder for prompt delivery, available 24/7.
Features
Air Conditioning
Dishwasher
Garden Shed
Inspections
No open inspections scheduled.
Send an enquiry
Contact Steve Lowe to learn more about this property, request an inspection or take an online tour.
Property walkthrough
Key details
Bedrooms:
3
Bathrooms:
1
Carport spaces:
1
Property type:
House
Block Size:
671 m²*
House Size:
98 m²*
EER:
1
Unimproved Value:
$486,000 (2023)
Other Details
Block:
17
Section:
28
Rates (Residential):
$2,843*
Rates (Commercial):
$19,770*
Rates (Rural):
$948*
Land Tax (Residential):
$4,659*
Legal description:
BELC/HIGG/28/17
*These are approximate values based on available information.
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 50 houses with 3 bedrooms that just sold near 4 Edwards Street Higgins
What's nearby
St John The Apostle Primary SchoolPrimary School
1km
Belconnen High SchoolHigh School
1.9km
Calvary Private HospitalHospital
5.5km
Kippax FairMajor Shopping Centre
1.5km
University Of CanberraUniversity
4.8km
St Francis Xavier CollegeCollege
1.1km
Higgins Post OfficePost Office
0.5km
Aust. Defence AcademyTafe
13.4km
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.
16 Sep 2022
Sold at auction
Agent Team Canberra
$880,000
Contract: 16/07/2022
Transfer: 16/09/2022
Listed: 27/06/2022
Days on market: 19
Block size: 671m²
Transfer type: Full transfer
Purpose: Single residential dwelling - dual occ
04 Jul 2008
Sold
$286,000
Contract: 26/10/2007
Transfer: 04/07/2008
Block size: 671m²
Transfer type: Full transfer
Purpose: Single residential dwelling - dual occ
Higgins suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian salesUnimproved value
Average Age
40 years
Population
3,321
Unimproved value for Higgins
$486,000
Listing ID: 182333472. This listing has been viewed 2870 times. It was first displayed on 28/02/2024 and last updated on 08/04/2024.
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.