Auction 03/07/21
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49 Warrego Cct, Kaleen ACT 2617

House6425.0
Block size: 992 m² approx.UV: $460,000 (2020)

Double the Value - Rare Property Opportunity in a Prime Location

49a & 49b Warrego Circuit, Kaleen  

Two established properties on one 992 m2 title.

Perfect for the investor or owner occupier looking for additional income or the sought after dual-occupant.

Combined rental income for both properties $1300p/w.

Both properties have 3bedrooms, 2bath and 1 garage.

Reward yourself with a rare opportunity that offers double the value as well as a prime location. Perched on a generously sized 992 m2 block, two dwellings on one title await, giving you a suite of exciting options to explore.

For families who require a dual-living arrangement, it's ideal. Whether it's elderly parents you'd like to keep a watchful eye on or older children who desire independence while living close to home, it doesn't get much better than this. Both houses offer three bedrooms with built-in robes, with ensuites to the master bedroom, family bathroom and laundry. Updated kitchens will be the social hub of each home, with tiled open plan living and dining zones perfect for relaxation.

For those entering the property market who would benefit from the rental income of the second home, it's the perfect prospect. And for savvy investors who are looking to increase the value of their portfolios, you simply can't go wrong with an estimated return of $1300 per week.

Aside from the impressive potential, there's also the enticing location. Situated in one of the most convenient areas of Canberra, enjoy easy access to all of Belconnen's fabulous amenities, not to mention Gungahlin and Dickson's shopping centres, Calvary Hospital and the arterial roads to greater Canberra. Public transport is easily accessible and a selection of local schools are located nearby. Don't miss out on this unique opportunity!

Property Specifications:
• Extremely rare opportunity to purchase two 3-bedroom houses on one 992m2 block and title
• Both with lounge, dining, kitchen, 3 bedrooms, 2 bathrooms and single garage - 49A is 174m2 and 49B is 129.46m2
• Updated kitchens feature gas cooktops, dishwashers and a surplus of cabinets, 49b also with an island
• 49a includes two brick outdoor areas accessed via the dining room
• 49b boasts a pergola covered alfresco area, accessed via the dining room
• Ducted gas heating and evaporative cooling in both houses
• Investment potential is fantastic, allowing either one or both properties to be rented out
• An appealing option for multi-generational or extended families
• Unique opportunity to kickstart your home ownership and property investment journeys
• Reasonable outgoings with rates at $729.97/qtr and each property is separately metered
• Sought-after residential pocket, close to schools, transport, shops and recreational facilities
• Estimated rental return of $1300 per week

Make a wise investment in your future and contact Jeremy Francis to arrange your inspection today.
Can I afford this property?

Inspections

Saturday, 19 Jun2:30pm - 3:00pm
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Auction

Saturday 3 July, 10:00am
On site

Key details

Property Type:House
Block:19
Section:53
Block Size:992 *
Unimproved Value:$460,000 (2020)
Rates (Residential):$3,118*
Rates (Commercial):$19,754*
Rates (Rural):$1,191*
Land Tax (Residential):$4,549*
*These are approximate values based on available information.

Past sales

Property History
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We've built you a better time machine. Find it in the new property history section.
Francis Properties Canberra
Next Inspection:
Sat 19 Jun,
2:30 PM

Maps and area information

Land Details
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Block information
Block 19 Section 53 Kaleen
Block size: 992 (approx)
Unimproved value: $460,000 (2020)
Legal description: BELC/KALE/53/19/
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2021.
Need more info? We've got you covered.
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.
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Enrolment areas for ACT public schools.

What's nearby

Kaleen PrimaryPrimary School
0.7km
Kaleen HighHigh School
1.4km
Calvary Private HospitalHospital
3.2km
Belconnen MallMajor Shopping Centre
4.5km
University Of CanberraUniversity
2.8km
Radford CollegeCollege
2.7km
Dickson Post OfficePost Office
3.1km
Aust. Defence AcademyTafe
7.7km

Property history
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You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
18 Aug 2005
Sold
Philip Kouvelis Real Estate
$325,000
Contract: 20/07/2005
Transfer: 18/08/2005
Listed: 17/06/2005
Days on market: 33
Block size: 992m²
Transfer type: Full transfer
Purpose: Single residential dwelling
02 Aug 2005
Sold
Contract: 21/05/2005
Transfer: 02/08/2005
Block size: 992m²
Transfer type: Partical transfer
Purpose: Single residential dwelling
16 Aug 2002
Sold
Contract: 14/12/2001
Transfer: 16/08/2002
Block size: 992m²
Transfer type: Full transfer
Purpose: Single residential dwelling

Suburb and property insights

Median salesMedian salesUnimproved value for 49 Warrego CctUnimproved value for 49 Warrego Cct
Median Sale Price For Kaleen
$930,000
Average Age
40 years
Population
7,271
Kaleen's Property Profile
Kaleen's Occupancy
Average Age
40 years
Population
7,271
Kaleen's Property Profile
Kaleen's Occupancy

Contact agents

Francis Properties Canberra

Francis Properties Canberra

View agency details
Jeremy FrancisFrancis Properties Canberra
Nathan BurrastonFrancis Properties Canberra
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