Massive Return on Investment, unlimited potential!
7 Stanley Street is an investors dream. This remarkable property, positioned in a highly desirable location, boasts a low-maintenance profile, showcasing two distinct dwellings that are currently tenanted, promising a substantial return on investment. Seize the opportunity to capitalize on a strategic investment that combines ease of upkeep with impressive rental income potential.
On top of the incredible residential return on investment, this property is also zoned R3 residential, allowing the smart investor to continue capitalising in the ever-evolving community.
However, this opportunity is not just for the investor. This is the perfect springboard for a first home buyer or owner-occupier with immediate need for a residence but aspiring to build a residential portfolio with solid foundations.
Key features include: - Two separate dwelling on a 556sqm level block, situated in a highly desirable location - Combined rental income of $775 per week - No strata levies - Walking distance to Wallis Lake, Forster CBD and Stocklands Shopping Village - Newly updated landscaping, adding a touch of contemporary allure to the property - Open plan kitchen and living areas - Generously sized bathroom including free standing bath and separate shower - With an R3 residential zopning (medium density) your opportunity is unlimited!
For further details or to arrange your inspection, contact 6554 7666 to talk to our sales team.
*DISCLAIMER: Every precaution has been taken to establish the accuracy of the above information, but it does not constitute any representation by the vendor/agent or agency.
Inspections
No open inspections scheduled.
Send an enquiry
Contact Daniel Cross to learn more about this property, request an inspection or take an online tour.
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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
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We found 12 houses with 4 bedrooms that just sold near 7 Stanley Street Forster
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.
23 Apr 2020
Sold
$485,000
Contract: 19/03/2020
Transfer: 23/04/2020
Block size: 556m²
Transfer type: Full transfer
Purpose: Residence
14 Sep 2016
Sold
LJ Hooker Forster
$370,000
Contract: 14/09/2016
Listed: 21/04/2015
Days on market: 512
Block size: 550m²
Transfer type: Full transfer
Forster suburb information
A little bit about who lives locally, as provided by government census data
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.