Auction 14/12/19

103 Sugarloaf Circle,Palmerston ACT 2913

Block size: 279 m² approx.Townhouse size: 156 m² approx.UV: $274,000 (2019)

2 properties on the 1 block = lots of lifestyle options

Buyer price guide: From $680,000.

This is a unique and exciting opportunity to own 2 properties on the one block, one being a 3-bedroom ensuite terrace, and the other, a self-contained 1-bedroom unit. The design and layout allow for a wide range of uses to suit buyers lifestyle, work arrangements and growing family. The 2 separate properties are on 1 title, meaning there is no body corporate. They are separately metered, so separate bills make renting one or both properties an easy option. Conveniently located to the Gungahlin Town Centre, & a short distance to the Palmerston Local Centre – the Gungahlin College, Burgmann Anglican School & Palmerston Primary School are also well located.

Here are some of the lifestyle options on offer:
- Investors who want to rent both properties for a fantastic rental return of $900/week ($550 + $350) for a total return of $46,800/year.
- Live in one property & rent the other. This additional income can then be used to pay a mortgage or spend the money on whatever you wish for.
- Large or blended families who need the extra space - perfect for a teenager or guest.
- Busy families that would like to house an au pair.
- Home office, studio, rumpus room or games room.
- Potential to strata title the 1-bedroom unit (subject to government approval).

103 Sugarloaf Circle features:
- 156m2 living -freshly painted
- Facing opposite a quiet open space area
- North facing living area & paved entertaining space
- 3 bedrooms, 3 large & separate living areas, 2 bathrooms
- Main bathroom has shower & separate bath
- Spacious kitchen with gas cooktop, double pantry & large fridge space
- Bedroom 1, features walk in robe, ensuite & French doors to a large covered deck
- Bedrooms 2 & 3 have built in robes
- Separate upstairs toilet
- Separate laundry & separate downstairs toilet
- Under-stair internal storage plus a large storage shed in the yard
- Ducted gas heating
- Double remote garage plus street parking at the front & 2 car spaces in the driveway
- Beautiful low maintenance gardens front & rear
- Rental potential of $550
- Currently vacant & ready for immediate occupation should you want a guaranteed option to move in before Santa comes

8 Domain Street features:
- Free standing property with separate & private access
- 50m2 living, north facing
- 1 bedroom, 1 bathroom, 1 partially covered car space
- Windows on 3 sides making it light, bright & airy
- 1 bedroom with built in robes
- Modern bathroom & laundry
- Modern kitchen, with stone benches, dishwasher, ducted rangehood, electric cooktop
- Living area opens onto a north-facing deck protected by large established trees
- Airconditioning
- Currently tenanted to a house proud tenant for $345/week, fully furnished, on a month to month basis. Tenant is happy to stay on. Alternatively, we can arrange for vacant possession.

SMS "103" to 0407 12 14 12 to get a copy of the digital brochure containing the contract & explanation of our Friendly Auction System which buyers are really appreciating.

To help buyers, we offer the following as part of our Friendly Auction System:
- Written & verbal buyer price guides, updated throughout the campaign
- We can refer a solicitor who can review the contract prior to auction, for FREE
- A FREE waiver of the cooling off certificate (section 17) if you want to submit a pre-auction offer
- A digital brochure with everything to consider a purchase including the full contract
- 5% deposit approved, payable via BPay (no lining up for bank cheques)
- Help negotiating terms such as settlement dates or exchange deposits to suit the buyer
- Personalised bidding strategy meeting prior to auction to establish bidding tactics
- Free valuations on your current property(s) to help you establish your equity
Can I afford this property?


Monday, 9 Dec
7:00 PM - 7:30 PM
Wednesday, 11 Dec
5:00 PM - 5:30 PM
Thursday, 12 Dec
1:30 PM - 2:00 PM


Saturday, 14 Dec
10:45 AM

Key Details

Property Type:Townhouse
Block Size:279 (approx)
Townhouse Size:156 (approx)
Unimproved Value:$274,000 (2019)
Independent Inner North & City
Next Inspection:
Mon 9 Dec,
7:00 PM

Maps and area information

Land Details
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Block information
Block 4 Section 167 Palmerston
Block size: 279 (approx)
Unimproved value: $274,000 (2019)
Legal description: GUNG/PALM/167/4/
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2019.
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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.

What's Nearby

Palmerston District PrimaryPrimary School
Burgmann Anglican School, GungahlinHigh School
Calvary Private HospitalHospital
The MarketplaceMajor Shopping Centre
University Of Canberra, BruceUniversity
Gungahlin CollegeCollege
Gungahlin Post OfficePost Office

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            Palmerston Suburb Information

            Median Sale Price For Palmerston
            Average Age
            35 years
            Palmerston Profile
            Palmerston Occupancy

            Contact agents

            Independent Inner North & City

            Independent Inner North & City

            Licensed Agent & REIACT Member
            View agency details
            Aaron LewisIndependent Inner North & City
            Mark LarmerIndependent Inner North & City
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            This listing has been viewed 2754 times. It was first displayed on 21/11/19 and last updated on 07/12/19.