$370,000
7/13 Blackburn Street, Maddington WA 6109
Townhouse
111
Block size: 1530 m² approx.
GREAT INVESTMENT
ARE YOU LOOKING FOR A SUPERFUND OR TRUST INVESTMENT ?
This 2 Story Strata dwelling has living upstairs and business downstairs.
Located very close to the Maddington Plaza Shopping Center
160 SQM of building area plus balcony and parking at rear with secure parking.
Upstairs 1 bed room, bath room, WC open living kitchen, dining and lounge and balcony
Down stairs Office with several rooms such as open office at entry, private office, separate kitchen, bath room and store room.
The outgoings for 7/13 Blackburn street are:
Strata Levy $4,800. Per year
Council Rates $1,956.00 per year
Water Rates $1,868.00 per year
For the Residential section the Owner pay's 50% of the out goings and the Tenant downstairs pay's the other 50% of outgoings.
.Upstairs tenant pays $18,200.00 year
Example:
The Residential Tenant currently pays $18,200.00 per year rent.
With a 20% deposit which is $74,000.00.
To borrow the balance of purchase price $296,000.00 you would have to pay at 7% interest only $20,720.00 per year. I am sure that banks can do better than that.
The commercial downstairs would pay $19,800.00 + GST and 50% of OG per year and that is due to the Owner paying the other 50%of the OG being residential.
That makes this property a good long term investment.
Price from $370,000.00
Features include: Air conditioning,Internal Laundry
This 2 Story Strata dwelling has living upstairs and business downstairs.
Located very close to the Maddington Plaza Shopping Center
160 SQM of building area plus balcony and parking at rear with secure parking.
Upstairs 1 bed room, bath room, WC open living kitchen, dining and lounge and balcony
Down stairs Office with several rooms such as open office at entry, private office, separate kitchen, bath room and store room.
The outgoings for 7/13 Blackburn street are:
Strata Levy $4,800. Per year
Council Rates $1,956.00 per year
Water Rates $1,868.00 per year
For the Residential section the Owner pay's 50% of the out goings and the Tenant downstairs pay's the other 50% of outgoings.
.Upstairs tenant pays $18,200.00 year
Example:
The Residential Tenant currently pays $18,200.00 per year rent.
With a 20% deposit which is $74,000.00.
To borrow the balance of purchase price $296,000.00 you would have to pay at 7% interest only $20,720.00 per year. I am sure that banks can do better than that.
The commercial downstairs would pay $19,800.00 + GST and 50% of OG per year and that is due to the Owner paying the other 50%of the OG being residential.
That makes this property a good long term investment.
Price from $370,000.00
Features include: Air conditioning,Internal Laundry
Inspections
No open inspections scheduled.
Send an enquiry
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Key details
Bedrooms:
1
Bathrooms:
1
Garage Spaces:
1
Property type:
Townhouse
Block Size:
1530 m²*
Other Details
Lot:
7
Legal description:
S058214/7
Maps and area information
Block information
Block size: 1530m² (approx)
Legal description: S058214/7
Measurements are estimates only and based on data provided under licence from
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Property history
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SummaryMedian sales
Average Age
37 years
Population
12,419
Listing ID: 182123774. This listing has been viewed 20 times. It was first displayed on 27/11/2023 and last updated on 28/02/2024.
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.