This four bedroom home has lovely street appeal on arrival. On entry you are greeted with a sun drenched formal lounge room. This architect designed home then transitions up a split level to a huge family dining area. This family room is light filled and ideally north east facing. The kitchen is large with ample bench space and features gas cooktop, dishwasher and large pantry and cupboard space.
The family / dining opens to a fabulous enteratining area with covered pergola, ideal for weekend BBQs. The smart design means you can see the backyard from kitchen ideal for childrens play.
All bedrooms are a good size and the master has its own ensuite and walk in robe. The parcel of land is 549m2 perfect for growing families . This is a large family home in a lovely area of Bonner on a spacious block.
4 bed ensuite
Large 549m2 block
North east aspect to 2 x living areas
Solar panels
Family friendly design with views to backyard from Kitchen
Beautiful out door entertaining area
Spa to bathroom
Ducted heating plus split r/c
Morning coffee deck
Surrounded by quality homes in upper Bonner
Land rent block option or buy outright with ministers consent
NOTE
For Buyers (New Leaseholder)
a Reduced Upfront Cost:You only finance the house and duty, not the land, lowering entry barriers.
a Eligibility:Must meet income thresholds (around $160k+ for a household), have no other property ownership in Australia/overseas, and at least one lessee must live there.
a Annual Costs:Pay annual land rent (2% of land's Unimproved Value) plus rates and land tax.
a Choice at Settlement:You can choose to continue the Land Rent Lease or buy the land outright (converting to a standard Crown Lease).
a Conveyance Duty:Duty is calculated on the land rent lease grant, similar to standard properties, but you might get concessions if you qualify for the Home Buyer Concession Scheme.
Key Thresholds & Details (ACT)
a Land Rent Rate:2% of the land's Unimproved Value (UV) per year for eligible low-to-moderate income earners; 4% for general participants (no longer available for new entrants).
a Income Threshold (Approx):Around $160,000 gross household income, increasing with dependent children (checkACT Revenue Officefor current figures).
a No Other Property:Lessees cannot hold legal or beneficial interest in other residential property.
