Sold Price with Land Rent Scheme: $650,000.
Sold price with Standard Lease: $1,227,000.
Land UV: $577,000. Current land unimproved value (UV)
Home with a business studio - Open your new front door and you will almost be eye level with the Brindabella Range in the distance. Set in a quiet street, not far from Oak Hill on the northern border of the ACT, this spacious and opulent family home with all the modern facilities is now available to purchase and start enjoying living.
Very deep frontage allows for plenty of off-street parking for the family who have a caravan, boat or the auto collector. This property has a three-meter space at one side of the house, perfect for boat or trailer parking or extra family vehicle parking if needed to use. This amazing home also features a large room behind the garage for home business or hobby studio, a rare to find in a large family home like this.
The floorplan offers a guest bedroom at the front and the parents’ retreat with the a luxurious ensuite on the opposite side of the house. The kitchen features modern appliances including gas cooktop, dishwasher, ducted rangehood, plenty of cupboards space, a walk-in-pantry, large fridge alcove with fridge plumbing, kitchen island with stone benchtop, breakfast bar with modern pendant lighting for ambience.
The home features a full powder room at the front of house for everyone's convenient and the other two bathrooms are bright and modern. The main bathroom feature a separate toilet for daily convenience. The laundry is spacious with a benchtop and a separate linen storage cupboard.
The backyard is sunny and neat with some mountain views of its own. This home comes with heating & cooling systems to enjoy living in this wonderful home regardless of the weather condition outside.
Outdoors, there is a gorgeously large alfresco area with BBQ setup. For the hobbyist or the home handyman, there is more than enough space for a workbench and storage area in the garage with double door external access. Homes like this do not come for sale that often. Do not miss this amazing home, call us now to book a time to view before it’s too late.
This home is available to buy outright or on the ACT Land Rent scheme:
Option 1: Asking Price is $1,190,000+ Buy as straight forward opportunity. A modern home with space, functionality and flexibility in a growing suburb.
Option 2: Buy with ACT Land Rent Scheme. It provides eligible buyers with a more accessible pathway into the Canberra property market by reducing the upfront purchase costs associated with buying land outright. Owners also have the flexibility to purchase the land in the future and convert the property to a standard Crown Lease if desired.
What is Land Rent - The land is currently on the ACT government's "Land Rent Scheme" with an Unimproved Value (UV) of $577,000. Eligible buyers purchase the house only and pay an annual land rent fee of approximately 2% of the AUV for the land while owning the house and they may convert to a standard crown lease at any time.
Buyers are at liberty to buy the land outright or to keep it under the Land Rent Scheme if they choose to do so and qualify for it. Buyers should make their own enquiries with the ACT revenue office as to their qualification for the Land Rent Scheme if they would like to continue to keep this home's land on the Land Rent Scheme.
Land Rent Information:
https://www.revenue.act.gov.au/home-buyer-assistance/land-rent-scheme
Which ever option you chosse to buy with, do not miss this unique property, call us now to book a time to view before it’s too late.
