27 Mavis Latham StreetFranklin ACT 2913
Property Details for 27 Mavis Latham St, Franklin
27 Mavis Latham St, Franklin is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2008. The property has a land size of 600m2 and floor size of 182m2. While the property is not currently for sale or for rent, it was last sold in October 2014.
Last Listing description (September 2014)
GUARANTEED RENT 52 WEEKS PER YEAR
There are so many good reasons to buy a DHA investment property. Consider moving in at the end of the lease when you want to retire. Imagine passing this home onto the children at the end of the lease. And in the meantime, you have all the financial advantages your accountant can explain to you without ever having a rental payment in full made to you - whether you have a tenant in the home or not
Make sure you speak to your accountant - as they will explain to you the added benefit of purchasing investment properties in ACT with the stamp duty 100% claimable in your tax return.
To ensure minimal disruption to the tenants, qualified buyers should call for access times. Photos are available via email.
Features include:
- 2008 Blackett Homes executive residence with landscaping
- No neighbours across the road except the ducks
- Large tiled entrance and coat cupboard
- Minimal hallways and a great sense of space and light
- Large combined formal lounge and dining room
- Tiled kitchen and family room
- North facing orientation of living, dining, family and kitchen areas
- Quality carpet in lounge and dining area as well as the bedrooms
- Gas cooktop and wall oven, with loads of benchspace
- Breakfast bar and good sized pantry
- Bath with separate shower and separate toilet room
- King Size master bedroom with walk in robe and ensuite
- Remaining three bedrooms easily accommodate queen sized beds
- Huge laundry with cupboard space
- BRIVAS ducted gas heating
- Bonaire evaporative cooling
- Internal access to double garage
- Halogens and quality fixtures throughout
- Outdoor under cover pergola flowing from family room
- Private hedging on three sides and low maintenance landscaping with a firepit
- Security screens and gutter-guard
- Water Tank
- Vegetable patch
- Perfect location across from bike path and reserve
- Quick stroll to local schools and bus transport close by
- Shopping convenience at Dickson and Gungahlin shops
Living: 180m2 (minimal hallways so it looks bigger)
Garage:38m2
Total: 220m2
Land Size: 600m2
Land Value: $321,000
Land Rates: $1,553 pa (approx.)
EER: 5.5
Annual Rent: $30,160 (rent review 31 December 2014)
Current Per Month Rent: $2,513.33 ($580 per week)
Lease Expiry: 14 April 2022, with an option of a 36 month renewal
Gross yield of 4.9% based on sale price of $615,000
Property History for 27 Mavis Latham St, Franklin, ACT 2913
- 28 Oct 2014Sold for $610,000
- 05 Sep 2014Listed for Sale $615,000
- 25 Feb 2010Sold for $580,000
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About Franklin 2913
The size of Franklin is approximately 2.3 square kilometres. It has 2 parks covering nearly 0.4% of total area. The population of Franklin in 2011 was 3,807 people. By 2016 the population was 6,421 showing a population growth of 68.7% in the area during that time. The predominant age group in Franklin is 30-39 years. Households in Franklin are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Franklin work in a professional occupation. In 2011, 69.5% of the homes in Franklin were owner-occupied compared with 55.5% in 2016.
Franklin has 2,851 properties. Over the last 5 years, Houses in Franklin have seen a 43.84% increase in median value, while Units have seen a 31.05% increase. As at 31 October 2024:
- The median value for Houses in Franklin is $1,088,457 while the median value for Units is $501,821.
- Houses have a median rent of $675 while Units have a median rent of $548.
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