OFF MARKET

15 Pendred Street
Pearce ACT 2607

Bedrooms: 8
Bathrooms: 6
Car spaces: 8
Floor area: 158m2
Land area: 982m2
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Property Details for 15 Pendred St, Pearce

15 Pendred St, Pearce is a 8 bedroom, 6 bathroom House with 8 parking spaces and was built in 1967. The property has a land size of 982m2 and floor size of 158m2. While the property is not currently for sale or for rent, it was last sold in March 2003.

Building Type
House
Year Built
1967
Floor Size
158m2
Land Size
982m2
Local Government
Woden Valley
Lot/Plan
PEARCE: Block 42, Section 31

Last Listing description (June 2018)

A package that is very rare and unique to the market with many choices and options on offer, ideal for an extended family, family with older parents or an investor. Under 1 title on a large block of 982 m2 and featuring two separate dwellings and two 1 bedroom units that all offer privacy from each other and are secure and low maintenance.
All properties have been crafted to perfection are sleek and contemporary with a host of quality inclusions. Rendered facades, porcelain floor tiles, modern kitchens and bathrooms with stone bench tops/vanities, floor to ceiling tiles and spa baths in the main houses. Also ducted reverse cycling heating/cooling, R/C wall units, recessed lighting, private, secluded alfresco outdoor spaces with built-in bbqs/kitchens. Plus single garages with internal access and auto doors and additional parking for Unit occupants.
The homes have low maintenance yards and are all immaculately presented a similar manner maintaining a consistent flow and feel.

All sited in a central Woden Valley locale with Sacred Heart Primary at your doorstep and walking distance to Marist College, Melrose High and Southlands Shopping Centre
DWELLING 1 15 PENDRED STREET
3 well-proportioned bedrooms all with built-in robes, ensuite, large study, lounge with built-in TV and slow combustion fire, dining room, large alfresco entertainment area with built in kitchen, spa and outdoor projector and screen with surround sound. Also ducted heating, evaporative cooling, bedroom 2 easily converted to a rumpus room and a very large storage shed.
House size = 225m2 approx. (Living area - 158m2, Alfresco (under roofline) 40.7m2 and Single garage -26.3m2)
Rental income (approx.) - $750 per week
UNIT 1
1 bedroom, built-in robe, study nook, lounge room, kitchen and bathroom, R/C wall unit, under stair storage linen cupboard.
Rental income (approx.) - $380 per week
DWELLING 2 15a PENDRED STREET
3 spacious bedrooms all with built-in robes, ensuite, lounge and dining areas, kitchen and main bathroom, ducted heating and cooling, security system, ducted vacuum private outdoor alfresco entertaining area with built in BBQ and private outdoor deck off bedroom 1.
House size: 137m2 approx. (Living area 115.8m2 and Single garage 21.2m2)
Rental income (approx.) = $700 per week
UNIT 2
1 bedroom, with built-in robe, living area, kitchen and bathroom and private courtyard.
Rental income (approx.) Currently leased at $400 per week
OPTION 1
A home for the larger family wanting plenty of segregation and privacy offering 8 bedrooms, study, 4 kitchens, 6 bathrooms, 2 alfresco entertainment areas, private courtyards, 2 single garages, excellent storage and additional car parking.
This option would also ideal for a smaller sized family with older parents/grandparents wanting to be near their children/grandchildren and still wanting to maintain their independence in a segregated living arrangement by occupying Townhouse 15 or 15a.
OPTION 2
Live in 1 home, lease the other dwelling including the 2 units
OPTION 3
Buy totally as an investment and lease all 4 properties.
Approximate weekly rental income for all 4 properties = $2230 per week (approx.)
Yearly income of $115,960 approx. giving a yield of approx. 6.5%
Please note: Block 42, Section 31 is known as 15 & 15a Pendred Street, Pearce and are dual occupancy properties on the one title. The units are unapproved and will be sold as is.
Unit 1/House No. 15 share all services including gas, electricity and water as does Unit 2/House No. 15a.
OUTGOINGS (per annum approx for Dwelling 1/Unit 1 & Dwelling 2/Unit 2)
Gas - $1972
Water & Sewerage - $3040
Electricity - $6080
Land Rates - $3068
Land Tax - $4828
TOTAL OUTGOINGS PER ANNUM (approx) - $18,988

Property History for 15 Pendred St, Pearce, ACT 2607

A timeline of how this property has performed in the market
Last Sold
$345,000
28 Mar 2003
Listed for Rent
$360/w
12 Dec 2016
  • 08 Mar 2018
    Listed for Sale $1,575,000+
  • 10 Oct 2016
    Listed for Rent - Price not available
  • 20 Jun 2016
    Listed for Rent - Price not available
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About Pearce 2607

The size of Pearce is approximately 1.7 square kilometres. It has 11 parks covering nearly 15.7% of total area. The population of Pearce in 2011 was 2,544 people. By 2016 the population was 2,574 showing a population growth of 1.2% in the area during that time. The predominant age group in Pearce is 40-49 years. Households in Pearce are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Pearce work in a professional occupation. In 2011, 69.8% of the homes in Pearce were owner-occupied compared with 70% in 2016.

Pearce has 1,259 properties. Over the last 5 years, Houses in Pearce have seen a 37.57% increase in median value, while Units have seen a 61.23% increase. As at 31 October 2024:

  • The median value for Houses in Pearce is $1,158,715 while the median value for Units is $697,492.
  • Houses have a median rent of $750 while Units have a median rent of $580.
There are currently 1 property listed for sale, and no properties listed for rent in Pearce on OnTheHouse. According to CoreLogic's data, 50 properties were sold in the past 12 months in Pearce.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.