5 Mawalan Street Ngunnawal

ACT 2913
Sold on 31st May 2022 Sold $835,000
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About this property

Vacant, single level home, updated throughout - Sold prior to auction for $835,000

5 Mawalan Street is a quaint property that emits feelings of homeliness. If you’re looking to purchase your first home and stay away from the hassle and cost of strata developments, this could be perfect. Also excellent for those looking to downsize and wanting an easy-care, single level home to suit well into older age. Investors will note the strong rental yield and long-term capital growth available plus we can help facilitate access for your property manager between exchange and settlement to have a tenant ready to go as soon as you settle.

The kitchen in the middle of the home is equipped with everything a family should need including a four-burner gas cooktop, rangehood, oven and dishwasher. A separate lounge and family room allow for multiple activities – or television shows – to be conducted at once and the family can get some space from each other.

The home has already been updated throughout and maintenance items attended to both inside and out so you can just move in and relax and take advantage of all the hard work already invested. The brand-new driveway is a big value-add with room in front of the garage for 4 vehicles, plus there’s an additional long separate driveway with gated access into the rear yard that can adequately house a trailer or even a caravan if you love adventures on the weekends.

The picturesque backyard has a pergola-covered entertaining area as well as a grassed area for children and pets alike to play. The store shed, clothesline and gas hot water system are hidden out of site around the corner for convenience.

Positioned in a quiet street, walking distance to the local primary school and oval as well as childcare and child health facility. Then another 350m walk takes you down to the local shops, this home has a complete package and should be top of your list to view. To make it easy we run 3 scheduled open homes each week of the campaign, so we look forward to seeing you soon.

To get a copy of the digital brochure containing an explanation of our friendly sales campaign and the full contract, please send us an email and note your full name and mobile number and it will be automatically sent to you immediately.

Features Overview
- Separate title and free-standing house
- Updated throughout
- Brand new driveway just laid ($7,700)
- 2 separated living areas
- Vacant and available for immediate occupation
- Flexible settlement options available if you have another property you want, or need, to sell

The Numbers (approx):
- Living area: 102m²
- Pergola covered entertaining area: 11m2
- Garage: 37m²
- Block size: 338m²
- Age: 24 years (built 1998)
- General rates: $2,115 p.a.
- Water rates: $670 p.a.
- Land tax (investors only): $2,666 p.a.
- Conservative rental estimate (unfurnished): $650/wk
- EER (Energy Efficiency Rating): 4.5 stars with potential of 6 stars

- Brand new carpets in bedrooms and formal living room, new roller blinds throughout, new light fittings and new paint throughout
- Kitchen located in middle of home with dishwasher, four burner gas cooktop, rangehood, electric oven
- Main bedroom (segregated from other 2 bedrooms at rear of home) has walk in robe and ensuite
- Main bathroom with shower, bath, vanity, external ventilation, and heat lamps
- Separate toilet room
- Sliding door access from family room to rear yard and entertaining areas
- Ducted heating throughout the home
- Gas hot water system
- Internal access from double garage with rear swinging door to back yard
- Separate laundry room with rear access to the backyard and clothesline
- Security screen on front door

- Pergola-covered, entertaining area and open concrete entertaining area
- Small patch of grass in rear yard (easy to maintain)
- Fire pit area off the pergola (fire pit to stay with sale)
- Metal storage shed
- Gated paved area to right side of home large enough to house a trailer or caravan
- Driveway large enough to accommodate four cars with additional separate driveway to right of home for another two cars

To help buyers, we offer the following as part of our Friendly Auction System:
- Written and verbal buyer price guides, which are updated throughout the campaign.
- A digital brochure with everything to consider a purchase, including the full contract and bidding strategy video (request this email).
- We refer a solicitor who can review the contract prior to auction for FREE.
- Same solicitor can provide a FREE Section 17 Certificate to waiver your cooling off if you want to submit a pre-auction offer.
- 5% deposit pre-approved. Payable via eft (no need to arrange a bank cheque).
- Help negotiating terms such as settlement dates or exchange deposits to suit the buyer.
- Free valuations on your current property(s) to help establish your equity.
- Personalised bidding strategy meeting with the auctioneer prior to auction to establish bidding tactics and discuss the auction process.

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Jason El-Khoury
Jason El-Khoury
Licensed Agent
0431 228 046