103 Sugarloaf Circle PALMERSTON

ACT 2913
Sold on 14th December 2019 Sold $715,000
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About this property

2 properties on the 1 block = lots of lifestyle options

Buyer price guide: From $680,000.

This is a unique and exciting opportunity to own 2 properties on the one block, one being a 3-bedroom ensuite terrace, and the other, a self-contained 1-bedroom unit. The design and layout allow for a wide range of uses to suit buyers lifestyle, work arrangements and growing family. The 2 separate properties are on 1 title, meaning there is no body corporate. They are separately metered, so separate bills make renting one or both properties an easy option. Conveniently located to the Gungahlin Town Centre, & a short distance to the Palmerston Local Centre the Gungahlin College, Burgmann Anglican School & Palmerston Primary School are also well located.

Here are some of the lifestyle options on offer:
- Investors who want to rent both properties for a fantastic rental return of $900/week ($550 + $350) for a total return of $46,800/year.
- Live in one property & rent the other. This additional income can then be used to pay a mortgage or spend the money on whatever you wish for.
- Large or blended families who need the extra space - perfect for a teenager or guest.
- Busy families that would like to house an au pair.
- Home office, studio, rumpus room or games room.
- Potential to strata title the 1-bedroom unit (subject to government approval).

103 Sugarloaf Circle features:
- 156m2 living -freshly painted
- Facing opposite a quiet open space area
- North facing living area & paved entertaining space
- 3 bedrooms, 3 large & separate living areas, 2 bathrooms
- Main bathroom has shower & separate bath
- Spacious kitchen with gas cooktop, double pantry & large fridge space
- Bedroom 1, features walk in robe, ensuite & French doors to a large covered deck
- Bedrooms 2 & 3 have built in robes
- Separate upstairs toilet
- Separate laundry & separate downstairs toilet
- Under-stair internal storage plus a large storage shed in the yard
- Ducted gas heating
- Double remote garage plus street parking at the front & 2 car spaces in the driveway
- Beautiful low maintenance gardens front & rear
- Rental potential of $550
- Currently vacant & ready for immediate occupation should you want a guaranteed option to move in before Santa comes

8 Domain Street features:
- Free standing property with separate & private access
- 50m2 living, north facing
- 1 bedroom, 1 bathroom, 1 partially covered car space
- Windows on 3 sides making it light, bright & airy
- 1 bedroom with built in robes
- Modern bathroom & laundry
- Modern kitchen, with stone benches, dishwasher, ducted rangehood, electric cooktop
- Living area opens onto a north-facing deck protected by large established trees
- Airconditioning
- Currently tenanted to a house proud tenant for $345/week, fully furnished, on a month to month basis. Tenant is happy to stay on. Alternatively, we can arrange for vacant possession.

SMS "103" to 0407 12 14 12 to get a copy of the digital brochure containing the contract & explanation of our Friendly Auction System which buyers are really appreciating.

To help buyers, we offer the following as part of our Friendly Auction System:
- Written & verbal buyer price guides, updated throughout the campaign
- We can refer a solicitor who can review the contract prior to auction, for FREE
- A FREE waiver of the cooling off certificate (section 17) if you want to submit a pre-auction offer
- A digital brochure with everything to consider a purchase including the full contract
- 5% deposit approved, payable via BPay (no lining up for bank cheques)
- Help negotiating terms such as settlement dates or exchange deposits to suit the buyer
- Personalised bidding strategy meeting prior to auction to establish bidding tactics
- Free valuations on your current property(s) to help you establish your equity

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Aaron Lewis
Aaron Lewis
Licensed Agent & Auctioneer, Partner
02 6209 1712