Frequently Asked Questions
Who built the home?
The building was commissioned by RSL Art Union and built by Hyatt Homes, making sure it has all the quality finishings you have come to expect from an RSL prize home.
When was it built?
Can I keep and rent this property?
Yes you can, it’s your choice whatever you decide to do with the prize. If you rent the home the estimated rental income is $57,200 per year. This is subject to market variations depending when you rent the home.
Do I have to pay tax on it if I sell?
You can sell the prize tax free at the prize value. If you sell at a higher rate than its value then capital gains on the difference may apply. We advise the winner to contact a financial advisor for comprehensive tax advice relative to your personal circumstances.
How big is the house and land?
The house is 391 sqm and the land is 702 sqm.
How much are the rates and water?
Rates and water are $3,484 per year and are paid for the first 12 months as part of the first prize.
How big is the swimming pool?
The home features a 6.3m x 2.95m swimming pool.
What type of energy is connected?
There is gas and electricity connected to the home.
What brand are the appliances?
The home is equipped with the latest appliances including:
- Samsung 653L French door ice and water refrigerator;
- Omega 30L microwave;
- Smeg stainless steel oven and cooktop;
- Smeg fully integrated dishwasher;
- Breville coffee machine;
- Trent & Steele kettle and toaster
- Beefeater Discovery series four burner BBQ
- Euromaid 5.5kg front loader washing machine;
- Simpson 4kg dryer
In addition, you’ll never be bored with LG televisions in the living room plus an LG home theatre in the media room.
Is there a garage?
There is a secure double garage – perfect for your new Audi A6 that is part of first prize.
Can I have pets in the home?
If I win do I have to pay to travel to them?
The first prize package includes a $2,000 travel voucher for you to use to visit your prize home.
Are all costs included with the car?
The Audi A6 is delivered ex-Gold Coast. It is registered in QLD. The prize includes all on-road costs, dealer delivery and GST. Comprehensive motor vehicle insurance is excluded. You can read more about the Audi A6 here.
What can I do with the gold?
You might choose to sell the gold to start spending straight away – RSL will provide you with the paperwork so the money can be transferred to your bank account. Or you may choose to hold on to the gold as an investment, or perhaps sell some and keep some! Please note that gold selling costs and market variations do apply when selling gold bullion.