When was the complex built?
The townhouses are brand new – they were completed in 2017.
How many townhouses are in the complex?
There are 4 townhouses.
Is the building secure?
Yes, each townhouse is fitted with a security system.
Can I keep the townhouses and rent them?
Yes you can, it’s your choice whatever you decide to do with the prize. If you rent all four townhouses the estimated rental income is $145,600 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.
What is the land size?
The land size is 921 sqm.
How much is each townhouse worth?
Visit our calculator page to see the value of each apartment and to explore if you would move in, rent out or sell each apartment if you are our winner.
How much is the rental value of each townhouse?
Visit our calculator page to see the rental value of each apartment and to explore if you would move in, rent out or sell each apartment if you are our winner.
How much are the rates and body corporate fees?
Rates and body corporate fees are $14,198per year and are paid for the first 12 months as part of the first prize.
What type of energy is connected?
There is gas and electricity connected to the home.
Is there air conditioning?
Yes, there is ducted air conditioning in each home.
What appliances are included in the prize?
Townhouses 1 – 3
- Electrolux 620L4 door fridge
- Bosch stainless steel oven & ceramic hotplate
- Bosch fully integrated dishwasher
- Kambrook kettle & toaster
- Nespresso coffee machine
- Sharp 900W microwave oven
- LG 55” Full high
- LG DVD/CD micro
- Ariston washer dryer combo
- LG 613L water
and ice fridge
- Kambrook kettle
- Bosch stainless
steel oven ceramic hotplate
- Bosch fully integrated
- Nespresso coffee
- Sharp 900W
- LG 60” Full high
- LG Blu-ray player
- LG 2.1 inch sound
bar wireless sub
- Ariston washer
- LG43” Full high
Is there a garage?
Each townhouse has secure parking for two cars. In addition there are two visitor parks.
Can I have pets in the home?
This is subject to body corporate approval.
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.