The opportunity to purchase the property under land-rent lease is available as well as the opportunity to buy both the house and land on a regular crown lease.
House Only: Offers $729,000+
Land: $435,000, the current unimproved land value (UV) 2025
What is Land Rent?
The land is currently on the ACT government's "Land Rent Scheme" with an Unimproved Value (UV) of $435,000. Eligible owners purchase the house and pay a land rent fee of 2% of the AUV for the land each year, whilst owning the house upon the land, and may convert to a standard crown lease at any time.
Buyers are at liberty to buy the block outright or to keep it under the Land Rent Scheme if they choose to do so and qualify for it.
Buyers should make their own enquiries with the ACT revenue office as to their qualification for the Land Rent Scheme if they would like to continue to keep this home's land on the Land Rent Scheme.
Land Rent Information: https://www.revenue.act.gov.au/home-buyer-assistance/land-rent-scheme
New Door Properties proudly presents 23 Janice Seto Street, Taylor - this impressive double-storey residence showcases a thoughtfully designed layout with multiple living zones, including an exquisite front-facing formal lounge, expansive tiled living and dining areas, and an additional upstairs retreat complete with a stylish wet bar. Quality finishes flow throughout, with laminate flooring to the upper level and bedrooms, creating a seamless balance of comfort and practicality for modern family living.
The heart of the home is the contemporary kitchen, appointed with a stone benchtop, tiled splashback, walk-in pantry, and premium stainless-steel appliances, including a 900mm cooktop, ducted rangehood, electric oven, and dishwasher. Designed for both everyday use and entertaining, the kitchen connects effortlessly to the spacious alfresco area and low-maintenance backyard with natural turf.
Accommodation is generous, featuring a master suite with a walk-in robe and luxurious ensuite with dual wall-hung vanities, while additional bedrooms offer built-in robes, including a guest bedroom with its own ensuite. Further, there is an excellent north-east street orientation in a convenient location close to schools, parks, transport, and local amenities.
This opportunity is not to be missed by people looking to buy their first home or wanting to add to their investment portfolio. For more information, please contact Yash Sethi at 0406 551 043 or Abhi Parashar at 0404 525 998.
Property features:
4 Bed | 3 Bath | 2 Car Garage
• Double-storey house
• Exquisite front-facing formal lounge
• Modern kitchen featuring a stone benchtop
• Tiled splashback for easy maintenance
• Walk-in pantry
• Stainless steel kitchen appliances
• 900mm electric cooktop
• 900mm ducted rangehood
• 600mm electric oven
• 600mm dishwasher
• Wet bar upstairs with a benchtop
• Spacious living and dining area with tiles on the floor
• Additional living area upstairs
• Master bedroom features a walk-in robe & an ensuite
• All other bedrooms feature built-in robes
• Guest bedroom with an ensuite
• Laminate flooring throughout the bedrooms and the upper floor
• The main bathroom features a freestanding bathtub
• Separate toilet
• Master ensuite features dual wall-hung vanities
• Floor-to-ceiling tiles installed in the bathrooms
• Additional powder room downstairs for convenience
• Practical-size laundry
• Additional linen storage
• Spacious alfresco for outdoor entertainment
• Low-maintenance backyard with natural turf
• Double car garage with internal access
• Reverse cycle ducted heating & cooling system
• Electric hot water system
• Double-glazed windows throughout the house
• EER: 5.0 stars
• Street-side orientation: North-east
• Year built: 2024
• Solar capacity: 6.97kW
• House size: 272.65m2 (approx.)
• Block size: 337.00m2 (approx.)
• Rates: $698.03 per qtr (approx.)
• Land UV: $435,000 (approx.)
• Land Rent: $1,698 per qtr (approx.)
• Great location, close to Bus stop, Local school, parks, and BAPS Hindu Mandir Temple
Disclaimer: New Door Properties and the vendor cannot warrant the accuracy of the information provided and will not accept any liability for loss or damage for any errors or misstatements in the information. Some images may be digitally styled/furnished for illustration purposes. Images and floor plans should be treated as a guide only. Purchasers should rely on their independent inquiries or contact the agent for more information.
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