Potential Gross Return: 7.02%
Address: 7 Mentha Place, Rivett ACT 2611
Block-Size: 734 sqm
Block: 4
Section: 52
Type: House
House/Building Size: TBC
Bedrooms: 3
Bathrooms: 1
Garaging/Car Spots: 1
EER: 2.0
Unimproved Value (2022): $666,000 (2022)
UV Price Ratio: 91.86%
Sales Method: Private Treaty
Recommend Purchase Price: $725,000
Rates Residential 2022: $3,151*
Land Tax Residential 2022: $5,029*
Property Link: https://www.allhomes.com.au/7-mentha-place-rivett-act-2611
Marketing Agent: Jess Doolan and Jess Smith
Date Added:
Block Details:
Block Size: 734 sqm
Block Type: Large Block
Zoning: RZ1: SUBURBAN
Frontage Approx:
Precinct Code: 7 Mentha Place, Rivett ACT 2611 Precinct Code Download
Heritage: N/A
Planning Assessment Report: PAR - 7 Mentha Place, Rivett ACT 2611
Suburb Information:
Median House Price (2022): $962,500
Median House Rent (2022): $690
Suburb Highest Price (2022): $1,750,000
Rental Vacancy Rate (2022): 0.29%
Medium Household Income (Census 2021): $2,207
Income to Rent Ratio: 31%
Download Suburb Profile: Rivett Profile - 2022
Property Purchase Recommendation Summary:
Recommend Purchase Price: $725,000
Estimated Stamp Duty: $24,120
Approx Legal and Building Report Costs: $3,000
Total Purchase Investment: $749,120
Recommended Secondary Residence:
Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-160
Approx Turnkey Build Cost inc GST: $205,000
Downloadable Brochure: Design Brochure 160
Download Proposal: PAP - 7 Mentha Place, Rivett ACT 2611
Potential Rental Income:
Rental Income Stratgety:
Potential Gross Weekly Rental Income of Existing Property: $600
Potential Gross Weekly Rental Income of Recommended Design: $690
Potential Combined Gross Weekly Income: $1,289
Potential Combined Gross Annual Income: $67,028
Financial Summary:
Total Purchase and Build Investment: $954120
Potential Combined Gross Rental Annual Income: $67,028
Potential Gross % Return: 7.02%
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