Potential Gross Return: 5.7% 

Address: 2 Hopwood Place, Kambah ACT 2902

Block-Size: 704 sqm

Block: 5

Section: 228

Type: House

House/Building Size: TBC

Bedrooms: 3

Bathrooms: 1

Garaging/Car Spots: 2

EER: 0

Unimproved Value (2022): $541,000 (2022)

UV Price Ratio: 76.20%

Sales Method: Private Treaty

Recommend Purchase Price: $710,000

Rates Residential 2022: $2,914* 

Land Tax Residential 2022: $4,522* 

Property Link: https://www.allhomes.com.au/2-hopwood-place-kambah-act-2902

Marketing Agent: Mark Larmer and Aaron Lewis

Date Added: 02/01/2023

  • Front View
  • Back View
  • Aerial View
  • Outside Area
  • Kitchen
  • Living Area
  • Living Area
  • Dining Area
  • Living Area
  • Living Area
  • Living Area
  • Dining Area
  • Study Area
  • Bedroom
  • Bedroom
  • Bedroom
  • Bedroom
  • Washing Area
  • Basin Area
  • Back Area
  • Garden Area
  • Drone View
  • Drone View
  • Drone View
  • Site Plan

Block Details:

Block Size: 704 sqm

Block Type: Large Block

Zoning:  RZ1: SUBURBAN

Frontage Approx: 52.51

Precinct Code: 2 Hopwood Place, Kambah ACT 2902 Precinct Code Download 

Heritage: N/A

Planning Assessment Report: PAR - 2 Hopwood Place, Kambah ACT 2902

  • Aerial View
  • Block Diagram
  • Easement
  • Front View
  • Length Of Boundaries
  • Offset
  • Floorplan
  • Roofing
  • Upper Level Setback
  • Verge Distance

Suburb Information:

Median House Price (2022): $896,250

Median House Rent (2022): $685

Suburb Highest Price (2022): $1,630,000​​

Rental Vacancy Rate (2022): 0.32%

Medium Household Income (Census 2021):  $2,207

Income to Rent Ratio:  31%

Download Suburb Profile:  Kambah Profile - December 2022

Property Purchase Recommendation Summary:

Recommend Purchase Price: $710,000

Estimated Stamp Duty: $23,472

Approx Legal and Building Report Costs: $3000

Total Purchase Investment: $733,472

Recommended Secondary Residence:  

Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-124

Approx Turnkey Build Cost inc GST: $200,000

Downloadable Brochure: Design Brochure 124 

Download Proposal: PAP - 2 Hopwood Place, Kambah ACT 2902

  • Snapshot Twilight Design 124
  • Snapshot Front View Labelled Aerial Design 124
  • Snapshot Labelled Aerial Design 124
  • Floorplan Dimensions Design 124
  • Furniture Floorplan Design 124
  • Elevations Design 124

Potential Rental Income:  

Rental Income Stratgety:

Potential Gross Weekly Rental Income of Existing Property: $550

Potential Gross Weekly Rental Income of Recommended Design: $475 

Potential Combined Gross Weekly Income:  $1,025 

Potential Combined Gross Annual Income: $53,300

Financial Summary:

Total Purchase and Build Investment: $933472

Potential Combined Gross Rental Annual Income: $53,300

Potential Gross % Return: 5.7% 

Get Help Securing This Opportunity:

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