Potential Gross Return: 5.61%
Address: 5 McArthur Place, Latham ACT 2615
Block-Size: 868 sqm
Block: 6
Section: 108
Type: House
House/Building Size: TBC
Bedrooms: 3
Bathrooms: 1
Garaging/Car Spots: 1
EER: 0
Unimproved Value (2022): $423,000 (2022)
UV Price Ratio: 54.58%
Sales Method: Private Treaty
Recommend Purchase Price: $775,000
Rates Residential 2022: $2,502*
Land Tax Residential 2022: $3,631*
Property Link: https://zango.com.au/sale/5-mcarthur-place-latham-act-2615-80866/
Marketing Agent: Sandra Masters and Hannah Green
Date Added: 14/06/2023
Block Details:
Block Size: 868 sqm
Block Type: Large Block
Zoning: RZ2: SUBURBAN CORE
Frontage Approx:
Precinct Code: 5 McArthur Place, Latham ACT 2615 Precinct Code Download
Heritage: N/A
Planning Assessment Report: PAR - 5 McArthur Place, Latham ACT 2615
Suburb Information:
Median House Price (2022): $760,000
Median House Rent (2022): $560
Suburb Highest Price (2022): $1,235,000
Rental Vacancy Rate (2022): 0.27%
Medium Household Income (Census 2021): $2,125
Income to Rent Ratio: 26%
Download Suburb Profile: Latham Profile - June 2023
Property Purchase Recommendation Summary:
Recommend Purchase Price: $775,000
Estimated Stamp Duty: $26,675
Approx Legal and Building Report Costs: $3,000
Total Purchase Investment: $801,675
Recommended Secondary Residence:
Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-124
Approx Turnkey Build Cost inc GST: $216,259
Downloadable Brochure: Design Brochure - 124
Download Proposal: PAP - 5 McArthur Place, Latham ACT 2615
Potential Rental Income:
Rental Income Stratgety:
Potential Gross Weekly Rental Income of Existing Property: $600
Potential Gross Weekly Rental Income of Recommended Design: $500
Potential Combined Gross Weekly Income: $1,100
Potential Combined Gross Annual Income: $57,200
Financial Summary:
Total Purchase and Build Investment: $1017933.52
Potential Combined Gross Rental Annual Income: $57,200
Potential Gross % Return: 5.61%
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