Potential Gross Return: 4.72% 

Address: 10 Vidal Place, Richardson ACT 2905

Block-Size: 926 sqm

Block: 18

Section: 475

Type: House

House/Building Size: TBC

Bedrooms: 3

Bathrooms: 1

Garaging/Car Spots:

EER: 5.0

Unimproved Value (2022): $460,000 (2022)

UV Price Ratio: 54.12%

Sales Method: Private Treaty

Recommend Purchase Price: $850,000

Rates Residential 2022: $2,589* 

Land Tax Residential 2022: $3,819* 

Property Link: https://www.allhomes.com.au/10-vidal-place-richardson-act-2905

Marketing Agent: Zac Morris

Date Added: 12/09/2022

  • Kitchen
  • Living Room
  • Living Room
  • Bedroom
  • Bedroom
  • Study Room
  • Bathroom
  • Deck Area
  • Outside Area
  • Front View
  • Front View
  • Front View
  • Back View
  • Drone View
  • Drone View
  • Drone View
  • Kitchen
  • Floorplan

Block Details:

Block Size: 926 sqm

Block Type: Large Block

Zoning:  RZ1: SUBURBAN

Frontage Approx:

Precinct Code: 10 Vidal Place, Richardson ACT 2905 Precinct Code Download 

Heritage: N/A

Planning Assessment Report: PAR - 10 Vidal Place, Richardson ACT 2905

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

Suburb Information:

Median House Price (2022): $827,500

Median House Rent (2022): $620

Suburb Highest Price (2022): $1,150,000​​

Rental Vacancy Rate (2022): 0.25%

Medium Household Income (Census 2021):  $2,043

Income to Rent Ratio:  30%

Download Suburb Profile:  Richardson Profile - September 2022

Property Purchase Recommendation Summary:

Recommend Purchase Price: $850,000

Estimated Stamp Duty: $31,100

Approx Legal and Building Report Costs: $3000

Total Purchase Investment: $881,100

Recommended Secondary Residence:  

Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-152

Approx Turnkey Build Cost inc GST: $220,000

Downloadable Brochure: Design Brochure 152 

Download Proposal: PAP - 10 Vidal Place, Richardson ACT 2905

  • Design Snapshot
  • Design Snapshot
  • Design Snapshot
  • Design Snapshot
  • Floor Plan
  • Furniture Floor Plan
  • Elevation Plan

Potential Rental Income:  

Rental Income Stratgety:

Potential Gross Weekly Rental Income of Existing Property: $550

Potential Gross Weekly Rental Income of Recommended Design: $450 

Potential Combined Gross Weekly Income:  $1,000 

Potential Combined Gross Annual Income: $52,000

Financial Summary:

Total Purchase and Build Investment: $1,101,100

Potential Combined Gross Rental Annual Income: $52,000

Potential Gross % Return: 4.72% 

Get Help Securing This Opportunity:

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