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:

  • Front View
  • Kitchen
  • Deck Area
  • Living Room
  • Bathroom
  • Site Plan

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

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

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

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

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: $954,120

Potential Combined Gross Rental Annual Income: $67,028

Potential Gross % Return: 7.02% 

Get Help Securing This Opportunity:

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