Potential Gross Return: 5.57% 

Address: 34 Wolff Crescent, Latham, ACT 2615

Block-Size: 1077 sqm

Block: 7

Section: 118

Type: House

House/Building Size: TBC

Bedrooms: 3

Bathrooms: 1

Garaging/Car Spots: 2

EER: 3.0

Unimproved Value (2022): $465,000 (2022)

UV Price Ratio: 60.00%

Sales Method: Private Treaty

Recommend Purchase Price: $775,000

Rates Residential 2022: $2,688* 

Land Tax Residential 2022: $4,032* 

Property Link: https://www.realestate.com.au/property-house-act-latham-139753959

Marketing Agent: Stacey Otero and Michael Braddon

Date Added:

  • Front View
  • Drone View
  • Room
  • Kitchen
  • Room
  • Room
  • Room
  • Room
  • Bathroom
  • Room
  • Back View
  • Back View
  • Back Area
  • Drone View
  • Drone View
  • Floorplan

Block Details:

Block Size: 1077 sqm

Block Type: Large Block

Zoning:  RZ1: SUBURBAN

Frontage Approx:

Precinct Code: 34 Wolff Crescent, Latham, ACT 2615 Precinct Code Download 

Heritage: N/A

Planning Assessment Report: PAR - 34 Wolff Crescent, Latham, ACT 2615

Suburb Information:

Median House Price (2022): $835,000

Median House Rent (2022): $650

Suburb Highest Price (2022): $1,200,000​​

Rental Vacancy Rate (2022): 0.40%

Medium Household Income (Census 2021):  $2,125

Income to Rent Ratio:  31%

Download Suburb Profile:  Latham Profile - 2022

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-384

Approx Turnkey Build Cost inc GST: $317,500

Downloadable Brochure: Design Brochure 384 

Download Proposal: PAP - 34 Wolff Crescent, Latham, ACT 2615

  • Front View
  • Dimension 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: $650 

Potential Combined Gross Weekly Income:  $1,200 

Potential Combined Gross Annual Income: $62,400

Financial Summary:

Total Purchase and Build Investment: $1,119,175

Potential Combined Gross Rental Annual Income: $62,400

Potential Gross % Return: 5.57% 

Get Help Securing This Opportunity:

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