Qualified Properties For Secondary Residence Potential

Potential Gross Return: 5.75%

Address: 14 Macnamara Place, Chisholm ACT 2905 Block-Size: 934 sqm
Block: 37 Section: 16
Type: House House/Building Size: TBC
Bedrooms: 3 Bathrooms: 2
Garaging/Car Spots: 1 EER: 2.5
Unimproved Value (2022): $502,000 (2022) UV Price Ratio: 64.36%
Sales Method: $799,000 (Private Treaty) Recommend Purchase Price: 780000
Rates Residential 2022: $2,775* Land Tax Residential 2022: $4,222*
Property Link: https://www.allhomes.com.au/14-macnamara-place-chisholm-act-2905 Marketing Agent: Andrew Thorpe
Date Added: 26/04/23

Photos:

Block Details

Block Size: 934 sqm Block Type: Large Block
Zoning: RZ1: SUBURBAN Frontage Approx:
Precinct Code: 14 Macnamara Place, Chisholm ACT 2905 Precinct Code Download Heritage: NA
Planning Assessment Report: PAR - 14 Macnamara Place, Chisholm ACT 2905

 

Suburb information

Median house price (2022): $845,000 Median house rent (2022): $680
Suburb highest price (2022): $1,150,000 Rental vacancy rate (2022): 0.41%
Medium household income (Census 2021): 2292% Income to rent ratio: 30%
Download Suburb Profile: Profile - April 2023

Property Purchase Recommendation Summary

Recommend Purchase Price: $780,000 Estimated Stamp Duty: $26,970
Approx Legal And Building Report Costs: $3,000 Total Purchase Investment: $806,970

Recommended Secondary Residence

Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-212 Approx Turnkey Build Cost inc GST: $232,206
Downloadable Brochure: Design Brochure - 212 Download Proposal: PAP - 14 Macnamara Place, Chisholm ACT 2905

 

Potential Rental Income

Rental Income Stratgety: Potential Gross Weekly Rental Income of Existing Property: $600
Potential Gross Weekly Rental Income of Recommended Design: $550 Potential Combined Gross Weekly Income: $1,150
Potential Combined Gross Annual Income: $59,800

Financial Summary

Total Purchase and Build Investment: $1,039,180 Potential Combined Gross Rental Annual Income: $59,800
Potential Gross % Return: 6%

Get Help Securing This Opportunity

Share Opportunity:
Contact Us