Qualified Properties For Secondary Residence Potential

Potential Gross Return: 5.7%

Address: 17 Main Close, Chisholm ACT 2905 Block-Size: 983 sqm
Block: 11 Section: 504
Type: House House/Building Size: TBC
Bedrooms: 4 Bathrooms: 2
Garaging/Car Spots: 2 EER: 1.5
Unimproved Value (2022): 479,000 (2023) UV Price Ratio: 53.51%
Sales Method: $890,000+ Recommend Purchase Price: 895000
Rates Residential 2022: 2,776* Land Tax Residential 2022: 4,502*
Property Link: https://www.realestate.com.au/property-house-act-chisholm-147833320 Marketing Agent: Daryl Gough
Date Added: 24/04/25

Photos:

Block Details

Block Size: 983 sqm Block Type: Large Block
Zoning: RZ1: SUBURBAN Frontage Approx:
Precinct Code: 17 Main Close, Chisholm ACT 2905 Precinct Code Download Heritage: N/A
Planning Assessment Report: PAR - 17 Main Close, Chisholm ACT 2905

 

Suburb information

Median house price (2022): $915,000 Median house rent (2022): $650
Suburb highest price (2022): $1,075,000 Rental vacancy rate (2022): 0.2%
Medium household income (Census 2021): $2,292 Income to rent ratio: 28%
Download Suburb Profile: Profile - April 2025

Property Purchase Recommendation Summary

Recommend Purchase Price: $895,000 Estimated Stamp Duty: $30,755
Approx Legal And Building Report Costs: $3,000 Total Purchase Investment: $925,755

Recommended Secondary Residence

Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-206 Approx Turnkey Build Cost inc GST: $226,028
Downloadable Brochure: Design Brochure - 206 Download Proposal: PAP - 17 Main Close, Chisholm ACT 2905

Potential Rental Income

Rental Income Stratgety: Potential Gross Weekly Rental Income of Existing Property: $730
Potential Gross Weekly Rental Income of Recommended Design: $550 Potential Combined Gross Weekly Income: $1,280
Potential Combined Gross Annual Income: $66,560

Financial Summary

Total Purchase and Build Investment: $263,859 Potential Combined Gross Rental Annual Income: $66,560
Potential Gross % Return: 5.7%

Get Help Securing This Opportunity

Share Opportunity:
Contact Us