Call 7 days: 0400 446 605 Email: info@buyersagentcanberra.com.au

Qualified Properties For Secondary Residence Potential

Potential Gross Return: 5.7%

Address: 2 Hopwood Place, Kambah ACT 2902 Block-Size: 704 sqm
Block: 5 Section: 228
Type: House House/Building Size: TBC
Bedrooms: 3 Bathrooms: 1
Garaging/Car Spots: 2 EER:
Unimproved Value: $541,000 (2022) UV Price Ratio: 76.2%
Sales Method: Private Treaty Recommend Purchase Price: 710000
Rates Residential: $2,914* Land Tax Residential: $4,522*
Property Link: https://www.allhomes.com.au/2-hopwood-place-kambah-act-2902 Marketing Agent: Mark Larmer and Aaron Lewis
Date Added: 02/01/23

Photos:

Block Details

Block Size: 704 sqm Block Type: Large Block
Zoning: RZ1: SUBURBAN Frontage Approx: 52.51
Precinct Code: 2 Hopwood Place, Kambah ACT 2902 Precinct Code Download Heritage: N/A
Planning Assessment Report: PAR - 2 Hopwood Place, Kambah ACT 2902

 

Suburb information

Median house price: 896250 Median house rent: 685
Suburb highest price: 1630000 Rental vacancy rate: 0.32
Medium household income (Census 2021): $2,207 Income to rent ratio: 31%
Download Suburb Profile: Profile - January 2023

Property Purchase Recommendation Summary

Recommend Purchase Price: $710,000 Estimated Stamp Duty: $23,472
Approx Legal And Building Report Costs: $3,000 Total Purchase Investment: $733,472

Recommended Secondary Residence

Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-124 Approx Turnkey Build Cost inc GST: $200,000
Downloadable Brochure: Design Brochure - 124 Download Proposal: PAP - 2 Hopwood Place, Kambah ACT 2902

 

Potential Rental Income

Rental Income Stratgety: Potential Gross Weekly Rental Income of Existing Property: $550
Potential Gross Weekly Rental Income of Recommended Design: $475 Potential Combined Gross Weekly Income: $1,025
Potential Combined Gross Annual Income: $53,300

Financial Summary

Total Purchase and Build Investment: $933,472 Potential Combined Gross Rental Annual Income: $53,300
Potential Gross % Return: 6%

Get Help Securing This Opportunity

Share Opportunity:
Contact Us