Potential Gross Return: 6% 

Address: 3 Mentha Place, Rivett ACT 2611

Block-Size: 1034 sqm

Block: 2

Section: 52

Type: House

House/Building Size: TBC

Bedrooms: 4

Bathrooms: 2

Garaging/Car Spots: 2

EER: 2.0

Unimproved Value (2022): $709,000 (2022)

UV Price Ratio: 91.48%

Sales Method: $799,000 (Private Treaty)

Recommend Purchase Price: $775,000

Rates Residential 2022: $3,320* 

Land Tax Residential 2022: $5,365* 

Property Link: https://www.allhomes.com.au/3-mentha-place-rivett-act-2611

Marketing Agent: Peter White and Nick Paine

Date Added: 27/03/2023

  • Garage Area
  • Living Room Area
  • Living Room Area 2
  • Living Room 4
  • Living Room Area
  • Corridor Area
  • Window With Curtain
  • Window With Cupboard
  • Bedroom
  • Window With Light
  • Bathroom With Window
  • Bedroom With Light
  • Bedroom 2 With Window
  • Bedroom 3 With Cupboard
  • Bathroom
  • Outside Area
  • Outside Area With Trees
  • Outside Area With Bench
  • Outside Garden Area
  • Outside Garden Area 2
  • Floorplan

Block Details:

Block Size: 1034 sqm

Block Type: Large Block

Zoning:  RZ1: SUBURBAN

Frontage Approx:

Precinct Code: 3 Mentha Place, Rivett ACT 2611 Precinct Code Download 

Heritage: N/A

Planning Assessment Report: PAR - 3 Mentha Place, Rivett ACT 2611

  • Aerial View
  • Block Diagram
  • Floorplan
  • Length Of Boundaries
  • Offset
  • Roofing Envelope
  • Upper Level Setback
  • Verge Distance

Suburb Information:

Median House Price (2022): $915,000

Median House Rent (2022): $690

Suburb Highest Price (2022): $990,000​​

Rental Vacancy Rate (2022): 0.43%

Medium Household Income (Census 2021):  $2,207

Income to Rent Ratio:  31%

Download Suburb Profile:  Rivett Profile - March 2023

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-256

Approx Turnkey Build Cost inc GST: $238,000

Downloadable Brochure: Design Brochure - 256 

Download Proposal: PAP - 3 Mentha Place, Rivett ACT 2611

  • Front View
  • Front View 2
  • Side View
  • Side View 2
  • Side View 3
  • Side View 4
  • Aerial View
  • Floorplan
  • Furniture Floorplan
  • Elevations

Potential Rental Income:  

Rental Income Stratgety:

Potential Gross Weekly Rental Income of Existing Property: $650

Potential Gross Weekly Rental Income of Recommended Design: $550 

Potential Combined Gross Weekly Income:  $1,200 

Potential Combined Gross Annual Income: $62,400

Financial Summary:

Total Purchase and Build Investment: $1,039,675

Potential Combined Gross Rental Annual Income: $62,400

Potential Gross % Return: 6% 

Get Help Securing This Opportunity:

Website Disclaimer  

We have done our best to ensure that the information provided on this Website and the resources available for download are accurate and provide valuable information. Regardless of anything to the contrary, nothing available on or through this website should be understood as a recommendation that you should not consult with a qualified financial advisor to address your personal circumstances and needs. The business expressly recommends that you seek advice from a professional.  

The information contained on this Website and the resources available for download intended as, through this website is not intended as, and shall not be understood or construed as, financial advice. I am not a solicitor accountant or financial advisor, nor am I holding myself out to be, and the information contained on the website is not suitable for financial advice from a professional who is aware of the facts and circumstances of your individual situation.