Potential Gross Return: 5.87% 

Address: 4 Lovegrove Place, Kambah ACT 2902

Block-Size: 780 sqm

Block: 4

Section: 425

Type: House

House/Building Size: TBC

Bedrooms: 3

Bathrooms: 1

Garaging/Car Spots: 1

EER: 3.4

Unimproved Value (2022): $500,000 (2022)

UV Price Ratio: 66.67%

Sales Method: $765,000 (Private Treaty)

Recommend Purchase Price: $750,000

Rates Residential 2022: $2,697* 

Land Tax Residential 2022: $4,051* 

Property Link: https://www.allhomes.com.au/4-lovegrove-place-kambah-act-2902

Marketing Agent: Steve Thomas

Date Added: 30/01/2023

  • Dining Room
  • Bathroom
  • Living Room
  • Back View
  • Deck
  • Kitchen
  • Kitchen
  • Living Room
  • Cupboard
  • Living Room
  • Kitchen
  • Kitchen
  • Bedroom
  • Bedroom
  • Bedroom
  • Bedroom
  • Bedroom
  • Bedroom
  • Bedroom Corner View
  • Sitting Area
  • Deck
  • Back View
  • Back View
  • Floor Plan

Block Details:

Block Size: 780 sqm

Block Type: Large Block

Zoning:  RZ2: SUBURBAN CORE

Frontage Approx:

Precinct Code: 4 Lovegrove Place, Kambah ACT 2902 Precinct Code Download 

Heritage: N/A

Planning Assessment Report: PAR - 4 Lovegrove Place, Kambah ACT 2902

  • Aerial View
  • Block Diagram
  • Easement
  • Front View
  • Length Of Boundaries
  • Building Offset
  • Block Diagram
  • Roofing
  • Upper Level Set Back
  • Verge Distance

Suburb Information:

Median House Price (2022): $875,000

Median House Rent (2022): $685

Suburb Highest Price (2022): $1,700,000​​

Rental Vacancy Rate (2022): 0.38%

Medium Household Income (Census 2021):  $2,206

Income to Rent Ratio:  31%

Download Suburb Profile:  Kambah Profile - January 2023

Property Purchase Recommendation Summary:

Recommend Purchase Price: $750,000

Estimated Stamp Duty: $25,200

Approx Legal and Building Report Costs: $3,000

Total Purchase Investment: $775,200

Recommended Secondary Residence:  

Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-160

Approx Turnkey Build Cost inc GST: $220,000

Downloadable Brochure: Design Brochure - 160 

Download Proposal: PAP - 4 Lovegrove Place, Kambah ACT 2902

  • Back View Snapshot Design 160
  • Front View Snapshot Design 160
  • Front View Snapshot Design 160
  • Floor Plan
  • Elevation Plan
  • Elevation Plan

Potential Rental Income:  

Rental Income Stratgety:

Potential Gross Weekly Rental Income of Existing Property: $600

Potential Gross Weekly Rental Income of Recommended Design: $525 

Potential Combined Gross Weekly Income:  $1,125 

Potential Combined Gross Annual Income: $58,500

Financial Summary:

Total Purchase and Build Investment: $995200

Potential Combined Gross Rental Annual Income: $58,500

Potential Gross % Return: 5.87% 

Get Help Securing This Opportunity:

Contact us

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. 

>