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: $995,200

Potential Combined Gross Rental Annual Income: $58,500

Potential Gross % Return: 5.87% 

Get Help Securing This Opportunity:

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