Potential Gross Return: 6.48% 

Address: 4 Montagu Place, Evatt ACT 2617

Block-Size: 546 sqm

Block: 20

Section: 85

Type: House

House/Building Size: TBC

Bedrooms: 2

Bathrooms: 1

Garaging/Car Spots: 1

EER: 0

Unimproved Value (2022): $474,000 (2022)

UV Price Ratio: 69.71%

Sales Method: $680,000 (Private Treaty)

Recommend Purchase Price: $680,000

Rates Residential 2022: $2,510* 

Land Tax Residential 2022: $3,647* 

Property Link: https://www.allhomes.com.au/4-montagu-place-evatt-act-2617

Marketing Agent: Richard King

Date Added: 31/12/2022

  • Front View
  • Living Room
  • Kitchen
  • Kitchen
  • Room
  • Room
  • Bathroom
  • Room
  • Back View
  • Back View
  • Back View
  • Floorplan

Block Details:

Block Size: 546 sqm

Block Type: Large Block

Zoning:  RZ1: SUBURBAN

Frontage Approx:

Precinct Code: 4 Montagu Place, Evatt ACT 2617 Precinct Code Download 

Heritage: N/A

Planning Assessment Report: PAR - 4 Montagu Place, Evatt ACT 2617

  • Aerial View
  • Easement
  • Front Access
  • Length of Boundaries
  • Offset
  • Block Diagram
  • Floorplan
  • Roofing
  • Upper Level Setback
  • Verge Distance

Suburb Information:

Median House Price (2022): $880,000

Median House Rent (2022): $650

Suburb Highest Price (2022): $1,385,000​​

Rental Vacancy Rate (2022): 0.53

Medium Household Income (Census 2021):  $2,428

Income to Rent Ratio:  27%

Download Suburb Profile:  Evatt Profile - December 2022

Property Purchase Recommendation Summary:

Recommend Purchase Price: $680,000

Estimated Stamp Duty: $22,176

Approx Legal and Building Report Costs: $3000

Total Purchase Investment: $702,176

Recommended Secondary Residence:  

Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-161

Approx Turnkey Build Cost inc GST: $220,000

Downloadable Brochure: Design Brochure 161 

Download Proposal: PAP - 4 Montagu Place, Evatt ACT 2617

  • Snapshot Front View Design 161
  • Snapshot Design 161
  • Snapshot Labelled Design 161
  • Snapshot Labelled Aerial View Design 161
  • Dimension Floorplan 161
  • Furniture Floorplan 161
  • Elevations 161

Potential Rental Income:  

Rental Income Stratgety:

Potential Gross Weekly Rental Income of Existing Property: $600

Potential Gross Weekly Rental Income of Recommended Design: $550 

Potential Combined Gross Weekly Income:  $1,150 

Potential Combined Gross Annual Income: $59,800

Financial Summary:

Total Purchase and Build Investment: $922176

Potential Combined Gross Rental Annual Income: $59,800

Potential Gross % Return: 6.48% 

Get Help Securing This Opportunity:

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