Qualified Properties For Secondary Residence Potential
Potential Gross Return: 6%
Address: 48 Kingsmill Street, Kambah ACT 2902 | Block-Size: 744 sqm | ||
Block: 5 | Section: 451 | ||
Type: House | House/Building Size: TBC | ||
Bedrooms: 4 | Bathrooms: 1 | ||
Garaging/Car Spots: 3 | EER: 2.0 | ||
Unimproved Value (2022): $489,000 (2022) | UV Price Ratio: 61.2% | ||
Sales Method: $799,000 (Private Treaty) | Recommend Purchase Price: 799000 | ||
Rates Residential 2022: $2,655* | Land Tax Residential 2022: $3,962* | ||
Property Link: https://zango.com.au/sale/48-kingsmill-street-kambah-act-2902-75733/ | Marketing Agent: Dan Cooper | ||
Date Added: 10/05/23 |
Photos:
Block Details
Block Size: 744 sqm | Block Type: Large Block | ||
Zoning: RZ1: SUBURBAN | Frontage Approx: | ||
Precinct Code: 48 Kingsmill Street, Kambah ACT 2902 Precinct Code Download | Heritage: N/A | ||
Planning Assessment Report: PAR - 48 Kingsmill Street, Kambah ACT 2902 |
Suburb information
Median house price (2022): $822,500 | Median house rent (2022): $650 | ||
Suburb highest price (2022): $1,300,000 | Rental vacancy rate (2022): 0.43% | ||
Medium household income (Census 2021): 2207% | Income to rent ratio: 29% | ||
Download Suburb Profile: Profile - May 2023 |
Property Purchase Recommendation Summary
Recommend Purchase Price: $799,000 | Estimated Stamp Duty: $28,091 | ||
Approx Legal And Building Report Costs: $3,000 | Total Purchase Investment: $827,091 |
Recommended Secondary Residence
Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-161 | Approx Turnkey Build Cost inc GST: $234,516 | ||
Downloadable Brochure: Design Brochure - 161 | Download Proposal: PAP - 48 Kingsmill Street, Kambah ACT 2902 |
Potential Rental Income
Rental Income Stratgety: | Potential Gross Weekly Rental Income of Existing Property: $700 | ||
Potential Gross Weekly Rental Income of Recommended Design: $525 | Potential Combined Gross Weekly Income: $1,225 | ||
Potential Combined Gross Annual Income: $63,700 |
Financial Summary
Total Purchase and Build Investment: $1,061,607 | Potential Combined Gross Rental Annual Income: $63,700 | ||
Potential Gross % Return: 6% |
Contact Us
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2617, Australia - [email protected]
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