Qualified Properties For Secondary Residence Potential
Potential Gross Return: 5.61%
Address: 5 McArthur Place, Latham ACT 2615 | Block-Size: 868 sqm | ||
Block: 6 | Section: 108 | ||
Type: House | House/Building Size: TBC | ||
Bedrooms: 3 | Bathrooms: 1 | ||
Garaging/Car Spots: 1 | EER: | ||
Unimproved Value (2022): $423,000 (2022) | UV Price Ratio: 54.58% | ||
Sales Method: Private Treaty | Recommend Purchase Price: 775000 | ||
Rates Residential 2022: $2,502* | Land Tax Residential 2022: $3,631* | ||
Property Link: https://zango.com.au/sale/5-mcarthur-place-latham-act-2615-80866/ | Marketing Agent: Sandra Masters and Hannah Green | ||
Date Added: 14/06/23 |
Photos:
Block Details
Block Size: 868 sqm | Block Type: Large Block | ||
Zoning: RZ2: SUBURBAN CORE | Frontage Approx: | ||
Precinct Code: 5 McArthur Place, Latham ACT 2615 Precinct Code Download | Heritage: N/A | ||
Planning Assessment Report: PAR - 5 McArthur Place, Latham ACT 2615 |
Suburb information
Median house price (2022): $760,000 | Median house rent (2022): $560 | ||
Suburb highest price (2022): $1,235,000 | Rental vacancy rate (2022): 0.27% | ||
Medium household income (Census 2021): 2125% | Income to rent ratio: 26% | ||
Download Suburb Profile: Profile - June 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-124 | Approx Turnkey Build Cost inc GST: $216,259 | ||
Downloadable Brochure: Design Brochure - 124 | Download Proposal: PAP - 5 McArthur Place, Latham ACT 2615 |
Potential Rental Income
Rental Income Stratgety: | Potential Gross Weekly Rental Income of Existing Property: $600 | ||
Potential Gross Weekly Rental Income of Recommended Design: $500 | Potential Combined Gross Weekly Income: $1,100 | ||
Potential Combined Gross Annual Income: $57,200 |
Financial Summary
Total Purchase and Build Investment: $1,017,930 | Potential Combined Gross Rental Annual Income: $57,200 | ||
Potential Gross % Return: 6% |
Contact Us
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6/80 Emu Bank, Belconnen ACT
2617, Australia - [email protected]
- 0400 446 605