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: 0

Unimproved Value (2022): $423,000 (2022)

UV Price Ratio: 54.58%

Sales Method: Private Treaty

Recommend Purchase Price: $775,000

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: 14/06/2023

  • Front View
  • Front View With Chairs
  • Kitchen With Light
  • Aerial View 1
  • Aerial View 2
  • Aerial View 3
  • Aerial View 4

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

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

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):  $2,125

Income to Rent Ratio:  26%

Download Suburb Profile:  Latham 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

  • Front View
  • Side View
  • Top View
  • Floorplan
  • Furniture Floorplan
  • Elevations

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: $1,017,934

Potential Combined Gross Rental Annual Income: $57,200

Potential Gross % Return: 5.61% 

Get Help Securing This Opportunity:

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