Potential Gross Return: 6.32% 

Address: 6 Mcilveen Place, Oxley ACT 2903

Block-Size: 712 sqm

Block: 4

Section: 28

Type: House

House/Building Size: TBC

Bedrooms: 3

Bathrooms: 1

Garaging/Car Spots: 1

EER: 3.5

Unimproved Value (2022): $500,000 (2022)

UV Price Ratio: 67.66%

Sales Method: $739,000 (Private Treaty)

Recommend Purchase Price: $739,000

Rates Residential 2022: $2,699* 

Land Tax Residential 2022: $3,856* 

Property Link: https://zango.com.au/sale/6-mcilveen-place-oxley-act-2903-79237/

Marketing Agent: Symon Badenoch and Lucia Marzano

Date Added: 21/06/2023

  • Front View
  • Living Room With Window
  • Living Room With Lamp
  • Living Room With Door
  • Kitchen Room With Cooktop
  • Kitchen Room With Window
  • Bed Room With Window
  • Bed Room With Light
  • Bed Room With Light
  • Bath Room With Bathtub
  • Bed Room With Door
  • Outside Area
  • Outside Area With Trees
  • Outside Area With Trees
  • Outside Area With Trees
  • Outside Garden Area
  • Floorplan

Block Details:

Block Size: 712 sqm

Block Type: Large Block

Zoning:  RZ1: SUBURBAN

Frontage Approx:

Precinct Code: 6 Mcilveen Place, Oxley ACT 2903 Precinct Code Download 

Heritage: N/A

Planning Assessment Report: PAR - 6 Mcilveen Place, Oxley ACT 2903

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

Suburb Information:

Median House Price (2022): $759,000

Median House Rent (2022): $740

Suburb Highest Price (2022): $1,230,000​​

Rental Vacancy Rate (2022): 0.15%

Medium Household Income (Census 2021):  $2,393

Income to Rent Ratio:  31%

Download Suburb Profile:  Oxley Profile - June 2023

Property Purchase Recommendation Summary:

Recommend Purchase Price: $739,000

Estimated Stamp Duty: $24,725

Approx Legal and Building Report Costs: $3,000

Total Purchase Investment: $763,725

Recommended Secondary Residence:  

Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-384

Approx Turnkey Build Cost inc GST: $345,681

Downloadable Brochure: Design Brochure - 384 

Download Proposal: PAP - 6 Mcilveen Place, Oxley ACT 290

  • Front 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: $750 

Potential Combined Gross Weekly Income:  $1,350 

Potential Combined Gross Annual Income: $70,200

Financial Summary:

Total Purchase and Build Investment: $1,109,406

Potential Combined Gross Rental Annual Income: $70,200

Potential Gross % Return: 6.32% 

Get Help Securing This Opportunity:

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