Call 7 days: 0400 446 605 Email: info@buyersagentcanberra.com.au

Qualified Properties For Secondary Residence Potential

Potential Gross Return: 7.08%

Address: 6 Newmarch Place, MacGregor ACT 2615 Block-Size: 866 sqm
Block: 8 Section: 77
Type: House House/Building Size: TBC
Bedrooms: 3 Bathrooms: 1
Garaging/Car Spots: EER: 2.0
Unimproved Value: $405,000 (2022) UV Price Ratio: 67.5%
Sales Method: Auction (2023-08-24) Recommend Purchase Price: 600000
Rates Residential: $2,363* Land Tax Residential: $3,539*
Property Link: https://www.allhomes.com.au/6-newmarch-place-macgregor-act-2615 Marketing Agent: Fleur Scheele
Date Added: 01/08/23

Photos:

Block Details

Block Size: 866 sqm Block Type: Large Block
Zoning: RZ1: SUBURBAN Frontage Approx:
Precinct Code: 6 Newmarch Place, MacGregor ACT 2615 Precinct Code Download Heritage: N/A
Planning Assessment Report: PAR - 6 Newmarch Place, MacGregor ACT 2615

 

Suburb information

Median house price: 812500 Median house rent: 600
Suburb highest price: 1030000 Rental vacancy rate: 0.71
Medium household income (Census 2021): $2,344 Income to rent ratio: 26%
Download Suburb Profile: Profile - August 2023

Property Purchase Recommendation Summary

Recommend Purchase Price: $600,000 Estimated Stamp Duty: $18,720
Approx Legal And Building Report Costs: $3,000 Total Purchase Investment: $618,720

Recommended Secondary Residence

Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-212 Approx Turnkey Build Cost inc GST: $232,206
Downloadable Brochure: Design Brochure - 212 Download Proposal: PAP - 6 Newmarch Place, MacGregor ACT 2615

 

Potential Rental Income

Rental Income Stratgety: Potential Gross Weekly Rental Income of Existing Property: $510
Potential Gross Weekly Rental Income of Recommended Design: $550 Potential Combined Gross Weekly Income: $1,160
Potential Combined Gross Annual Income: $60,320

Financial Summary

Total Purchase and Build Investment: $850,926 Potential Combined Gross Rental Annual Income: $60,320
Potential Gross % Return: 7%

Get Help Securing This Opportunity

Share Opportunity:
Contact Us