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: 0

EER: 2.0

Unimproved Value (2022): $405,000 (2022)

UV Price Ratio: 67.50%

Sales Method: Auction (2023-08-24)

Recommend Purchase Price: $600,000

Rates Residential 2022: $2,363* 

Land Tax Residential 2022: $3,539* 

Property Link: https://www.allhomes.com.au/6-newmarch-place-macgregor-act-2615

Marketing Agent: Fleur Scheele

Date Added: 01/08/2023

  • Front View
  • Living Area
  • Bed Room With Window
  • Bed Room With Light
  • Bed Room With Air conditioner
  • Kitchen Room With Window
  • Living Room With Tube Light
  • Bed Roow With Window 2
  • Bed Room With Light
  • Bed Room With Light 2
  • Bath Room With Bath Tub
  • Room With Wardrobe
  • Outside Area 1
  • Outside Area 2
  • Outside Area 3
  • Outside Area 4

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

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

Suburb Information:

Median House Price (2022): $812,500

Median House Rent (2022): $600

Suburb Highest Price (2022): $1,030,000​​

Rental Vacancy Rate (2022): 0.71%

Medium Household Income (Census 2021):  $2,344

Income to Rent Ratio:  26%

Download Suburb Profile:  Macgregor 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

  • Front View
  • Front View 2
  • Front View 3
  • Top View
  • Floorplan
  • Furniture Floorplan
  • Elevations

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: $850925.71

Potential Combined Gross Rental Annual Income: $60,320

Potential Gross % Return: 7.08% 

Get Help Securing This Opportunity:

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