Potential Gross Return: 6.58%
Address: 3 Seddon Place, Flynn ACT 2615
Block-Size: 737 sqm
Block: 6
Section: 26
Type: House
House/Building Size: TBC
Bedrooms: 3
Bathrooms: 2
Garaging/Car Spots: 2
EER: 0
Unimproved Value (2022): $526,000 (2022)
UV Price Ratio: 75.14%
Sales Method: $699,000 (Private Treaty)
Recommend Purchase Price: $700,000
Rates Residential 2022: $2,787*
Land Tax Residential 2022: $4,247*
Property Link: https://www.allhomes.com.au/3-seddon-place-flynn-act-2615
Marketing Agent: Matt Sebbens and Chris Churchill
Date Added: 01/03/2023
Block Details:
Block Size: 737 sqm
Block Type: Large Block
Zoning: RZ2: SUBURBAN CORE
Frontage Approx:
Precinct Code: 3 Seddon Place, Flynn ACT 2615 Precinct Code Download
Heritage: N/A
Planning Assessment Report: PAR - 3 Seddon Place, Flynn ACT 2615
Suburb Information:
Median House Price (2022): $955,000
Median House Rent (2022): $670
Suburb Highest Price (2022): $1,765,000
Rental Vacancy Rate (2022): 0.54%
Medium Household Income (Census 2021): $2,727
Income to Rent Ratio: 25%
Download Suburb Profile: Flynn Profile - March 2023
Property Purchase Recommendation Summary:
Recommend Purchase Price: $700,000
Estimated Stamp Duty: $23,040
Approx Legal and Building Report Costs: $3,000
Total Purchase Investment: $723,040
Recommended Secondary Residence:
Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-144
Approx Turnkey Build Cost inc GST: $225,000
Downloadable Brochure: Design Brochure - 144
Download Proposal: PAP - 3 Seddon Place, Flynn ACT 2615
Potential Rental Income:
Rental Income Stratgety:
Potential Gross Weekly Rental Income of Existing Property: $650
Potential Gross Weekly Rental Income of Recommended Design: $550
Potential Combined Gross Weekly Income: $1,200
Potential Combined Gross Annual Income: $62,400
Financial Summary:
Total Purchase and Build Investment: $948040
Potential Combined Gross Rental Annual Income: $62,400
Potential Gross % Return: 6.58%
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