Potential Gross Return: 6.41%
Address: 9 Franks Place, Kambah ACT 2902
Block-Size: 724 sqm
Block: 4
Section: 251
Type: House
House/Building Size: TBC
Bedrooms: 3
Bathrooms: 1
Garaging/Car Spots: 1
EER: 1.0
Unimproved Value (2022): $497,000 (2022)
UV Price Ratio: 68.55%
Sales Method: Auction (2023-04-29)
Recommend Purchase Price: $725,000
Rates Residential 2022: $2,710*
Land Tax Residential 2022: $4,081*
Property Link: https://www.allhomes.com.au/9-franks-place-kambah-act-2902
Marketing Agent: Campbell Jones and Zachary Cunningham
Date Added: 19/04/2023
Block Details:
Block Size: 724 sqm
Block Type: Large Block
Zoning: RZ1: SUBURBAN
Frontage Approx:
Precinct Code: 9 Franks Place, Kambah ACT 2902 Precinct Code Download
Heritage: N/A
Planning Assessment Report: PAR - 9 Franks Place, Kambah ACT 2902
Suburb Information:
Median House Price (2022): $830,000
Median House Rent (2022): $650
Suburb Highest Price (2022): $1,300,000
Rental Vacancy Rate (2022): 0.41%
Medium Household Income (Census 2021): $2,207
Income to Rent Ratio: 29%
Download Suburb Profile: Kambah Profile - April 2023
Property Purchase Recommendation Summary:
Recommend Purchase Price: $725,000
Estimated Stamp Duty: $24,120
Approx Legal and Building Report Costs: $3,000
Total Purchase Investment: $749,120
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 - 9 Franks Place, Kambah ACT 2902
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: $1094801.15
Potential Combined Gross Rental Annual Income: $70,200
Potential Gross % Return: 6.41%
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