Potential Gross Return: 6%
Address: 3 Mentha Place, Rivett ACT 2611
Block-Size: 1034 sqm
Block: 2
Section: 52
Type: House
House/Building Size: TBC
Bedrooms: 4
Bathrooms: 2
Garaging/Car Spots: 2
EER: 2.0
Unimproved Value (2022): $709,000 (2022)
UV Price Ratio: 91.48%
Sales Method: $799,000 (Private Treaty)
Recommend Purchase Price: $775,000
Rates Residential 2022: $3,320*
Land Tax Residential 2022: $5,365*
Property Link: https://www.allhomes.com.au/3-mentha-place-rivett-act-2611
Marketing Agent: Peter White and Nick Paine
Date Added: 27/03/2023
Block Details:
Block Size: 1034 sqm
Block Type: Large Block
Zoning: RZ1: SUBURBAN
Frontage Approx:
Precinct Code: 3 Mentha Place, Rivett ACT 2611 Precinct Code Download
Heritage: N/A
Planning Assessment Report: PAR - 3 Mentha Place, Rivett ACT 2611
Suburb Information:
Median House Price (2022): $915,000
Median House Rent (2022): $690
Suburb Highest Price (2022): $990,000
Rental Vacancy Rate (2022): 0.43%
Medium Household Income (Census 2021): $2,207
Income to Rent Ratio: 31%
Download Suburb Profile: Rivett Profile - March 2023
Property Purchase Recommendation Summary:
Recommend Purchase Price: $775,000
Estimated Stamp Duty: $26,675
Approx Legal and Building Report Costs: $3,000
Total Purchase Investment: $801,675
Recommended Secondary Residence:
Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-256
Approx Turnkey Build Cost inc GST: $238,000
Downloadable Brochure: Design Brochure - 256
Download Proposal: PAP - 3 Mentha Place, Rivett ACT 2611
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: $1039675
Potential Combined Gross Rental Annual Income: $62,400
Potential Gross % Return: 6%
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