Potential Gross Return: 6.48%
Address: 4 Montagu Place, Evatt ACT 2617
Block-Size: 546 sqm
Block: 20
Section: 85
Type: House
House/Building Size: TBC
Bedrooms: 2
Bathrooms: 1
Garaging/Car Spots: 1
EER: 0
Unimproved Value (2022): $474,000 (2022)
UV Price Ratio: 69.71%
Sales Method: $680,000 (Private Treaty)
Recommend Purchase Price: $680,000
Rates Residential 2022: $2,510*
Land Tax Residential 2022: $3,647*
Property Link: https://www.allhomes.com.au/4-montagu-place-evatt-act-2617
Marketing Agent: Richard King
Date Added: 31/12/2022
Block Details:
Block Size: 546 sqm
Block Type: Large Block
Zoning: RZ1: SUBURBAN
Frontage Approx:
Precinct Code: 4 Montagu Place, Evatt ACT 2617 Precinct Code Download
Heritage: N/A
Planning Assessment Report: PAR - 4 Montagu Place, Evatt ACT 2617
Suburb Information:
Median House Price (2022): $880,000
Median House Rent (2022): $650
Suburb Highest Price (2022): $1,385,000
Rental Vacancy Rate (2022): 0.53
Medium Household Income (Census 2021): $2,428
Income to Rent Ratio: 27%
Download Suburb Profile: Evatt Profile - December 2022
Property Purchase Recommendation Summary:
Recommend Purchase Price: $680,000
Estimated Stamp Duty: $22,176
Approx Legal and Building Report Costs: $3000
Total Purchase Investment: $702,176
Recommended Secondary Residence:
Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-161
Approx Turnkey Build Cost inc GST: $220,000
Downloadable Brochure: Design Brochure 161
Download Proposal: PAP - 4 Montagu Place, Evatt ACT 2617
Potential Rental Income:
Rental Income Stratgety:
Potential Gross Weekly Rental Income of Existing Property: $600
Potential Gross Weekly Rental Income of Recommended Design: $550
Potential Combined Gross Weekly Income: $1,150
Potential Combined Gross Annual Income: $59,800
Financial Summary:
Total Purchase and Build Investment: $922176
Potential Combined Gross Rental Annual Income: $59,800
Potential Gross % Return: 6.48%
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