Potential Gross Return: 6%
Address: 48 Kingsmill Street, Kambah ACT 2902
Block-Size: 744 sqm
Block: 5
Section: 451
Type: House
House/Building Size: TBC
Bedrooms: 4
Bathrooms: 1
Garaging/Car Spots: 3
EER: 2.0
Unimproved Value (2022): $489,000 (2022)
UV Price Ratio: 61.20%
Sales Method: $799,000 (Private Treaty)
Recommend Purchase Price: $799,000
Rates Residential 2022: $2,655*
Land Tax Residential 2022: $3,962*
Property Link: https://zango.com.au/sale/48-kingsmill-street-kambah-act-2902-75733/
Marketing Agent: Dan Cooper
Date Added: 10/05/2023
Block Details:
Block Size: 744 sqm
Block Type: Large Block
Zoning: RZ1: SUBURBAN
Frontage Approx:
Precinct Code: 48 Kingsmill Street, Kambah ACT 2902 Precinct Code Download
Heritage: N/A
Planning Assessment Report: PAR - 48 Kingsmill Street, Kambah ACT 2902
Suburb Information:
Median House Price (2022): $822,500
Median House Rent (2022): $650
Suburb Highest Price (2022): $1,300,000
Rental Vacancy Rate (2022): 0.43%
Medium Household Income (Census 2021): $2,207
Income to Rent Ratio: 29%
Download Suburb Profile: Kambah Profile - May 2023
Property Purchase Recommendation Summary:
Recommend Purchase Price: $799,000
Estimated Stamp Duty: $28,091
Approx Legal and Building Report Costs: $3,000
Total Purchase Investment: $827,091
Recommended Secondary Residence:
Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-161
Approx Turnkey Build Cost inc GST: $234,516
Downloadable Brochure: Design Brochure - 161
Download Proposal: PAP - 48 Kingsmill Street, Kambah ACT 2902
Potential Rental Income:
Rental Income Stratgety:
Potential Gross Weekly Rental Income of Existing Property: $700
Potential Gross Weekly Rental Income of Recommended Design: $525
Potential Combined Gross Weekly Income: $1,225
Potential Combined Gross Annual Income: $63,700
Financial Summary:
Total Purchase and Build Investment: $1061606.77
Potential Combined Gross Rental Annual Income: $63,700
Potential Gross % Return: 6%
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