Potential Gross Return: 6.8%
Address: 69 Bennelong Crescent Macquarie, ACT 2614
Block-Size: 736 sqm
Block: 7
Section: 22
Type: House
House/Building Size: TBC
Bedrooms: 3
Bathrooms: 1
Garaging/Car Spots: 1
EER: 1.0
Unimproved Value (2022): $761,000 (2022)
UV Price Ratio: 95.13%
Sales Method: $795,000 (Private Treaty)
Recommend Purchase Price: $800,000
Rates Residential 2022: $3,609*
Land Tax Residential 2022: $5,940*
Property Link: https://zango.com.au/sale/69-bennelong-crescent-macquarie-act-2614-73187/
Marketing Agent: Troy Thompson and Olivia Fairweather
Date Added: 08/02/2023
Block Details:
Block Size: 736 sqm
Block Type: Large Block
Zoning: RZ2: SUBURBAN CORE
Frontage Approx:
Precinct Code: 69 Bennelong Crescent Macquarie, ACT 2614 Precinct Code Download
Heritage: N/A
Planning Assessment Report: PAR - 69 Bennelong Crescent Macquarie, ACT 2614
Suburb Information:
Median House Price (2022): $1,095,000
Median House Rent (2022): $730
Suburb Highest Price (2022): $1,637,000
Rental Vacancy Rate (2022): 0.60%
Medium Household Income (Census 2021): $1,947
Income to Rent Ratio: 37%
Download Suburb Profile: Macquarie Profile - February 2023
Property Purchase Recommendation Summary:
Recommend Purchase Price: $800,000
Estimated Stamp Duty: $28,150
Approx Legal and Building Report Costs: $3,000
Total Purchase Investment: $828,150
Recommended Secondary Residence:
Recommended Secondary Residence: https://www.canberragrannyflatbuilders.com.au/design-pages/design-488
Approx Turnkey Build Cost inc GST: $375,000
Downloadable Brochure: Design Brochure - 488
Potential Rental Income:
Rental Income Stratgety:
Potential Gross Weekly Rental Income of Existing Property: $575
Potential Gross Weekly Rental Income of Recommended Design: $1,000
Potential Combined Gross Weekly Income: $1,575
Potential Combined Gross Annual Income: $81,900
Financial Summary:
Total Purchase and Build Investment: $1203150
Potential Combined Gross Rental Annual Income: $81,900
Potential Gross % Return: 6.8%
Get Help Securing This Opportunity:
0 comments