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FREE PLANNING ASSESSMENT

29 Tepper Circuit,Kambah ACT 2902

29 Tepper Circuit,Kambah ACT 2902

Property Information:

Address:	29 Tepper Circuit, Kambah ACT 2902
Property Type:	House
Block:	7
Section:	105
Single Dwelling Code:	Rz1
Block Size:	604 m2 (approx)
House Size:	-
Bedrooms:	3
Bathrooms and Ensuites :	1
Garaging:	2
Carport:	1
EER:	2
Unimproved Value:	$333,000 (2018)
Rates:	Approx. $2,318 pa (Assuming residential)
Land Tax:	Approx. $3,088 pa (If rented out)
Marketing Link:	https://www.allhomes.com.au/sale/29-tepper-circuit-kambah-canberra-176512590

Sale Information:

Sale Method:	Private Treaty
Asking Price:	$450,000+
Auction Details:	N/A
Agents Price:	High:$450,000 Low:$450,000
Assumed Sale Price:	$450,000
Stamp Duty:	$10,300

Suburb Information:

Suburb Median House Value (non-unit):	$540,000
Suburb Median Rental Value (non-unit):	$500
Rental Vacancy Rate:	0.25 %
Census Data:	Link
Highest Sales Price:

Suitability for a Secondary Residence:

Block Size:	604 m2
Zoning:	RZ1: SUBURBAN The block is permitted to build a secondary residence subject to DA ( process managed by CGFB).
Easements:	Inspection and review of the block indicates the following easements Electrical easement, South west boundary and north west boundary Sewer easement- South west boundary
Trees that may impact on DA:	Based on the inspection and review of property, there doesn’t appear to have trees that may impact on development application.
Heritage Zoning:	The property is not impacted by heritage rules.
Plot Ratio & Private Open Space:	Based on the inspection and review of property there doesn’t appear to be any major issues relating to the Plot Ratio or Private Open Space.
Topography of Block	Based on the inspection and review of the property there is minimal elevation or undulation on the block.
Price of land per SQM:	$746.3+

Investment Analysis:

Purchase Price:	$450,000
Legal, Loan Establishment and Building Report Costs:	$3,000 inc GST
Stamp Duty:	$10,300 (May 2019)
Suggested Secondary Residence Design:	https://www.canberragrannyflatbuilders.com.au/design-pages/design-226
Fixed Price Guarantee:	$175,901 inc GST
Projected Total Investment – Property Purchase and Build:	$639,201
Estimated Rental For The Existing Property:	$450 per week or $23,400 per annum
Estimated Rental Return For The Suggested Design:	$475 per week or $24,700 per annum
Estimated Combined Gross Rental Return:	$48,100
Gross % Return Excluding Deprecation:	7.53%

Suggested designs for this property.

Design 120

Design 140

Design 160

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