Withheld
-
Confidence
High
High
$3,650,000
Medium
$3,450,000
Low
$3,250,000
Confidence
Medium
"THE VINTAGE PROPERTY GROUP PRESENTS this Acerage with charming weatherboard duplex cottage, tucked behind Annangrove Shopping Centre, on a fully arable acreage offers endless possibilities. Ideal as an investment. It has the added advantage of bordering a commercial zone, while also being just moments to Box Hill and Sydneys northwest growth corridor. There is also potential to build a new home on the property, STCA. Initial research has also been done for this site in regards to the development potential for a childcare, swim school, gym, sports complex, function center, community hall, etc, STCA. The existing cottage has been reconfigured into two spacious separate selfcontained flats, together leased for 1035 per week. It could easily be restored back into a fourbedroom single residence, if desired Step inside to a lightfilled interior showcasing character features such as high ceilings, polished timber floors and sash style windows. Vintage French doors open to wide verandas providing space for outdoor entertaining or just taking in the peaceful vistas across the property. This tranquil semirural setting is uniquely positioned for convenience. It is a oneminute stroll to the local shops with grocery store, medical centre and pharmacy. Ideal for families, it is positioned just 450m from the local primary school and less than a 10minute drive to Rouse Hill Metro Station. Prime Annangrove Road address Original weatherboard cottage set on 4.1 Acre Potential to live in one property and lease out the other Both flats offer space and comfort with open plan living Excellent outdoor flow to separate outdoor verandas Combined rental potential income of 1035 per week Zoned for Annangrove Public and Rouse Hill High School For more information, please contact us at THE VINTAGE PROPERTY GROUP GREGORY HILLS on 02 4647 3526. Disclaimer All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy. we do not accept any responsibility for its accuracy and do no more than pass it on. Any interested persons should rely on their own enquiries."
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73.7%
$3.88M
0.8%
$50,000
-$94,075
2.3%
2.0%
-15.5%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$3,400,000
Stamp Duty
$170,055
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$340,000
Reg. Mortgage
$164
LMI Premium
$96,077
Renovation Costs
-
Total Cash/Equity Required
$608,492
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$78,000
$111,018
Property Management
+7.7% PA
$6,006
$8,548
Rates
+3.0% PA
$1,050
$1,370
Water
+3.0% PA
$1,127
$1,470
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$67,567
$96,694
Interest Repayments
$201,960
$201,960
Net Cashflow Before Tax
-$134,393
-$105,266
Depreciation
-
-
Tax Offset
-$40,318
-$31,580
Net Cashflow After Tax
-$94,075
-$73,686
Assumptions
Year 1
Year 10
Property Value
6.8%
$3,684,600
$6,660,880
Loan Balance
I.O
$3,060,000
$3,060,000
$624,600
$3,600,880
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2021 Population
Suburbs
Retail Trade - 19.0%
Health Care and Social Assistance - 13.0%
Construction - 11.0%
Professional, Scientific and Technical Services - 10.0%
Others - 47.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price