Withheld
$72,153
"Perfectly positioned in the sought after pocket of Orange Grove Road with amazing views of Brisbane Waters. This is a must see for all buyers looking to make the move into this prestigious area. This spacious Two Storey, 4 bedroom home is proudly set on an impressive 528.8sqm elevated block. Upstairs boasts the master bedroom with ensuite, two generous bedrooms, Updated Kitchen with Double Stainless steel Oven with gas cooktop, Diningliving rooms that flow onto 2 amazing balconies, facing North and also West, overlooking Brisbane Waters. Downstairs offers fourth bedroom, laundry with 3rd bathroom, double lock up garage and Impressive 7.5m x 10m of under house storage. Property Features Master bed with ensuite and built in robes Three bedrooms, 1 with built ins Updated kitchen including Dishwasher and ample storage space Open Living and dining with Balcony views and access Spacious 3 way bathroom Sweeping North and West facing Balconies with Water Views Laundry with 3rd bathroom Downlights Ceiling Lights Plantation shutters Split system Airconditioning Internal access to double lock up garage, spanning 6.8m x 8.3m Underhouse storage Double tandem lock up carport Undercover patio area Landscaped gardens The short but rewarding stroll to Brisbane waters is only 55m from this home. Other local landmarks include 1.6 km to Ettalong Beach which is a 3 minute drive or 20 minute walk, 5kms to Umina Beach or 9minute drive and 3.2kms to Woy Woy 6 min drive. For more information on this stunning waterside property, or to book an inspection Please contact Michael Ball on 0414 264 668."
-
67.6%
-
-
-$990,000
-$74,043
1.3%
1.0%
-19.5%
6.0%
Asking Price
$2,000,000
Estimated Purchase Price
$2,150,000
Stamp Duty
$101,305
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$215,000
Reg. Mortgage
$164
LMI Premium
$60,754
Renovation Costs
-
Total Cash/Equity Required
$379,419
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
Rates
+3.0% PA
$1,086
$1,417
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
$21,935
$31,749
Interest Repayments
$127,710
$127,710
Net Cashflow Before Tax
-$105,775
-$95,961
Depreciation
-
-
Tax Offset
-$31,733
-$28,788
Net Cashflow After Tax
-$74,043
-$67,173
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,238,880
$2,239,600
Loan Balance
I.O
$1,935,000
$1,935,000
-$696,120
$304,600
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2016 Population
Suburbs
Health Care and Social Assistance - 18.0%
Retail Trade - 13.0%
Accommodation and Food Services - 9.0%
Construction - 8.0%
Others - 52.0%
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