$1.9M
$367,507
Confidence
High
High
$1,872,200
Medium
$1,702,000
Low
$1,531,800
Confidence
High
"Outstanding Development Opportunity, Zoned R4 Property in UltraCentral Setting Occupying an impressive 664sqm level block with rear lane access, this wellpresented fourbedroom home is zoned R4 and represents an outstanding development opportunity in an ultracentral setting. It currently comprises a single level layout with light and airy interiors appointed with polished timber flooring and high ceilings. There is a combined livingdining area plus a large timber kitchen with ample cupboard storage, while to the rear is an oversized sun washed backyard with rear lane access. Complete with parking for six cars, it presents exciting scope to capitalise on a highly convenient address within walking distance of Campsies vibrant hub, Canterbury and Campsie Stations as well as Tasker Park, Canterbury Leisure and Aquatic Centre and a variety of quality schools. Wellpresented with polished timber floors, high ceilings Combined livingdining, large gas kitchen, ample storage Undercover courtyard, oversized sunny level backyard Wellsized bedrooms, two appointed with builtin robes Bright and airy bathroom, wide timber casement windows Zoned R4 with outstanding scope for redevelopment Potential to renovateknockdownrebuild new home STCA Carportparking for six cars, storage shed, external laundry Walk to Campsies shopping hub, CampsieCanterbury Stations Close to Cooks River Parklands, schools and Tasker Park Total Property Size 664sqm approx. Details Francois Vassiliades 0400 131 415 Peter Kassas 0404 003 320"
-
26.9%
-
-
$25,000
-$44,223
2.6%
2.2%
-15.1%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$1,675,000
Stamp Duty
$75,180
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$167,500
Reg. Mortgage
$164
LMI Premium
$47,332
Renovation Costs
-
Total Cash/Equity Required
$292,372
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$44,200
$62,910
Property Management
+7.7% PA
$3,403
$4,844
Rates
+3.0% PA
$1,101
$1,437
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
$36,319
$52,224
Interest Repayments
$99,495
$99,495
Net Cashflow Before Tax
-$63,176
-$47,271
Depreciation
-
-
Tax Offset
-$18,953
-$14,181
Net Cashflow After Tax
-$44,223
-$33,090
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,815,600
$3,282,173
Loan Balance
I.O
$1,507,500
$1,507,500
$308,100
$1,774,673
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2021 Population
Suburbs
Manufacturing - 13.0%
Health Care and Social Assistance - 13.0%
Retail Trade - 10.0%
Construction - 9.0%
Others - 55.0%
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