$780K
$135,403
Confidence
High
High
$925,000
Medium
$835,000
Low
$745,000
Confidence
Moderate
"Perched on an elevated block at one of Newcastles highest points, this stunningly positioned treetop home offers spectacular views stretching over lush pastures and verdant bushland all the way to the shimmering waters of Lake Macquarie. Rising behind this picturesque tableau are the blue peaks of Mt. Sugarloaf and the Watagans majestically framing the horizon. Within, be captivated by these vistas that grace every living space and two of the bedrooms, transporting you a world away from the hustle and bustle. Here, youll discover the spacious openplan living area, where high raked ceilings create a sense of airy relaxation. The timber and granite kitchen, a haven for the aspiring home chef, features a generously sized breakfast bar perfect for showcasing your culinary creations. As you chop and saut, the panoramic views through the kitchen window will make the experience feel more like a retreat than a chore. A spacious dining room awaits, ready to host elegant dinner parties, while the adjoining lounge invites you to relax and soak in the scenery. Both living spaces open out onto a fullwidth deck, ideal for savouring your morning cuppa or evening cocktail under the starry skies. Three generous bedrooms are on offer, each equipped with builtin robes. The master adds a second robe for maximum storage, along with dualaspect windows that frame those magnificent views. They share a freshly renovated bathroom, which transforms daily routines into moments of luxury. Imagine unwinding in the elegant freestanding bath, complete with bubbles, while revelling in the sophisticated ambience of this comforting inner sanctum. Ample storage for your vehicles is provided by a large double carport, while a spacious, powered workshop serves as an ideal space for hobbies and projects. Surrounding the home are natural easycare gardens. You wont be tied to the lawnmower here instead, you can spend your weekends relaxing on the treetop balcony or exploring the 182 acres of Blackbutt Reserve in the vicinity, along with Newcastles iconic beaches and Lake Macquaries recreational activities, all just a short drive away. Amenities are also convenient with Westfield Kotara and Charlestown Square accessible within minutes. Hospital workers will appreciate the easy access to both the John Hunter and Newcastle Private Hospitals from this home, while other commuters will enjoy the convenience of the Newcastle Bypass and Link Road to major arterial routes. Come and inspect today your treetop retreat awaits Features include Stunningly positioned treetop home showcasing spectacular views of Lake Macquarie, Mt. Sugarloaf, and the Watagans. Bright, open living spaces with a spacious, airconditioned lounge and generous dining area. Viewfilled timber and granite kitchen featuring a large corner pantry, dishwasher, and generous breakfast bar. Yearround entertaining is on the menu here with a spacious northfacing front deck perfect for soaking up the sun and a fullwidth rear deck enjoying picturesque views. Freshlyrenovated bathroom featuring a luxurious freestanding bath, walkin shower, floating vanity and separate toilet. Convenient integrated laundry with storage and a goodsized linen cupboard. Expansive double carport and a spacious powered workshop. Split system air conditioning in both the lounge and master bedroom. Wired alarm system for added peace of mind. Centrally located for easy access to local amenities. Outgoings Water rates 925.74 approx per annum Council rates 2,127.6 approx per annum Disclaimer All information provided by Presence Real Estate in the promotion of a property for either sale or lease has been gathered from various thirdparty sources that we believe to be reliable. However, Presence Real Estate cannot guarantee its accuracy, and we accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements in the information provided. Prospective purchasers and renters are advised to carry out their own investigations and rely on their own inquiries. All images, measurements, diagrams, renderings and data are indicative and for illustrative purposes only and are subject to change. The information provided by Presence Real Estate is general in nature and does not take into account the individual circumstances of the person or persons objective financial situation or needs."
-
77.1%
$765K
4%
-$10,000
-$19,987
3.4%
2.6%
-14.1%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$820,000
Estimated Purchase Price
$845,000
Stamp Duty
$32,760
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$84,500
Reg. Mortgage
$164
LMI Premium
$21,759
Renovation Costs
-
Total Cash/Equity Required
$141,379
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
$1,381
$1,802
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
$21,640
$31,364
Interest Repayments
$50,193
$50,193
Net Cashflow Before Tax
-$28,553
-$18,829
Depreciation
-
-
Tax Offset
-$8,566
-$5,649
Net Cashflow After Tax
-$19,987
-$13,180
Assumptions
Year 1
Year 10
Property Value
6.8%
$891,780
$1,612,126
Loan Balance
I.O
$760,500
$760,500
$131,280
$851,626
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Location, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
2021 Population
Suburbs
Health Care and Social Assistance - 18.0%
Retail Trade - 14.0%
Construction - 9.0%
Education and Training - 9.0%
Others - 50.0%
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