Withheld
$377,587
Confidence
High
High
$1,060,000
Medium
$970,000
Low
$880,000
Confidence
Medium
"Welcome to an exquisite threebedroom waterfront retreat situated in the heart of Fishing Point, offering a premier absolute waterfront experience. Perfectly tailored for families or as a serene holiday haven, this immaculate property boasts an unrivaled position directly on the water, complete with deep water access, boatshed, slip rails and a private jetty perfect for large boats with 56ft of water at Jetty end creating an ideal environment for unforgettable aquatic pursuits. Occupying 584sqm of meticulously landscaped grounds, this residence includes a spacious double garage and an additional double carport, ensuring ample parking for residents and guests. Step inside to discover an elegantly presented living space where the kitchen, featuring captivating lake views, flows seamlessly into the living room and expansive outdoor entertaining deck. The master bedroom offers a luxurious escape, complete with a generous walkin robe and a private balcony that commands sweeping, unobstructed views of the lake. The homes design enhances its waterfront allure, with elevated lake vistas visible throughout. An upstairs bathroom serves as a convenient ensuite, complemented by a downstairs bathroom both freshly renovated. Outside, the level grassed area by the waters edge is perfect for yearround entertaining, embodying the essence of waterfront living. Experience the pinnacle of lakeside elegance and comfort of Sealand Road. Rathmines Public School 2.3kms, Toronto High School 13 mins 15mins Fassifern Station, 40 mins Newcastle CBD and beaches, 80mins Sydney Avery Property Professionals are proud to present this absolute waterfront to the market. Please contact Craig Avery or Charlotte Nelmes today to secure your inspection. The Waterfront Specialists Disclaimer We have obtained this property information from sources we believe to be reliable however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations."
-
78.2%
$1.08M
3.3%
$15,000
-$26,241
2.7%
2.0%
-16.4%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$955,000
Stamp Duty
$37,710
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$95,500
Reg. Mortgage
$164
LMI Premium
$24,592
Renovation Costs
-
Total Cash/Equity Required
$160,161
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$26,000
$37,006
Property Management
+7.7% PA
$2,002
$2,849
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
$19,240
$27,949
Interest Repayments
$56,727
$56,727
Net Cashflow Before Tax
-$37,487
-$28,778
Depreciation
-
-
Tax Offset
-$11,246
-$8,634
Net Cashflow After Tax
-$26,241
-$20,145
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,035,960
$1,872,769
Loan Balance
I.O
$859,500
$859,500
$176,460
$1,013,269
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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