$2.1M
$343,684
Confidence
High
High
$2,450,000
Medium
$2,320,000
Low
$2,200,000
Confidence
Not Found
"Step into a world of possibilities with this exceptional property on 3 Primrose Avenue, Frenchs Forest. Boasting a generous nearlevel 775sqm block, this charming home presents a rare opportunity for families and investors alike. With its coveted R3 zoning, the potential for future development is immense, making it an ideal canvas for your vision, whether youre looking to renovate, extend, or redevelop. Highlights of This Premier Property Include Development Potential Zoned R3, offering exciting opportunities for future growth and investment. Spacious Living 3 generously sized bedrooms with builtin wardrobes, perfect for a growing family. Modern Comfort 2 wellappointed bathrooms designed for convenience and style. Outdoor Oasis Expansive backyard featuring a large covered pagoda, ideal for entertaining guests and enjoying quality time outdoors. Versatile Garage A spacious garage with workshop potential for hobbies or additional storage. Recreational Features Dive into the large pool and host summer BBQs in your private BBQ area. FamilyFriendly Childfriendly lawns and a lowmaintenance garden enhance outdoor living. Prime Location Enjoy the best of Frenchs Forest with easy access to Forestway and Glenrose shopping centres, the proposed town centre, and Northern Beaches Hospital. Additionally, top schools like Frenchs Forest Public School and The Forest High School are just moments away. With a frontage of 16.75m and a length of 45m, this property provides a rare blend of comfort, convenience, and potential. Cherished for almost 25 years, its now ready for the next chapter. Seize this extraordinary opportunity to make your mark in one of Frenchs Forests most desirable locations. Contact us today to arrange a private inspection or visit during our open house."
3%
78.5%
-
-
$35,000
-$98,373
-
-
-24.3%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$2,285,000
Stamp Duty
$108,730
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$228,500
Reg. Mortgage
$164
LMI Premium
$64,569
Renovation Costs
-
Total Cash/Equity Required
$404,159
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,427
$1,862
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
-$4,804
-$6,268
Interest Repayments
$135,729
$135,729
Net Cashflow Before Tax
-$140,533
-$141,997
Depreciation
-
-
Tax Offset
-$42,160
-$42,599
Net Cashflow After Tax
-$98,373
-$99,398
Assumptions
Year 1
Year 10
Property Value
6.8%
$2,477,760
$4,479,201
Loan Balance
I.O
$2,056,500
$2,056,500
$421,260
$2,422,701
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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
Retail Trade - 13.0%
Health Care and Social Assistance - 13.0%
Professional, Scientific and Technical Services - 10.0%
Accommodation and Food Services - 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