$3.8M
$780,392
Confidence
High
High
$3,500,000
Medium
$3,150,000
Low
$2,800,000
Confidence
Moderate
"Poised above a tranquil slip culdesac with sweeping leafy views to the north, this stylish residence is designed for flexible modern living with a separate retreat providing options for multigenerational families or extra income. Refreshingly bright and breezy, renovated from toptobottom and extending to a sunny north verandah plus a private rear deck and near level lawn, it is only footsteps from Manly Andrew Boy Charlton Swim Centre and a sixminute stroll to Manly Beach. Generous Lshaped living space with a separate dining area and a north window framing leafy views A wide verandah captures the northern sun, sweeping district vistas and soothing summer breezes Sleek CaesarStone kitchen with a ceramic cooktop, stainless steel dishwasher and a pantry Ample double bedrooms, sunny main has mirrored builtins and district views and the second has builtins Completely refurbished whole floor rumpusguest studio with kitchenette, sleeping area and bathroom Chic asnew family bathroom with separate bath, shower and wc, high ceilings and timber flooring Extensive rear entertainers deck steps to private nearlevel enclosed lawn framed by palms and a frangipani Discretely recessed from the street in a slipculdesac, 499sqm on title with landscaped easycare gardens Slip across the road to the swim centre with heated indooroutdoor pools, spa, sauna, steam room and gym Short stroll to Graham Reserve, express city buses, Harris Farm and eateries on Pittwater Road or midbeach Easy walk or bicycle to the primary school, Manlys cosmopolitan village hub, beaches and the city ferry terminal Lockup garage with a giant storeroom plus a garden storage shed and offstreet parking Council 3563pa approx. Water 686pa approx."
8.3%
66.7%
$4.27M
1.9%
$45,000
-$78,713
2.7%
2.3%
-14.2%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$3,105,000
Stamp Duty
$153,830
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$310,500
Reg. Mortgage
$164
LMI Premium
$87,741
Renovation Costs
-
Total Cash/Equity Required
$554,430
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$83,200
$118,420
Property Management
+7.7% PA
$6,406
$9,118
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
$71,990
$103,033
Interest Repayments
$184,437
$184,437
Net Cashflow Before Tax
-$112,447
-$81,404
Depreciation
-
-
Tax Offset
-$33,734
-$24,421
Net Cashflow After Tax
-$78,713
-$56,983
Assumptions
Year 1
Year 10
Property Value
6.8%
$3,364,200
$6,081,673
Loan Balance
I.O
$2,794,500
$2,794,500
$569,700
$3,287,173
Below are some similar properties in the area you may be interested in.
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