$2.65M
$531,523
Confidence
High
High
$2,800,000
Medium
$2,500,000
Low
$2,200,000
Confidence
Medium
"A perfect downsizer or first family home. We invite you to come and see a wonderful example of an early 1914 beach cottage, one of the few left in its original state. This freestanding weatherboard house is near Keirle Park, Manly Lagoon, and Queenscliff Beach. It offers easycare, singlelevel living with bright, fresh interiors. It features timberpaneled walls and ceilings, original floorboards, and character fireplaces. The home includes offstreet parking for two cars with levelramp access, a living room, gas kitchen with dishwasher, and a sunroom, dining or study area. It has three spacious bedrooms, a renovated main bathroom, and an internal laundry, with the third bedroom and second bathroom having a separate garden entrance. Please note some images have been virtually furnished The Property 3 Bedroom 2 Bathroom 2 Car Spaces Floor Space 148 sqm Land Size 327 sqm Council Rates 645.40qtr Water 173.29qtr Front parking for two cars and levelramp access from street into the house Three spacious bedrooms, renovated main bathroom and an internal laundry Living room, gas kitchen with space for a dishwasher, sunroom dining or study area Leanto at the front side of the house for storing bikes, kayaks and surf gear Features Timber panelled walls and ceilings, original floorboards, character fireplaces Third bedroom and second bathroom with separate entrance from the garden Level backyard featuring sunny north aspect includes a lockup garden shed Location Buses at the door offer easy access to Manlys heart, Local restaurants and shops 100m Harris Farm Markets across the road Manly beach 500m Manly Ferry Terminal 1.6km Stella Maris High School 500m Manly Village Public School 1.6km Manly Boy Charlton Swimming Pool 560m Westfield Warringah Mall Shopping Centre 3.2km"
9.8%
44.9%
-
-
-$190,000
-$64,817
2.9%
2.5%
-13.6%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$2,500,000
Estimated Purchase Price
$2,690,000
Stamp Duty
$131,005
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$269,000
Reg. Mortgage
$164
LMI Premium
$76,014
Renovation Costs
-
Total Cash/Equity Required
$478,378
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$78,000
$111,018
Property Management
+7.7% PA
$6,006
$8,548
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
$67,190
$96,202
Interest Repayments
$159,786
$159,786
Net Cashflow Before Tax
-$92,596
-$63,584
Depreciation
-
-
Tax Offset
-$27,779
-$19,075
Net Cashflow After Tax
-$64,817
-$44,509
Assumptions
Year 1
Year 10
Property Value
6.8%
$2,670,000
$4,826,725
Loan Balance
I.O
$2,421,000
$2,421,000
$249,000
$2,405,725
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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