$1.78M
$278,627
Confidence
High
High
$1,850,000
Medium
$1,725,000
Low
$1,600,000
Confidence
Medium
"Overlooking Manyana Beach on the NSW South Coast, this fabulous recentlyrenovated 4 bedroom beach house offers a rare opportunity to embrace coastal living at its finest. With an unobstructed view of Manyana Beach and Green Island, every sunrise and sunset becomes a mesmerising spectacle from the comfort of your own home. Step inside to discover a lightfilled interior where modern elegance meets coastal charm. The spacious living area, with a cathedral ceiling is bathed in natural light, creating an inviting atmosphere perfect for relaxation or entertaining guests. The large picturewindow facing the beach provides the best view in Manyana, with an enthralling view of the beach and beyond. Imagine sipping your morning coffee on the front balcony, feeling the gentle sea breeze and falling asleep in the evening listening to the soothing sound of waves crashing against the shore. The westfacing front balcony provides an uninterrupted 180 degree view of stunning sunsets. The additional comfort of reverse cycle air conditioning and fullyinsulated roof makes it a pleasure to be there in all seasons. This property boasts 4 bedrooms 3 with builtin wardrobes, 2 bathrooms, and plenty of wellappointed living space, including a downstairs rumpus room and two separate outdoor entertaining areas. The new kitchen features brand new appliances, sleek stone benchtops, and plenty of storage space, making it a chefs dream come true. Whether you are hosting a dinner party or enjoying a quiet evening with loved ones, this home provides the ideal backdrop for cherished moments. Outside, the tiled front balcony with glass balustrading beckons you to unwind and soak in the coastal ambience and stunning view. Take a leisurely stroll along the uncrowded sandy beach just steps away from your front door, or indulge in water activities such as swimming, surfing, fishing or paddleboarding on nearby Lake Conjola. Located in one of the most soughtafter parts of Manyana, this beach house offers not just a home, but a lifestyle. Dont miss out on this rare opportunity to own one of the best views in Manyana. Contact Ray White today to schedule a private tour and discover why this beachfront retreat is the epitome of coastal living. Location Manyana is on the NSW south coast, just under 3 hours drive from both Sydney and Canberra, located between Jervis Bay and UlladullaMollymook. The turnoff from the Princes Highway is signposted for Bendalong Bendalong Rd, and Manyana is approximately 11 minutes drive from the turnoff 13km. Local Attractions Manyana is in an area renowned for its surfing, fishing and swimming locations, and its plentiful natural beauty. Close to Lake Conjola, Berringer Lake and Sussex Inlet, and the historic towns of Milton, Berry and Ulladulla. Features o Lounge room upstairs with reverse cycle air conditioning o Downstairs rumpus room with additional undercover entertaining area o 4 bedrooms upstairs three bedrooms all with new ceiling fans and downstairs a fourth bedroom or office o 2 bathrooms, one with a separate toilet downstairs is laundrybathroom o Fullyfenced rear yard and established lowmaintenance gardens. o Large double garage with a motorised door new motor o Boat storage area at rear as garage drive through big enough for a tinny. o Rear garden shed o New Colourbond Ultra steel roof, suitable for the coastal marine environment. o All windows and external glass doors in the house have been replaced with new anodised aluminium ones, with solarefficient smart glass. o The front balcony has been completely rebuilt with a new supporting steel beam and new glass balustrading. o New shade blinds on the westfacing front balcony. o New hybrid vinyl plank flooring throughout all communal areas upstairs and downstairs. o Electricity board renewed and wiring updated. o Wiring for the TV antenna has been replaced. o Brand new front door. o New tiling on front porch to match new balcony. o Internal walls rendered to cover exposed brickwork. o Outdoor shower o NBN connected fibre to the curb To arrange a private inspection please contact Sharon Deadman 02 4456 1500"
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78.2%
$1.38M
2%
$85,000
-$44,519
2.5%
2.1%
-15.6%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$1,775,000
Estimated Purchase Price
$1,640,000
Stamp Duty
$73,255
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$164,000
Reg. Mortgage
$164
LMI Premium
$46,343
Renovation Costs
-
Total Cash/Equity Required
$285,958
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$41,600
$59,210
Property Management
+7.7% PA
$3,203
$4,559
Rates
+3.0% PA
$1,202
$1,568
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
$33,818
$48,676
Interest Repayments
$97,416
$97,416
Net Cashflow Before Tax
-$63,598
-$48,740
Depreciation
-
-
Tax Offset
-$19,079
-$14,622
Net Cashflow After Tax
-$44,519
-$34,118
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,842,300
$3,330,440
Loan Balance
I.O
$1,476,000
$1,476,000
$366,300
$1,854,440
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2021 Population
Suburbs
Health Care and Social Assistance - 16.0%
Retail Trade - 13.0%
Accommodation and Food Services - 10.0%
Public Administration and Safety - 10.0%
Others - 51.0%
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