Withheld
$274,046
"Tucked away on a tranquil culdesac and enveloped by lush greenery, this timeless residence offers the ultimate retreat for families seeking both serenity and space. Held in the same family for 62 years, this home has been lovingly maintained and is ready for its next chapter, inviting new owners to create cherished memories of their own. The thoughtfully designed layout seamlessly flows from the living room to the kitchen and dining areas, all enhanced by picturesque district and park views that fill the space with natural beauty. This open and connected atmosphere is perfect for family gatherings and entertaining. From the dining area, step out onto a sundrenched balcony that overlooks the pool and lush backyard, offering the ideal spot to relax and enjoy the surrounding scenery. At the heart of the home, the functional kitchen makes it effortless to cook and entertain simultaneously, ensuring the family stays connected. Downstairs, a spacious rumpus room provides additional flexibility, easily transformable into a fourth bedroom, teenage retreat, or home office. Whether its used for relaxing or as an entertainment hub, this space offers endless possibilities. The outdoor area also includes a convenient toilet with plumbing ready for an outdoor shower, adding a touch of practicality to the inviting poolside setting. This beloved family home offers a perfect canvas for personalisation. Whether you choose to update the interiors or preserve its timeless charm, the property, complete with ducted air conditioning, presents a wonderful opportunity to blend character with modern comforts. Ideally situated just a short stroll from Olds Park, Mortdale train station, Mortdale Shopping Village, and local schools, this home offers the perfect blend of tranquil living and easy access to all the essentials for a vibrant family lifestyle. Awaken the possibilities and contact Jack Huggett on 0422 690 929."
Below are some similar properties in the area you may be interested in.
-
82.8%
$2.28M
2.3%
$25,000
-$41,735
2.6%
2.1%
-15.2%
6.0%
Asking Price
-
Estimated Purchase Price
$1,575,000
Stamp Duty
$69,680
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$157,500
Reg. Mortgage
$164
LMI Premium
$44,506
Renovation Costs
-
Total Cash/Equity Required
$274,046
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
$1,086
$1,417
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
$33,934
$48,827
Interest Repayments
$93,555
$93,555
Net Cashflow Before Tax
-$59,621
-$44,728
Depreciation
-
-
Tax Offset
-$17,886
-$13,418
Net Cashflow After Tax
-$41,735
-$31,309
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,708,800
$3,089,104
Loan Balance
I.O
$1,417,500
$1,417,500
$291,300
$1,671,604
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewLocation, 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
Health Care and Social Assistance - 24.0%
Education and Training - 9.0%
Retail Trade - 9.0%
Financial and Insurance Services - 7.0%
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