Withheld
$68,029
Confidence
High
High
$1,410,000
Medium
$1,280,000
Low
$1,150,000
Confidence
High
"If you have been looking for a property with the unparalleled ability to leave the car at home and walk to all amenities, then 117 Government Road, Nelson Bay is a mustsee. Just a short stroll to the beautiful Dutchmans Beach, the dogfriendly Bagnalls Beach, and Nelson Bay town centre, you will be hardpressed to find a more central location in Port Stephens. Catch the sea breeze after a swim or coffee, or simply enjoy the water views from your balcony or living room. Whether it is a permanent occupancy, fantastic holiday investment, or a weekender for the family, this home will tick all the boxes. Light and bright interiors perfectly compliment the splitlevel living and dining area nestled between an expansive kitchen with ample storage space. With soaring ceilings and skylights, bask in the natural light that floods this home. Three spacious bedrooms are on offer, including all with builtin wardrobes. The master suite features an ensuite his and hers builtin wardrobes. For added convenience, you will enjoy split system air conditioning and fixed ceiling fans throughout the home to keep you cool over the warmer months. The lowmaintenance courtyard is the perfect addition to this home. Ideal for your furry friends or children to play, it is fully fenced and generous in size. Situated within close proximity to a range of local cafes and restaurants, local schools, transport, local beaches as well as the Nelson Bay Town Centre, the possibilities are endless with this property. This is your opportunity to start living the Nelson Bay lifestyle. Contact Rebecca Dean 0421 169 922 or Tracy Blosdale 0439 108 009 for any further information. All information contained herein is gathered from sources we deem reliable. However, First National Port Stephens cannot guarantee its accuracy and act as a messenger only in passing on the details. Interested parties should rely on their own enquiries. Some of our properties are marketed from time to time without a price guide at the vendors request. This website may have filtered the property into a price bracket for website functionality purposes. First National Port Stephens does not warrant, represent or guarantee the accuracy, adequacy, or completeness of the information. First National Port Stephens accepts no liability for any loss or damage whether caused by negligence or not resulting from reliance on this information, and interested parties should make their own investigations before purchasing. Any personal information given to us during the course of the campaign will be kept on our database for follow up and to market other services and opportunities unless instructed in writing. View our privacy policy here httpsfnportstephens.com.auprivacypolicy."
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85.4%
-
-
$20,000
-$30,285
3.1%
2.5%
-14.0%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$1,260,000
Stamp Duty
$52,355
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$126,000
Reg. Mortgage
$164
LMI Premium
$35,605
Renovation Costs
-
Total Cash/Equity Required
$216,320
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$39,000
$55,509
Property Management
+7.7% PA
$3,003
$4,274
Rates
+3.0% PA
$1,040
$1,357
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
$31,580
$45,472
Interest Repayments
$74,844
$74,844
Net Cashflow Before Tax
-$43,264
-$29,372
Depreciation
-
-
Tax Offset
-$12,979
-$8,812
Net Cashflow After Tax
-$30,285
-$20,561
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,367,040
$2,471,283
Loan Balance
I.O
$1,134,000
$1,134,000
$233,040
$1,337,283
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2021 Population
Suburbs
Public Administration and Safety - 15.0%
Manufacturing - 12.0%
Retail Trade - 10.0%
Accommodation and Food Services - 9.0%
Others - 54.0%
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