$1.5M
$274,046
Confidence
High
High
$2,300,000
Medium
$2,150,000
Low
$2,000,000
Confidence
Medium
"Offering an outstanding location moments from the surf, this brandnew duplex delivers relaxed coastal living elevated by sophisticated, spacious design, where everything feels fresh, modern and utterly inviting. Spanning two wonderfully generous levels, the immaculate interior showcases two separate living spaces, made up of an upstairs rumpus and a beautifully lit openplan downstairs. An entertainers dream, this space is neatly overlooked by a gorgeous kitchen with gas stove and butlers pantry, while extending seamlessly to a lovely courtyard at the side and another alfresco space to the rear. Private and peaceful, this space is framed by a grassy yard youll find wonderfully easy to maintain, which could also provide potential for those with green thumbs to put them to work Welcoming you with plush carpet underfoot, the upper level shows off three robed bedrooms and a pristine main bathroom, alongside a fabulous master with walkin and ensuite. Ducted AC keeps things as comfortable as they are inviting, alongside further features that include a groundfloor powder room, internal laundry and double garage. Peaceful end of culdesac position within walking distance of local shops, cafes and primary school Desirable location moments from coastal parkland, the SLSC and Redheads spectacular beach Contemporary faade and attractive landscaping create instant kerb appeal Polished neutrals, luxe finishes and modern appointments enhance superbly spacious splitlevel layout offering plenty of space for all the family Tiled openplan extends seamlessly to indooroutdoor central courtyard and covered alfresco at rear Gourmet kitchen boasts stone benches, quality appliances, fiveburner gas stove, butlers pantry and island breakfast bar Laundry with yard access and separate powder room on ground floor provide added convenience Carpeted upper level features versatile rumpus and four generous bedrooms Huge master at rear with walkin robe and elegant ensuite Three robed bedrooms group together separately at front, serviced by luxe family bathroom with freestanding tub, walkin shower, dual vanity and separate WC Additional features inc. ducted AC, rainwater tank and a double garage"
-
72%
-
-
$2,120,000
+
260.0%
224.1%
735.1%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$30,000
Estimated Purchase Price
$30,000
Stamp Duty
$410
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$3,000
Reg. Mortgage
$164
LMI Premium
$463
Renovation Costs
-
Total Cash/Equity Required
$6,233
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
$1,381
$1,802
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
$67,236
$96,262
Interest Repayments
$1,782
$1,782
Net Cashflow Before Tax
$65,454
$94,480
Depreciation
-
-
Tax Offset
$19,636
$28,344
Net Cashflow After Tax
$45,818
$66,136
Assumptions
Year 1
Year 10
Property Value
6.8%
$2,296,200
$4,150,983
Loan Balance
I.O
$27,000
$27,000
$2,269,200
$4,123,983
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2021 Population
Suburbs
Health Care and Social Assistance - 18.0%
Retail Trade - 14.0%
Construction - 9.0%
Education and Training - 9.0%
Others - 50.0%
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