$695K
$130,280
"Experience waterfront living at its finest with this stunning 4 bedroom home at 2 John Street, Smithtown. This property is perfectly positioned at the end of a quiet culdesac in one of the most soughtafter locations in Smithtown. Elevated above the serene waters of the Macleay River, this home offers an unrivalled lifestyle of luxury, tranquillity, and natural beauty. Boasting a sprawling 790 square meter block, this property invites you to immerse yourself in the picturesque surroundings. Step inside to discover two expansive living areas, each thoughtfully designed for comfort and functionality, ideal for relaxing evenings with loved ones. The heart of the home, the kitchen has recently been updated featuring sleek cabinetry, gleaming countertops, and fantastic appliances, ensuring every meal is a culinary delight. As you prepare your favourite dishes, be captivated by the stunning views of the river that serve as a breath taking backdrop to your everyday life. Retreat to the tranquillity of the four spacious bedrooms, each offering a peaceful haven to rest and rejuvenate. With large windows framing the mesmerizing river views, these bedrooms provide a serene escape from the hustle and bustle of daily life. The allure of this property extends beyond the interiors, with direct access to the Macleay River offering endless opportunities for outdoor recreation. Spend leisurely afternoons casting a line or launch the kayak for a day of fishing adventures. Additionally, the expansive backyard provides the perfect setting for al fresco dining, family gatherings, or simply soaking up the sun while basking in the beauty of nature. The potential to build a spacious back deck overlooking the river presents an exciting opportunity to further enhance your outdoor living experience. Further enhancing the appeal of this exceptional home is the inclusion of a large workshopstorage area underneath, a double garage, and a double carport, providing plenty of space for all your cars and toys. With features such as ceiling fans, polished hardwood flooring, and abundant natural light throughout, every detail of this home has been carefully curated to ensure a lifestyle of comfort and convenience. This property is just a short walk from Smithtown General Store, Smithtown Primary School, Smithtown local sports fields and the Riverview Hotel Smithtown, furthermore Gladstone is just across the river offering stunning cafes and restaurants. Immaculately updated and meticulously maintained, this property presents a rare opportunity to own a slice of paradise in one of Smithtowns most soughtafter locations. Dont miss your chance to make this waterfront dream home your own. Enquire now for more information Disclaimer The information contained in the advertising of this property is based on information provided to the agents, and the vendor and agents expressly disclaim any liability arising therefrom. The accuracy of the information cannot be guaranteed, and prospective purchasers should make their own enquiries and form their own judgement as to these matters."
Below are some similar properties in the area you may be interested in.
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77.4%
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-$435,000
-$23,625
2.5%
1.8%
-17.3%
6.0%
Asking Price
$725,000
Estimated Purchase Price
$815,000
Stamp Duty
$31,410
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$81,500
Reg. Mortgage
$164
LMI Premium
$20,987
Renovation Costs
-
Total Cash/Equity Required
$136,256
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$20,800
$29,605
Property Management
+7.7% PA
$1,602
$2,280
Rates
+3.0% PA
$1,160
$1,514
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
$14,661
$21,406
Interest Repayments
$48,411
$48,411
Net Cashflow Before Tax
-$33,750
-$27,005
Depreciation
-
-
Tax Offset
-$10,125
-$8,102
Net Cashflow After Tax
-$23,625
-$18,904
Assumptions
Year 1
Year 10
Property Value
6.8%
$405,840
$733,662
Loan Balance
I.O
$733,500
$733,500
-$327,660
$162
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2021 Population
Suburbs
Health Care and Social Assistance - 17.0%
Retail Trade - 12.0%
Education and Training - 10.0%
Accommodation and Food Services - 9.0%
Others - 52.0%
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