Withheld
$234,645
Confidence
High
High
$1,475,000
Medium
$1,350,000
Low
$1,225,000
Confidence
Medium
"Century 21 The Rana Group presents this hidden Gem at 246 Cornelia Rd, Toongabbie. Step into a world of potential with this charming 4bedroom home nestled in the heart of Toongabbie. This property not only offers a comfortable living space and an inviting pergola but also presents an exciting opportunity for both investors and homebuyers alike, sitting on a generous 594squaremetre block. Key Features Spacious Bedrooms Enjoy four wellsized bedrooms, each equipped with mirrored builtin wardrobes that provide both functionality and style. The bedrooms are designed for comfort, featuring ceiling fans, while one Bedroom goes the extra mile with both a fan and air conditioning. Versatile Study A dedicated room that can serve as an office, playroom, or even a fifth bedroom, tailored to meet your specific needs and lifestyle. Renovated Kitchen The heart of the home boasts a wellequipped renovated kitchen featuring a dishwasher, oven, electric cooktop, and range hood, alongside ample storage. Its perfect for culinary enthusiasts and those who love to entertain. Inviting Lounge Area A generous lounge and dining space with air conditioning create a welcoming environment for family gatherings and relaxation. Renovated Bathroom Enjoy the luxury of a renovated fully tiled bathroom that includes a shower and bath and toilet. Laundry with Extra Amenities The laundry area features an additional toilet and ample storage space, enhancing the homes overall functionality and ease of living. Outdoor Living The large pergola beckons for alfresco dining and entertaining, while the backyard is adorned with tropical banana trees, creating a serene oasis perfect for family gatherings or quiet evenings. EcoFriendly Features Benefit from solar panels that contribute to energy efficiency and help reduce utility costs, making this home comfortable and environmentally friendly. Location Approx 250m. from Vancouver Reserve. Approx 850m from Metella Road Public School. Approx 4 mins drive to The Hills Sports High School. Approx 5 mins drive to both Seven Hills and Toongabbie train stations. For more information and to arrange a viewing, please contact Jeet at 0410 567 777 and Parshant at 0405 939 634 today DISCLAIMER The information provided herein, including but not limited to the general property description, images, floor plans, features, price, and address, has been supplied by third parties. Century 21 The Rana Group has obtained this information from sources believed to be reliable. However, we cannot guarantee its accuracy and completeness. We do not accept responsibility for the accuracy of this information. Any interested parties should rely on their own inquiries and judgment."
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73%
-
-
$1,345,000
+
676.0%
536.1%
618.6%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$5,000
Estimated Purchase Price
$5,000
Stamp Duty
$63
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$500
Reg. Mortgage
$164
LMI Premium
$77
Renovation Costs
-
Total Cash/Equity Required
$2,999
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$33,800
$48,108
Property Management
+7.7% PA
$2,603
$3,704
Rates
+3.0% PA
$1,016
$1,326
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
$26,804
$38,672
Interest Repayments
$297
$297
Net Cashflow Before Tax
$26,507
$38,375
Depreciation
-
-
Tax Offset
$7,952
$11,512
Net Cashflow After Tax
$18,555
$26,862
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,441,800
$2,606,431
Loan Balance
I.O
$4,500
$4,500
$1,437,300
$2,601,931
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2021 Population
Suburbs
Retail Trade - 12.0%
Manufacturing - 10.0%
Transport, Postal and Warehousing - 10.0%
Health Care and Social Assistance - 10.0%
Others - 58.0%
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