Withheld
$69,678
Confidence
Medium
High
$1,150,000
Medium
$1,050,000
Low
$950,000
Confidence
Low
"An opportunity to secure an exclusive northfacing residence, 165 Government Road is just a short stroll from the glistening waters of Bagnalls Beach and Dutchmans Beach. With a convenient and central position, this property offers an ideal coastal lifestyle where everything is at your fingertips. Immaculately presented with abundant living options and ducted airconditioning throughout, this property is ready for new owners to take advantage of this stunning home. Spanning two versatile levels, this home ticks all the boxes. The clever use of windows and French glass doors on the upper level enhances the spacious openplan design. The charming entertainers kitchen is perfect for any occasion. Extend your gatherings to the sundrenched balcony with a retractable shade, where you can enjoy a morning coffee or an afternoon drink with a water view surrounded by bushland. With three generously sized bedrooms, including a master with an ensuite, there is room for the whole family. The spacious family bathroom includes a shower and bath, and there is an additional powder room upstairs. Downstairs, youll find another living space that adds to the houses versatility. This area effortlessly flows out to the undercover entertaining area and lush garden, ideal for hosting family and friends. Youll love what this space offers. Located virtually on the doorstep of Bagnall Beach and close to all the amenities of Nelson Bay and Salamander Bay, you wont need to travel far from home. Be sure to contact Rebecca Dean at 0421 169 922 or Regan Blanch at 0481 996 678 to secure your interest today. 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."
-
78.4%
$1.32M
3%
$65,000
-$25,570
2.9%
2.2%
-15.5%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$985,000
Stamp Duty
$39,060
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$98,500
Reg. Mortgage
$164
LMI Premium
$25,364
Renovation Costs
-
Total Cash/Equity Required
$165,284
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
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
$21,981
$31,809
Interest Repayments
$58,509
$58,509
Net Cashflow Before Tax
-$36,528
-$26,700
Depreciation
-
-
Tax Offset
-$10,958
-$8,010
Net Cashflow After Tax
-$25,570
-$18,690
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,121,400
$2,027,224
Loan Balance
I.O
$886,500
$886,500
$234,900
$1,140,724
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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