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$420K
$59,781
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High
-
Medium
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Low
-
Confidence
This unique property sits in a charming small country town, reminiscent of Bellingen before its boom, yet boasts sea breezes and ocean views. It's a versatile commercial building, zoned for professional use or a quirky business, with potential as a residence. Situated on the main street, it features rear lane access and promises up to a 7% potential return. It's conveniently close to Macksville and the pristine beaches of Nambucca, with the thriving city of Coffs Harbour accessible further afield.
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73.8%
$463K
4.6%
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Try Picki for FREE$30,000
-$6,545
5.1%
Asking Price
$420,000
Estimated Purchase Price
$390,000
Stamp Duty
$12,285
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$39,000
Reg. Mortgage
$164
LMI Premium
$7,786
Renovation Costs
-
Total Cash/Equity Required
$61,431
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$19,760
$28,125
Property Management
+7.7% PA
$1,522
$2,166
Rates
+3.0% PA
$1,046
$1,365
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
$13,815
$20,188
Interest Repayments
$23,166
$23,166
Net Cashflow Before Tax
-$9,351
-$2,978
Depreciation
-
-
Tax Offset
-$2,805
-$893
Net Cashflow After Tax
-$6,545
-$2,085
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Year 1
Year 10
Property Value
6.8%
$448,560
$810,890
Loan Balance
I.O
$351,000
$351,000
$97,560
$459,890
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2021 Population
Suburbs
Health Care and Social Assistance - 17.0%
Construction - 13.0%
Retail Trade - 11.0%
Accommodation and Food Services - 10.0%
Others - 49.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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projected
for 2025 to 2027
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEMonthly % Change in Median House Prices (Prev. Quarter)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
