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$1.85M
$324,442
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Nestled in the picturesque Nambucca Valley, this expansive 18.97-hectare riverfront farm offers stunning views and diverse opportunities. Operating as a lemon myrtle farm, it's perfect for agriculture with excellent soil and space for additional crops. The property supports cattle farming and presents an opportunity for agri-tourism. It features three self-contained residences, including a 4-bedroom main house with a large verandah, a 3-bedroom workers' cottage, and a 2-bedroom unit, each in private locations. Within proximity to local amenities and towns, this unique property invites expressions of interest between $1.795M and $1.85M.
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84.8%
$355K
7.3%
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+
26.0%
Asking Price
-
Estimated Purchase Price
$300,000
Stamp Duty
$8,745
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$30,000
Reg. Mortgage
$164
LMI Premium
$4,629
Renovation Costs
-
Total Cash/Equity Required
$45,734
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
$1,046
$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
$67,571
$96,699
Interest Repayments
$17,820
$17,820
Net Cashflow Before Tax
$49,751
$78,879
Depreciation
-
-
Tax Offset
$14,925
$23,664
Net Cashflow After Tax
$34,826
$55,215
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$331,080
$598,514
Loan Balance
I.O
$270,000
$270,000
$61,080
$328,514
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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
