$2.88M
$512,281
Confidence
High
High
$1,210,000
Medium
$1,150,000
Low
$1,080,000
Confidence
High
"This exceptional 1 acre premium corner block property, situated on the high side of the road is in the heart of the South West Sydney growth corridor. Boasting endless potential with the possibility to build a second dwelling on the property and have multifamily living or an investment property Subject to consent and approval from Council. The existing Australian colonial style house and separate large double garage have been thoughtfully custom designed and master built to the highest standards. From the moment you arrive, you will notice the large stained solid core entry door and dual side panels together with the full generous sized wraparound verandah and five bay windows that grace the front of the home. The grounds showcase native trees, well maintained landscaped gardens and lawns. As you step inside, you are greeted by the spacious lounge and game room, warmed by a cosy gas fired ceramic log fireplace in winter and cooled by a split system airconditioning unit in summer ensuring comfort all year round. There is a bar area which comes with full custombuilt floor to ceiling storage facilities. The heart of the home lies in the expansive Jarrah solid timber kitchen with a separate island bench fitted with a stainless steel gas cook top and overhead range hood. The separate double wall oven and dishwasher completes this chef style kitchen. Ample lower and above cupboard storage, double stainless steel sink and generous bench space effortlessly combines style and functionality. The adjoining dining area, equally large, accommodates family and friend gatherings. There are 5 wellproportioned bedrooms, with 4 rooms boasting floortoceiling mirrored sliding builtin wardrobes. Immaculately maintained, the main bathroom features a double vanity, corner bath, spacious shower and toilet. An additional powder room, complete with a second toilet and vanity adds convenience to daily life. Outside you will find a large Ushaped timber deck and fully covered entertainment area with built in corner BBQ facility, perfect for hosting large gatherings and enjoying outdoor living. The double lockup garage is generous in size and offers parking for 2 cars, along with extra workshop and storage space. Key highlights The property offers loads of options for the astute purchaser i.e. be it a small business to build a workshop or shed on the side S.T.C.A with access from Chisholm Road and or Catherine Field Road. Dual double gated driveway entries, both providing access to the fully concreted drive through driveways which offer parking for up to 10 cars. An additional third gated driveway grants access to the cleared side property and corner for separate access to any future building structures that may be added. Clear block with no easements noted on the Title or drainage diagram. Approximately 15 minutes drive to the new Western Sydney International Airport. For more details or to book an inspection time, simply contact Nick Gauci on 0421 639 638 or Rhonda Ekinci on 0402 696 228 today. Please Note Prudential Real Estate Narellan has taken care to accurately describe this property, however, we cannot guarantee the accuracy or completeness of the information and cannot be held liable for any loss or damage that results from any reliance on this information. We always recommend purchasers undertake thorough investigations before committing to the purchase of any property."
-
86.7%
$1.22M
4.4%
-$1,725,000
-$102,638
1.1%
0.8%
-20.0%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$2,875,000
Estimated Purchase Price
$2,875,000
Stamp Duty
$141,180
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$287,500
Reg. Mortgage
$164
LMI Premium
$81,241
Renovation Costs
-
Total Cash/Equity Required
$512,281
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$31,200
$44,407
Property Management
+7.7% PA
$2,402
$3,419
Rates
+3.0% PA
$1,272
$1,660
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
$24,149
$34,922
Interest Repayments
$170,775
$170,775
Net Cashflow Before Tax
-$146,626
-$135,853
Depreciation
-
-
Tax Offset
-$43,988
-$40,756
Net Cashflow After Tax
-$102,638
-$95,097
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,228,200
$2,220,293
Loan Balance
I.O
$2,587,500
$2,587,500
-$1,359,300
-$367,207
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2021 Population
Suburbs
Construction - 16.0%
Retail Trade - 13.0%
Health Care and Social Assistance - 10.0%
Education and Training - 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