$850K
$132,841
Confidence
Medium
High
$1,120,000
Medium
$1,040,000
Low
$960,000
Confidence
Not Found
"Phone enquiries please quote property ID 34692. Step into a unique opportunity to embrace the best of country living combined with the convenience of two established income streams. Situated in the heart of the picturesque village of Wongarbon, just a short drive from Dubbo, this beautifully restored heritage property offers a blend of historical charm and modern comforts. With an ABN, GST registration, and a shortterm rental registration number, this property is a turnkey investment with potential for further growth. 1,200,000 Property 850,000 Post office 300,000 Airbnb 50,000 Residence Features 1. The main residence, once the village billiard room, has been thoughtfully renovated, featuring a stunning pressed metal ceiling, cypress pine floors, and plantation shutters throughout. 2. The openplan living and dining area is bathed in natural light, with French doors opening to a private outdoor space. 3. A highspec kitchen equipped with modern appliances, perfect for home cooks and entertainers alike. 4. The periodinspired bathroom boasts limestone flooring with underfloor heating, offering a luxurious retreat. 5. The master bedroom includes a builtin wardrobe, ceiling fan, and plantation shutters, ensuring comfort and style. 6. The property also includes a versatile art gallery space and the villages Australia Post office, both equipped with reverse cycle air conditioning for yearround comfort. Airbnb Cottage 1. The selfcontained cottage, with an eightyear history and multiple 5star reviews, offers an additional income stream. It can also be integrated with the main residence via interconnecting doors, creating a spacious fourbedroom home. 2. The cottage features a blend of heritage details, including pressed metal ceilings and cypress pine flooring, alongside modern amenities. 3. The petfriendly courtyard garden is low maintenance, providing a peaceful retreat for guests. 4. The property is offered fully furnished, making it ready for immediate operation. Post Office Business 1. The village post office is a wellestablished operation with 62 post office boxes 58 currently leased and counter delivery mail service. 2. With 25 new house sites planned in the next two years, the business has strong potential for growth. 3. As a post office licensee, youll enjoy the benefit of no rent, providing a secure and stable income. This property represents an exceptional opportunity for those seeking a tree change with the added benefit of multiple income streams. The blend of historical charm, modern amenities, and a welcoming community makes this a rare find in the market. Book an Inspection Highly recommended by appointment to fully appreciate all that this unique property has to offer. DISCLAIMER While proudly assisting home owners to sell since 1999, No Agent Property takes every care to verify the accuracy of the details in this advertisement, but the correctness cannot be guaranteed."
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86.9%
$680K
2.8%
-$1,125,000
-$49,851
-
-
-26.0%
-
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$1,200,000
Estimated Purchase Price
$1,125,000
Stamp Duty
$45,360
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$112,500
Reg. Mortgage
$164
LMI Premium
$31,790
Renovation Costs
-
Total Cash/Equity Required
$192,010
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,014
$1,323
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
-$4,391
-$5,729
Interest Repayments
$66,825
$66,825
Net Cashflow Before Tax
-$71,216
-$72,554
Depreciation
-
-
Tax Offset
-$21,365
-$21,766
Net Cashflow After Tax
-$49,851
-$50,788
Assumptions
Year 1
Year 10
Property Value
6.8%
-
-
Loan Balance
I.O
$1,012,500
$1,012,500
-$1,012,500
-$1,012,500
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2021 Population
Suburbs
Others - 100.0%
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