$1.85M
$324,442
Confidence
High
High
$1,700,000
Medium
$1,600,000
Low
$1,500,000
Confidence
High
"Experience the epitome of luxury and comfort in this beautifully crafted apartment. This threebedroom residence embodies modern elegance with its floortoceiling windows that offer breathtaking views of the city, filling the space with natural light. A spacious balcony extends the living space outdoors, perfect for openair dining and social gatherings against the vibrant city skyline backdrop. Corner positioned, North facing for optimal sunlight with city skyline views Only one common wall on living area providing maximum privacy Bedrooms are strategically positioned in a separate wing from living areas Immaculately presented with modern fixtures and sleek finishes throughout Modern kitchen with stylish benchtops and stainless steel appliances Serene master bedroom featuring walkin closet and a luxurious ensuite Second full bathroom with contemporary styling and premium fittings Ducted airconditioned throughout for maximum lifestyle comfort Prime location in Ultimo, close to cafes, parks, and essential amenities Two secure parking spaces and 4sqm storage cage for ultimate convenience A short walk to Sydneys CBD, top universities and Darling Harbour Outgoings Strata apartment 2,132 pq approx. Strata parking 440 pq approx. Water 178 pq approx. Council 232 pq approx."
-
31.2%
-
-
-$250,000
-$49,545
2.5%
2.1%
-15.3%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$1,850,000
Estimated Purchase Price
$1,850,000
Stamp Duty
$84,805
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$185,000
Reg. Mortgage
$164
LMI Premium
$52,277
Renovation Costs
-
Total Cash/Equity Required
$324,442
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$46,800
$66,611
Property Management
+7.7% PA
$3,604
$5,129
Rates
+3.0% PA
$708
$924
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
$39,111
$56,152
Interest Repayments
$109,890
$109,890
Net Cashflow Before Tax
-$70,779
-$53,738
Depreciation
-
-
Tax Offset
-$21,234
-$16,121
Net Cashflow After Tax
-$49,545
-$37,617
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,708,800
$3,089,104
Loan Balance
I.O
$1,665,000
$1,665,000
$43,800
$1,424,104
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2021 Population
Suburbs
Professional, Scientific and Technical Services - 19.0%
Financial and Insurance Services - 18.0%
Public Administration and Safety - 7.0%
Accommodation and Food Services - 7.0%
Others - 49.0%
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