$1.4M
$241,060
Confidence
High
High
$1,580,000
Medium
$1,485,000
Low
$1,390,000
Confidence
Medium
"Offering the opportunity to secure your very own country estate, with an enviable acreage lifestyle, may we present 923 Paterson Road, Woodville, a beautiful characterfilled home, awaiting new owners to make it their own. Set on a picturesque two acres of land that boasts lovely established gardens, sweeping valley views, and your very own dam, this property delivers the perfect setting for your new countryside retreat. Located in the township of Woodville, ideally located within 1 km to Iona Public School and only 2km to The Woodville Store, Post Office and the adorable, Coffee Cubby, this location will have you feeling a million miles away from it all, whilst still enjoying easy access to the conveniences of city living when required. Further afield, youll find Maitlands heritage CBD and riverside Levee precinct a short 15 minute drive, Newcastles city lights and beaches a 45 minute commute, and a short 35 minute travel to the Hunter Valley Vineyards, connecting you to the very best of our region in no time at all. Built in the early 1900s the charming weatherboard and iron roof homestead is framed by a classic wrap around verandah providing a lovely first impression. Adding to the character is the homes history, being constructed of materials from the original Leeholme estate located nearby. Stepping inside, youre sure to be impressed by the stylish, classic features including soaring ornate ceilings and cornices, stunning stained glass windows, and traditional picture rails found throughout the home. There are three large carpeted bedrooms located toward the entrance to the home, the main enjoying the convenience of a large builtin robe and ceiling fan, the second bedroom featuring both a split system ac and ceiling fan, with the third bedroom enjoying a versatile sitting area attached, ideal for a home office, nursery or additional living space if preferred. These rooms are serviced by the main bathroom located along the hall which features a large shower with a dual rain shower head with a handheld feature, with a stunning custommade vanity, adding to the stylish charm. Designed for spacious living, you will find a range of options for all the family to relax and unwind, including a formal lounge room midway along the hall, offering both an open fireplace and a split system ac, with direct access to the yard a lovely feature. At the rear of the home is the generously sized lounge room, boasting views out to the sparkling inground pool in the yard, with both split system ac and a freestanding fireplace, ensuring youll relax in comfort all year round. Set at the heart of the home is the impressive kitchen with a stunning pot belly stove recessed into the original fireplace alcove, lovely timber cabinetry in keeping with the farmhouse style, plenty of storage, a Beko upright ovencooktop and a stainless steel dishwasher, sure to please the resident chef. There is ample counter space available, along with a handy breakfast bar, offering the perfect setting for casual family meals, the dedicated dining room adjacent, with direct access to the yard, is on hand for more formal occasions. Stepping outside, this property really does come into its own with an outdoor entertaining area that dreams are made of Featuring a sparkling salt water in ground pool, a dedicated bar area, a huge covered area for your outdoor cooking, dining and lounging needs, along with a ceiling fan, perfect for those warm summer nights. Adding to this entertainers paradise, youll find a pergola located nearby, shaded by vines and with a massive pizza oven, providing even more options for your outdoor dining pleasure. With two acres to call your own, youll be delighted to find established gardens and shade trees scattered throughout the property providing a number of relaxing spaces to unwind, Toward the back of the estate, youll find a pictureperfect fire pit area overlooking the dam, which features its own jetty Storage of your cars and farmyard tools has not been forgotten with a massive 10 x 9m machinery shed in place. A country estate offering a charming homestead, on two picturesque acres in this ideal location is sure to draw a large volume of interest from a wide range of buyers. We encourage those wanting to secure their own piece of Hunter paradise to contact the team at Clarke Co Estate Agents without delay to secure their viewing. Why youll love where you live Charming home set on 2 glorious acres with the entertaining area of your dreams Within 10 minutes of the township of Paterson, offering easy access to all your everyday needs. Located within a 15 minute drive to Maitland and Raymond Terrace offering a vast range of retail, dining and entertainment options. 35 minutes to Newcastle Airport 45 minutes to Newcastle CBD and beaches Less than 1 hour to the pristine shores of Port Stephens Health Safety Measures are in Place for Open Homes All Private Inspections Disclaimer All information contained herein is gathered from sources we deem reliable. However, we cannot guarantee its accuracy and act as a messenger only in passing on the details. Interested parties should rely on their own enquiries. Some of our properties are marketed from time to time without price guide at the vendors request. This website may have filtered the property into a price bracket for website functionality purposes. Any personal information given to us during the course of the campaign will be kept on our database for follow up and to market other services and opportunities unless instructed in writing."
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90.1%
-
-
$90,000
+
31.7%
28.9%
93.1%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$1,395,000
Estimated Purchase Price
$1,395,000
Stamp Duty
$59,780
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$139,500
Reg. Mortgage
$164
LMI Premium
$39,420
Renovation Costs
-
Total Cash/Equity Required
$241,060
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$442,000
$629,104
Property Management
+7.7% PA
$34,034
$48,441
Rates
+3.0% PA
$1,040
$1,357
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
$403,549
$574,900
Interest Repayments
$82,863
$82,863
Net Cashflow Before Tax
$320,686
$492,037
Depreciation
-
-
Tax Offset
$96,206
$147,611
Net Cashflow After Tax
$224,480
$344,426
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,585,980
$2,867,075
Loan Balance
I.O
$1,255,500
$1,255,500
$330,480
$1,611,575
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2021 Population
Suburbs
Public Administration and Safety - 15.0%
Manufacturing - 12.0%
Retail Trade - 10.0%
Accommodation and Food Services - 9.0%
Others - 54.0%
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