Withheld
$182,359
Confidence
High
High
$1,220,000
Medium
$1,100,000
Low
$980,000
Confidence
Moderate
"Step into the epitome of coastal serenity and lifestyle excellence with this stunning residence, proudly situated at 82 Pacific Drive in the highly soughtafter suburb of Fingal Bay. A mere 670 meters stroll from the crystal waters of Fingal Bay Beach, this impeccable home presents a tantalising opportunity for both investors and families alike. Nestled on a generous 817 square metre plot, this property is a haven of space and comfort. The house itself boasts four wellappointed bedrooms, each featuring convenient builtin robes, complementing the two modern bathrooms that service the home with ease. The heart of this home is undoubtedly the timber kitchen, Further extending the living space is a large balcony, basking in great northeast facing views of the mountains, where one can indulge in the serene vistas and gentle sea breezes. Designed to accommodate the modern family, the home provides a plethora of storage solutions, including multiple storage rooms and a discrete underhouse storage space. For the automobile enthusiast or those in need of additional space, the oversized double lockup garage is a dream, coupled with ample offstreet parking for guests or additional family vehicles. With the property in immaculate condition, the new homeowners will benefit from the convenience of cafes, shops, and restaurants only approximately 600 meters walk enhancing the joy of beachside living. Whether seeking a profitable investment or a family abode, 82 Pacific Drive is a distinguished offering in the Fingal Bay property market. Dont miss your chance to own a piece of this coastal paradise. Please contact Jay Grogan on 0402 315 567 arrange your own private appointment. Please note, some furniture displayed in these images are virtual furniture displayed for marketing purposes only. 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 a 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. httpswww.prd.com.auportstephensprivacytermsconditions"
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76.1%
$1.39M
2.3%
$15,000
-$28,048
2.9%
2.3%
-15.4%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$1,085,000
Stamp Duty
$43,560
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$108,500
Reg. Mortgage
$164
LMI Premium
$27,939
Renovation Costs
-
Total Cash/Equity Required
$182,359
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
$1,040
$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
$24,381
$35,225
Interest Repayments
$64,449
$64,449
Net Cashflow Before Tax
-$40,068
-$29,224
Depreciation
-
-
Tax Offset
-$12,021
-$8,767
Net Cashflow After Tax
-$28,048
-$20,457
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,174,800
$2,123,759
Loan Balance
I.O
$976,500
$976,500
$198,300
$1,147,259
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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 Days of Supply
Sold Price
Asking Price