$1.4M
$241,060
"Location, Location, Location. 649 Boxers Creek Road Boxers Creek. Less than 10 minutes to Goulburn CBD 15 minutes to Marulan, 25 usable acres and two homes, amongst established gardens with rural views. Create your enviable country abode. Comfortable living, all year round, with charming wood fire heating and reverse cycle air conditioning. Functional living areas include, large galley style country kitchen, filled with natural light country style 5 burner oven. Open plan dining living with large windows, overlooks the verandas. Good size sunroom at the rear which could also be used as a large office or extra bedroom. The second cottage offers 3 bedrooms, 2 living areas 2 bathrooms. Perfect for the extended family with older children, parents or grandparents. Alternatively, extra income, currently leased at 450 per week fenced from the main house with its own fenced yard. Outside, the property offers established gardens, vegetable gardens, with room for the pets livestock. Immerse yourself in this enviable country life experience the serenity of country living. This magnificent property is an opportunity to live the quiet country life, while still being close to the amenities of Goulburn Marulan town village. Easy 2 minute access onto the Hume Highway between Goulburn Marulan. Main Homestead Sunny, galley kitchen open plan dining living rooms Cosy wood fire heating Reverse cycle air conditioning 2 Bedrooms, one with built in robe plus study sunroom Walk through bathroom with access to one bedroom Bathroom with bath, shower separate toilet room Laundry with built in bench storage linen 24 solar panels 6.6kw back to grid mains power Cottage 2nd Dwelling 3 Bedrooms, 2 with access to bathrooms 2 full size bathrooms with separate shower toilets Separate electricity gas meters 2 separate living areas one with wood fire heating Kitchen with gas cooking Ceiling fans gas bayonet connections Outside Double garage plus single carport, concrete floor power Large, fenced yard for the kids pets, includes wood shed Established gardens grounds offer shade fruit trees Irrigated veggie gardens, 25,000 litres water storage Set up into 3 paddocks with 1 dam natural spring Mobile phone reception at the property"
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Asking Price
$1,397,000
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
$62,400
$88,815
Property Management
+7.7% PA
$4,805
$6,839
Rates
+3.0% PA
$972
$1,268
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
$53,246
$76,301
Interest Repayments
$82,863
$82,863
Net Cashflow Before Tax
-$29,617
-$6,562
Depreciation
-
-
Tax Offset
-$8,885
-$1,968
Net Cashflow After Tax
-$20,732
-$4,593
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,489,860
$2,693,312
Loan Balance
I.O
$1,255,500
$1,255,500
$234,360
$1,437,812
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewLocation, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
2016 Population
Suburbs
Health Care and Social Assistance - 17.0%
Retail Trade - 11.0%
Public Administration and Safety - 11.0%
Accommodation and Food Services - 8.0%
Others - 53.0%
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