Withheld
$214,487
"Step back in time with this original late 70s built home, hitting the market for the first time ever Located on a generous 558sqm block, this 4bedroom property is a renovators dream, offering endless potential to create your ideal family home or investment opportunity. Property Features 4 Spacious Bedrooms Including a master bedroom with a walkin wardrobe and ensuite Original Kitchen Bathroom Perfect for those looking to modernize and add their personal touch Dining Room, Living Room Family Room High ceilings throughout with ample space for family gatherings entertaining Study Ideal for a home office or extra storage Internal Laundry Great size Neat and Tidy Backyard Perfect for outdoor activities or future landscaping projects Single Garage Providing secure parking with additional storage options Split System Air Conditioning Keeping the home comfortable yearround First Time on the Market A rare opportunity to purchase a classic home in its original condition This property is perfect for those with a vision to restore and renovate, bringing a classic home into the modern era. Situated in a prime location, close to schools, Stockland Wetherill Park, Rossetti Shops Greenway Plaza, public transport Fairfield Hospital. 1065 The Horsley Drive offers both convenience and potential. Dont miss out on this unique opportunity Call the team at Lex Brook. Disclaimer Lex Brook Real Estate believe that all information contained herein be true correct to the best of our ability and in no way misleading, however all interested parties are advised to carry out their own enquiries and relevant searches independently."
Below are some similar properties in the area you may be interested in.
2%
66.1%
$1.25M
4.6%
$1,260,000
+
312.0%
246.3%
462.4%
6.0%
Asking Price
$7,000
Estimated Purchase Price
$10,000
Stamp Duty
$125
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$1,000
Reg. Mortgage
$164
LMI Premium
$154
Renovation Costs
-
Total Cash/Equity Required
$3,639
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
$788
$1,028
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
$24,633
$35,554
Interest Repayments
$594
$594
Net Cashflow Before Tax
$24,039
$34,960
Depreciation
-
-
Tax Offset
$7,212
$10,488
Net Cashflow After Tax
$16,827
$24,472
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,356,360
$2,451,976
Loan Balance
I.O
$9,000
$9,000
$1,347,360
$2,442,976
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.
2021 Population
Suburbs
Manufacturing - 14.0%
Retail Trade - 11.0%
Health Care and Social Assistance - 10.0%
Construction - 9.0%
Others - 56.0%
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