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Withheld
$338,186
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$2,200,000
Medium
$2,050,000
Low
$1,900,000
Confidence
Medium
Iconic Maroota Motors is on the market after nearly five decades. This unique property spans approximately 5 acres with dual street access, facing Old Northern Road. It currently hosts a mechanical service, petrol station, and convenience store. Zoned RU1 for Primary Production, it offers multiple potential uses or redevelopment possibilities, subject to council approval. Conveniently located near the Hills District and Hawkesbury River, it includes a non-habitable small residence, service station, and mechanical workshop. An Optus Tower provides rental income. The mostly cleared land features a gentle slope.
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66.3%
$2.1M
2%
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Try Picki for FREE$125,000
-$67,014
1.3%
Asking Price
-
Estimated Purchase Price
$1,925,000
Stamp Duty
$88,930
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$192,500
Reg. Mortgage
$164
LMI Premium
$54,396
Renovation Costs
-
Total Cash/Equity Required
$338,186
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$24,960
$35,526
Property Management
+7.7% PA
$1,922
$2,735
Rates
+3.0% PA
$1,050
$1,370
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
$18,611
$27,014
Interest Repayments
$114,345
$114,345
Net Cashflow Before Tax
-$95,734
-$87,331
Depreciation
-
-
Tax Offset
-$28,720
-$26,199
Net Cashflow After Tax
-$67,014
-$61,132
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$2,189,400
$3,957,914
Loan Balance
I.O
$1,732,500
$1,732,500
$456,900
$2,225,414
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2021 Population
Suburbs
Retail Trade - 19.0%
Health Care and Social Assistance - 13.0%
Construction - 11.0%
Professional, Scientific and Technical Services - 10.0%
Others - 47.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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projected
for 2024 to 2026
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Trusted by over 13,000 property buyers and counting...
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Average Rental Yield
Average Vacancy Rate
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
