Withheld
$301,535
Confidence
High
High
$2,400,000
Medium
$2,100,000
Low
$1,800,000
Confidence
High
"Capturing breathtaking views over Boat Harbour, this Mediterranean inspired grand residence ensures an endless summer lifestyle all within a stroll of local surf and family friendly beaches, Welcome to life at 18 Kingsley Drive, Boat Harbour This turn key, fully furnished home, currently serves as an established holiday rental investment where it benefits from huge annual returns making it an incredible investment opportunity that could all be yours. From the moment you arrive you will be immediately impressed by multiple contemporary living zones, the natural palette of bespoke interiors that fill with natural light, multiple outdoor entertaining areas plus a colossal amount of accomodation that would rival anything on the east coast of Australia. Exemplary presentation of both the interior and exterior delve into the sheer quality of the significant renovations, finished with impeccable taste and craftsmanship that will stand the test of time. The contemporary gourmet kitchen opens to a large undercover balcony with panoramic views over Boat Harbour and out to the Pacific Ocean. The palatial master suite is in a complete league of its own and offers features unlike anything else on the market. Boasting its own sitting area along with large walkin robe, dual showered ensuite, separate toilet and captures breathtaking ocean views from every aspect. Framed by manicured grounds and gardens and backing onto National Park, the gateway to an array of walking trails and the popular Tomaree Coastal Walk. A short 350m stroll will land you on the pristine sands of Kingsley Beach, a popular surf beach for the locals or if a family day is preferred a 650m walk to Boat Harbour Beach will allow for the kids to play and swim in a more family friendly protected environment. Property Features Include Eight substantial bedrooms including a seperate hotel style studio apartment plus a study Palatial master suite capturing breathtaking ocean views Five generous sized bathrooms all oozing class and character Gourmet kitchen opening to a large balcony Array of informal and formal living zones all offering stunning ocean views Sheer curtains and L.E.D lighting throughout Wine cellar Multiple covered and uncovered outdoor entertaining zones Heated swimming pool with separate spa Framed by immaculately maintained grounds and gardens Double garage plus a double carport with attached storage room workshop Plus a long list of additional features that only an inspection can truly highlight This is a home of unique distinction that has been reinvented and built to stand the test of time whilst offering a turn key highly popular investment opportunity that could all be yours. The Aspect Selling Team look forward to helping you on your property journey. Disclaimer We have obtained this property information from sources we believe to be reliable however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations."
-
82.6%
-
-
$30,000
-$65,644
1.8%
1.4%
-18.0%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$2,070,000
Stamp Duty
$96,905
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$207,000
Reg. Mortgage
$164
LMI Premium
$58,494
Renovation Costs
-
Total Cash/Equity Required
$364,759
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$36,400
$51,809
Property Management
+7.7% PA
$2,803
$3,989
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
$29,180
$42,056
Interest Repayments
$122,958
$122,958
Net Cashflow Before Tax
-$93,778
-$80,902
Depreciation
-
-
Tax Offset
-$28,133
-$24,271
Net Cashflow After Tax
-$65,644
-$56,631
Assumptions
Year 1
Year 10
Property Value
6.8%
$2,242,800
$4,054,449
Loan Balance
I.O
$1,863,000
$1,863,000
$379,800
$2,191,449
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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