$1.65M
$257,553
Confidence
High
High
$1,750,000
Medium
$1,600,000
Low
$1,430,000
Confidence
High
"Discover the ideal blend of tranquility and modern living with this exceptional property in the soughtafter King Creek region. This expansive estate features a beautifully updated home with a generous living area that seamlessly transitions into a stylish dining space and a modern kitchen. Fresh flooring throughout enhances the homes appeal, while sliding doors open to an enclosed outdoor entertaining area that leads directly to the inviting pool. Experience comfort all year round with a new ducted and zoned. heatingcooling system, complemented by a cozy wood heater for those chilly winter evenings. The master suite boasts a modern ensuite, and the three additional bedrooms share a spacious bathroom complete with a spa bath. The property comes equipped with a separate studio with its own bathroom and laundry facilities, making it perfect for guests, a teenager, or an extended family member. The 18m x 11m shed features multiple electrically operated roller doors, ensuring it meets all your storage and workspace needs. Set back from the road along a picturesque, treelined drive, the property offers lowmaintenance gardens and expansive lawns. Spanning 20.8 acres, it includes several paddocks, cattle yards, and a seasonal creek, providing ample space for hobby farming. Additional features include town water connection, a large rainwater tank for gardening and a sizeable carport. North to rear aspect fully fenced yards Equipped with cattle troughs in paddocks Ducted air conditioning 20 minutes to Port Macquarie CBD Currently leased at 900 p.w Property Details Council Rates 2,550 pa approx. Land Size 8.43 HA Currently Rented 900 per week DISCLAIMER The information contained in the advertising of this property is based on information provided to the agents, and the vendor and agents expressly disclaim any liability arising therefrom. The accuracy of the information cannot be guaranteed, and prospective purchasers should make their own enquiries and form their own judgement as to these matters."
-
92.6%
$1.09M
4.3%
$1,590,000
+
572.0%
482.4%
916.6%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$11,000
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
$57,200
$81,413
Property Management
+7.7% PA
$4,404
$6,269
Rates
+3.0% PA
$1,174
$1,532
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
$48,245
$69,207
Interest Repayments
$594
$594
Net Cashflow Before Tax
$47,651
$68,613
Depreciation
-
-
Tax Offset
$14,295
$20,584
Net Cashflow After Tax
$33,355
$48,029
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,708,800
$3,089,104
Loan Balance
I.O
$9,000
$9,000
$1,699,800
$3,080,104
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2021 Population
Suburbs
Health Care and Social Assistance - 18.0%
Retail Trade - 12.0%
Accommodation and Food Services - 10.0%
Education and Training - 10.0%
Others - 50.0%
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