Withheld
$155,039
Confidence
Medium
High
$2,450,000
Medium
$2,350,000
Low
$2,250,000
Confidence
Medium
"Prime location Rear lane access with 6 x secure parking spaces Multiple income streams Rare mixeduse site in the heart of Annandale. This outstanding offering comprises three oversized onebedroom apartments and two ground floor retail tenancies, to be soldinoneline. The property benefits from rear lane access and a secure garage for 6 cars. Key Investment Highlights Include 371.6m 2 land area 509m 2 lettable area 3 x oversized onebedroom apartments 2 x Ground Floor Retail tenancies 330,000 passing gross income Prime location amongst a heavily trafficked retail strip 5.2km to Sydney CBD In Conjunction with Colliers Sydney agents Jack McGregor 0499 777 299 and James Cowan 0425 337 691. All figures, outlines, and maps are approximate"
-
68.6%
-
-
$35,000
-$59,106
2.7%
2.3%
-14.4%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$2,315,000
Stamp Duty
$110,380
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$231,500
Reg. Mortgage
$164
LMI Premium
$65,417
Renovation Costs
-
Total Cash/Equity Required
$409,657
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
$1,144
$1,493
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
$53,074
$76,077
Interest Repayments
$137,511
$137,511
Net Cashflow Before Tax
-$84,437
-$61,434
Depreciation
-
-
Tax Offset
-$25,331
-$18,430
Net Cashflow After Tax
-$59,106
-$43,004
Assumptions
Year 1
Year 10
Property Value
6.8%
$2,509,800
$4,537,121
Loan Balance
I.O
$2,083,500
$2,083,500
$426,300
$2,453,621
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2021 Population
Suburbs
Health Care and Social Assistance - 13.0%
Retail Trade - 11.0%
Accommodation and Food Services - 9.0%
Education and Training - 9.0%
Others - 58.0%
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