$800K
$133,695
Confidence
Medium
High
$880,000
Medium
$850,000
Low
$820,000
Confidence
Medium
"This spacious property is set in a prime location near Sydney CBD, surrounded by bus stops, light rails, and a few strolls away from Central Station. High potential for commercial use and is ideal for selfoccupancy and investment. It is surrounded by numerous popular destinations, including the University of Sydney, the University of Technology Sydney, Chinatown, Darling Harbour, Fish Market, The Stay Casino, The QVB and more. Only minutes walk to the Broadway Shopping Centre, with supermarkets, Harris Farm, Hoyts Cinema and a large variety of retail shops around. Property Features Floor Area 103 sqm 13 sqm Garage Over 5meterhigh ceiling Open area kitchen fitted with quality gas appliances Modern bathroom with stylish design Private Secured Garage Security surveillance system building Community Facilities including Gym, Swimming Pool, Spa, Sauna Outgoings Approx. Strata Fee 1,400 Per Quarter Council Fee 280 Per Quarter Water Fee 170 Per Quarter If you are interested in viewing more properties, please visit our website da8.com.au If you need more information, please do not hesitate to contact Diana Wong 0432 372 876 or Cherry Qiu 0405 379 952."
-
27.2%
-
-
-
-$16,364
4.0%
3.2%
-11.5%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$850,000
Estimated Purchase Price
$850,000
Stamp Duty
$32,985
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$85,000
Reg. Mortgage
$164
LMI Premium
$21,888
Renovation Costs
-
Total Cash/Equity Required
$142,233
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$33,800
$48,108
Property Management
+7.7% PA
$2,603
$3,704
Rates
+3.0% PA
$708
$924
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
$27,112
$39,074
Interest Repayments
$50,490
$50,490
Net Cashflow Before Tax
-$23,378
-$11,416
Depreciation
-
-
Tax Offset
-$7,013
-$3,425
Net Cashflow After Tax
-$16,364
-$7,991
Assumptions
Year 1
Year 10
Property Value
6.8%
$907,800
$1,641,086
Loan Balance
I.O
$765,000
$765,000
$142,800
$876,086
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2021 Population
Suburbs
Professional, Scientific and Technical Services - 19.0%
Financial and Insurance Services - 18.0%
Public Administration and Safety - 7.0%
Accommodation and Food Services - 7.0%
Others - 49.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price