$750K
$141,379
"Stylish Spencer retreat with beautiful resort like gardens. Situated in a quiet culdesac and just minutes from Spencer Village, this modern home has so much to offer. The beautifully maintained 3 bedroom, single level home has been been renovated and curated for permanent living. The kitchen has been designed for the entertainer and flows on to the spacious open plan loungedining. The large bathroom has been tastefully upgraded and features a deep bath tub. The property has a resort like feel, the gardens are adorned with spectacular established trees and shrubs. There is an enormous, covered outdoor entertaining alfresco that is surrounded by the manicured gardens. Leading off the alfresco you meander through the gardens and discover a private relaxation area complete with a sunken outdoor bath and fire pit. The home offers year round comfort and is kept cosy warm during the cooler months with a large slow combustion wood burning heater and cool during summer with quality reverse cycle air conditioning throughout. Set back from the street, the home is quiet and private. This is the perfect escape from the city or a relaxing weekend getaway. Located only minutes to Spencer Village, The Anchor Cafe and Spencer Thai. Spencer offers good access to the Hawkesbury River with a public boat ramp and newly constructed public wharf. Comfortable Renovated Home 3 Good Sized Bedrooms Open Plan LoungeDining Spacious Entertainers Kitchen Enormous Covered Alfresco Resort Like Gardens with Outdoor Bath Private Quite Culdesac Location Slow Combustion Wood Heater Reverse Cycle Air Conditioning Minutes to Spencer Village Easy Access to the Hawkesbury River 45 minutes to the Central Coast and 90 Minutes to Sydney via the M1 Located only minutes to Spencer Village, 45 minutes to the Central Coast and a little over 90 minutes to Sydneys CBD. Call Trent Iverson on 0409 738 388 to arrange a private inspection. Disclaimer All information about this property has been provided from sources we believe to be reliable. Vella Iverson Real Estate has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to this property. All photographs, maps, boundary markings, measurements and images are representative only for marketing purposes. Property Code 285"
-
51.3%
$602K
4.1%
-$75,000
-$15,589
4.1%
3.2%
-11.3%
6.0%
Asking Price
$750,000
Estimated Purchase Price
$825,000
Stamp Duty
$31,860
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$82,500
Reg. Mortgage
$164
LMI Premium
$21,244
Renovation Costs
-
Total Cash/Equity Required
$137,964
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
$1,086
$1,417
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
$26,734
$38,580
Interest Repayments
$49,005
$49,005
Net Cashflow Before Tax
-$22,271
-$10,425
Depreciation
-
-
Tax Offset
-$6,681
-$3,127
Net Cashflow After Tax
-$15,589
-$7,297
Assumptions
Year 1
Year 10
Property Value
6.8%
$801,000
$1,448,017
Loan Balance
I.O
$742,500
$742,500
$58,500
$705,517
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2016 Population
Suburbs
Health Care and Social Assistance - 18.0%
Retail Trade - 13.0%
Accommodation and Food Services - 9.0%
Construction - 8.0%
Others - 52.0%
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