Withheld
$2,692,590
Confidence
High
High
$16,500,000
Medium
$14,500,000
Low
$12,500,000
Confidence
Medium
"Why youll love it Step into a timeless masterpiece nestled in the prestigious Kurraba Point, where heritage charm meets contemporary sophistication. Originally built circa 1889 and meticulously renovated in 2021 by renowned architect Luigi Rosselli, this residence offers a seamless blend of oldworld craftsmanship and modern comforts. Key features Renovated with attention to detail by Luigi Rosselli, complemented by interior design from Romaine Alwill and landscaping by Dangar Barin Smith. Kitchen overlooks the living spaces and outdoor area, boasting a Wolf Upright StoveDouble Oven, Subzero fridge, and a Calacatta Max Marble Island Bench. All bathrooms feature custom marble counters. Entertain with ease in the formal dining room, ideal for elegant gatherings, and a casual dining area perfect for everyday meals. Step outside to an expansive outdoor area featuring a renovated pool with a heat pump, Wolf Gas BBQ, and a Kalamazoo Grill. Enjoy the retractable rear awning and custom stainlesssteel builtins, creating a seamless transition between indoor and outdoor living spaces. Three fireplaces throughout the residence, including a moulded gas fireplace and original working gas fireplaces. High end lighting by Giopato Coombs, Apparatus, Stephane Parmentier and Gabriel Scott. Ducted gas heating and electric air conditioning, with fully zoned motion alarms and a front intercom camera system."
-
59.2%
$6.95M
2.2%
$580,000
-$467,451
1.3%
1.1%
-17.4%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$13,920,000
Stamp Duty
$904,880
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$1,392,000
Reg. Mortgage
$164
LMI Premium
$393,349
Renovation Costs
-
Total Cash/Equity Required
$2,692,589
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$176,800
$251,642
Property Management
+7.7% PA
$13,614
$19,376
Rates
+3.0% PA
$748
$976
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
$159,061
$226,883
Interest Repayments
$826,848
$826,848
Net Cashflow Before Tax
-$667,787
-$599,965
Depreciation
-
-
Tax Offset
-$200,336
-$179,990
Net Cashflow After Tax
-$467,451
-$419,976
Assumptions
Year 1
Year 10
Property Value
6.8%
$15,486,000
$27,995,004
Loan Balance
I.O
$12,528,000
$12,528,000
$2,958,000
$15,467,004
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Location, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
2021 Population
Suburbs
Professional, Scientific and Technical Services - 28.0%
Financial and Insurance Services - 11.0%
Information Media and Telecommunications - 7.0%
Health Care and Social Assistance - 6.0%
Others - 48.0%
Average Income
Average Population
projected
for 2024 to 2026
Average Days of Supply