$5M
$1,023,260
Confidence
High
High
$1,420,000
Medium
$1,365,000
Low
$1,300,000
Confidence
Medium
"This stunning, nearly 93square custombuilt property is poised to become the forever home for a fortunate family. Meticulously crafted using the finest materials, this architectural marvel blurs the lines between art and design. With soaring 9meter ceilings and the use of natural elements like bluestone, polished concrete, and timber, along with extensive floortoceiling glass, the home offers a seamless indooroutdoor living experience. Here are some highlights of this extraordinary property Distinctive Faade Featuring bluestone, timber panelling, rendering, and exposed concrete for a striking appearance. Spacious Accommodations 4 oversized bedrooms and a study with custom cabinetry and an individually airconditioned server room. Luxury Bathrooms 3 unique bathrooms and an additional powder room. The master suite boasts stunning views of Harrington Forest, a luxurious ensuite, and a fully fitted walkin robe. Gourmet Kitchen A chefs dream with commercialgrade SMEG appliances, including multiple ovens, a coffee machine, and dishwashers. The kitchen also features an oversized island with 60mm Calcutta stone benchtops and a walkin butlers pantry. Living Spaces The combined lounge and dining area, with custom cabinetry and a feature gas fireplace, overlooks an indoor pool through floortoceiling windows, opening to an alfresco area via bifold doors. Entertainment and Fitness Includes a rumpusgames room, gym with privacy glass, and a soundproofed theatre room with a full audiovisual system. Outdoor and Pool Area A heated indooroutdoor pool and spa, with a Dantherm ventilation system, and an extensive alfresco area equipped with a kitchen and motorised blinds. Smart Home Features Control 4 automation, motorised window coverings, and remotecontrolled air conditioning systems enhance comfort and convenience. Premium Finishes Custom copper front door, polished concrete flooring with underfloor heating, premium carpets, and a fully landscaped 1,275m block with automated irrigation. Prime Location Just 300 meters from the Michelia Clubhouse and close to schools, shopping centers, and major facilities, while nestled in a quiet side street. Harrington Grove offers country clubs, pools, tennis courts, and more, making it a highly desirable community. First National Real Estate Collective believes that all the information contained herein is true and correct to the best of our ability however we encourage all interested parties to carry out their own enquiries"
-
92.8%
$1.84M
2%
-$4,010,000
-$201,549
0.7%
0.6%
-20.2%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$4,999,950
Estimated Purchase Price
$5,375,000
Stamp Duty
$306,730
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$537,500
Reg. Mortgage
$164
LMI Premium
$151,886
Renovation Costs
-
Total Cash/Equity Required
$998,476
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$39,000
$55,509
Property Management
+7.7% PA
$3,003
$4,274
Rates
+3.0% PA
$1,272
$1,660
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
$31,348
$45,169
Interest Repayments
$319,275
$319,275
Net Cashflow Before Tax
-$287,927
-$274,106
Depreciation
-
-
Tax Offset
-$86,378
-$82,232
Net Cashflow After Tax
-$201,549
-$191,874
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,457,820
$2,635,392
Loan Balance
I.O
$4,837,500
$4,837,500
-$3,379,680
-$2,202,108
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2021 Population
Suburbs
Construction - 16.0%
Retail Trade - 13.0%
Health Care and Social Assistance - 10.0%
Education and Training - 9.0%
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