Withheld
$230,064
Confidence
High
High
$1,496,000
Medium
$1,420,000
Low
$1,348,000
Confidence
Moderate
"Set on an expansive 3,036 sqm block with a desirable northerly aspect and serene bushland backdrop, this property offers luxurious living and exceptional versatility. The striking architectural design features a threebedroom home complemented by a separate twobedroom selfcontained accommodation. Inside the main residence, youll find elegantly designed interiors that flow seamlessly out to beautifully landscaped grounds. The main home boasts openplan living spaces including a media room, home office, and a spacious lounge area. The chefs kitchen is a highlight, equipped with quality appliances, a butlers pantry, and an elegant stone island bench. The generous bedroom, located on the lower level, includes an ensuite, a walkin robe, and a private outdoor area. Upstairs, two additional bedrooms each feature their own ensuite bathrooms and walkin robes. The covered alfresco area offers peaceful bushland views over level lawns, while the outdoor amenities include an inground swimming pool, a fire pit, and uninterrupted treelined views. With the addition of a separate twobedroom selfcontained accommodation that would be ideal for guests, extended family, or even as a source of extra income. This space also has an open plan living and dining area that flows seamlessly out to a covered alfresco area, a wellappointed kitchen and two large bedrooms. Conveniently located near iconic surf beaches, local schools, Ballinas CBD, the stunning township of Lennox Head and the iconic Byron Bay, this home is in one of the regions most soughtafter locations. This home combines luxury, location, comfort and practicality in this stunning natural setting and is truly a mustsee. Expansive 3,036 sqm block featuring a northerly aspect and serene bushland backdrop Qualitybuilt Anstey designer home with luxuriously designed interiors and quality fixtures Striking architectural design threebedroom home with a separate twobedroom selfcontained studio Versatile openplan living spaces including a media room, home office, and lounge area Chefs kitchen with quality appliances, butlers pantry and elegant stone island bench Generous bedroom on the lower level, complete with an ensuite, walkin robe, and outdoor area Two additional bedrooms upstairs, each with ensuite bathrooms and walkin robes Enjoy the peaceful bushland views from the covered alfresco area that looks over level lawns Outdoor amenities include an inground swimming pool, fire pit, and uninterrupted treelined views Selfcontained twobedroom studio perfect for guests or extended family or extra income Features airconditioning gated side access to the rear yard 6.6KW solar power Side access to the rear of the block with room for a large shed Conveniently located near beaches, schools, and just minutes from Ballina CBD shopping"
-
83.3%
$1.39M
3.1%
$85,000
-$21,663
4.3%
3.6%
-9.4%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$1,335,000
Stamp Duty
$56,480
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$133,500
Reg. Mortgage
$164
LMI Premium
$37,724
Renovation Costs
-
Total Cash/Equity Required
$230,064
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$57,200
$81,413
Property Management
+7.7% PA
$4,404
$6,269
Rates
+3.0% PA
$1,067
$1,392
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
$48,352
$69,346
Interest Repayments
$79,299
$79,299
Net Cashflow Before Tax
-$30,947
-$9,953
Depreciation
-
-
Tax Offset
-$9,284
-$2,986
Net Cashflow After Tax
-$21,663
-$6,967
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,516,560
$2,741,580
Loan Balance
I.O
$1,201,500
$1,201,500
$315,060
$1,540,080
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2021 Population
Suburbs
Health Care and Social Assistance - 17.0%
Retail Trade - 13.0%
Education and Training - 10.0%
Accommodation and Food Services - 9.0%
Others - 51.0%
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