$2.8M
$521,991
"Discover the potential of 27 Kingfisher Crescent, Burleigh Watersa rare gem on a spacious 844m waterfront block in the heart of Burleigh Waters. This original 3bedroom, 2bathroom home offers a unique opportunity to create your dream residence or restore its classic charm. The property features two driveways for added convenience and a secure front courtyard, providing both privacy and ample parking space for up to three vehicles. Upon entering, you are greeted by a generous living and dining area that flows seamlessly into a sunroom, where wide waterfront views create a serene backdrop for daily living. Centrally located, the kitchen overlooks a cozy family room, making it the heart of the homea perfect space for gatherings and everyday activities. Each of the three large bedrooms comes complete with builtin wardrobes, while the master boasts its own ensuite for added comfort. A separate laundry with outdoor access, multiple storage options, an outdoor shed, and a secure garage ensure that all your practical needs are met. Outside, the covered patio invites you to relax and enjoy the tranquil waterside setting, complemented by a tiered garden that adds character to the outdoor space. Whether you envision restoring this home to its former glory or knocking it down to build a modern masterpiece, 27 Kingfisher Crescent offers endless possibilities in an unbeatable location. Dont miss this chance to secure your slice of waterfront living in Burleigh Waters. Just minutes away from the golden sands of Burleigh Beach and the vibrant atmosphere of the iconic James Street, this property provides the perfect blend of peaceful waterfront living and easy access to the best of Burleighs dining, shopping, and entertainment options. Features Spacious 844m waterfront block in the heart of Burleigh Waters Original 3bedroom, 2bathroom home with unique potential Two driveways providing ample parking and convenience Secure front courtyard offering privacy and additional parking space Large living and dining area leading to a sunroom with wide waterfront views Central kitchen overlooking a cozy family room Master bedroom with ensuite, all bedrooms with builtin wardrobes Separate laundry with outdoor access Abundant storage including multiple cupboards, a separate storage area, outdoor shed, and secure garage Covered patio with views of the water and a tiered garden Ideal opportunity to restore or rebuild your dream home in a prime location We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein denotes approximate measurements"
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83.6%
$1.65M
4.3%
$25,000
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2.9%
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-14.0%
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Asking Price
-
Estimated Purchase Price
$1,550,000
Stamp Duty
$69,650
Transfer Fee
$5,996
Conveyancing
$1,665
Deposit (10%)
$155,000
Reg. Mortgage
$224
LMI Premium
$48,030
Renovation Costs
-
Total Cash/Equity Required
$281,116
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$44,200
$62,910
Property Management
+7.7% PA
$3,403
$4,844
Rates
+3.0% PA
$1,318
$1,720
Water
+3.0% PA
$1,401
$1,828
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$35,828
$51,583
Interest Repayments
$92,070
$92,070
Net Cashflow Before Tax
-$56,242
-$40,487
Depreciation
-
-
Tax Offset
-$16,873
-$12,146
Net Cashflow After Tax
-$39,370
-$28,341
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,682,100
$3,040,837
Loan Balance
I.O
$1,395,000
$1,395,000
$287,100
$1,645,837
Did you know you need to engage a conveyancer when buying a property?
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2021 Population
Suburbs
Health Care and Social Assistance - 13.0%
Retail Trade - 12.0%
Accommodation and Food Services - 11.0%
Construction - 9.0%
Others - 55.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price