$1.35M
$256,065
"Set on a wonderfully secluded 8160m2 allotment, this fabulous lowset brick residence is perfect for those that demand space, serenity and style. With an abundance of sublime renovations and cosmetic improvements, theres little to do but relax, move in and enjoy the lifestyle that this property will provide. If youre not familiar with Bunya, youll be suitably impressed by the peace and tranquillitybut also how close you are to so many amenities. Youll head down Old Northern Road, turn into Collins Road that flows into Bunya Roadand Allen Road runs directly from here its just so easy But best of all, Number 13 is at the far end of Allen Road and the home here is set a long way back from the street. Youll wander down the driveway and all of a sudden, the driveway widens to the vastly usable area where the property resides. The first thing youll notice is that you could store as many vehicles, boats, caravans, trucks or machinery that you could possibly want whether that be in the open or you could build a myriad of sheds and carports that suit you perfectly. As you head towards the home itself, the powered triple bay shed lies to the immediate right of the abode. Youll open the gate of the white picket fence and meander to the expansive and very deep front verandah thats been engineered and wraps around the front of the home an ideal place to relax with a morning coffee as you do nothing but take in the sweet sounds of the local birdlife. You might not realise it yet, but this home has been built to last a number of lifetimes the windows are Canadian doubleglazed and the entire home is insulated, not to mention the hardwood timber floors and steelframing throughout. As you open the front door and head inside, youll wander past the builtin shoe cupboard upon entry and into the voluminous formal lounge that offers a fanforced combustion heater and a spectacular vaulted ceiling with a gorgeous timber inlaycertainly, this is the sort of lounge that youd acquaint with a home of this style. Adjacent to here, youll find the delightfully semiseparated formal dining area that lies right across from the fully renovated kitchen featuring another lofty vaulted ceiling, solid timber bench tops, smooth 2Pac cabinetry, a gorgeous feature tiled splash back, a Butlers pantry with room for a fridge and a selection of quality appliances that include a 900mm ducted range hood, a Blanco electric cook top, a 900mm Blanco stainless steel oven and a Bosch stainless steel dishwasher what a fabulous area to create any meal of your choosing. From here, youll find the spacious airconditioned open plan living and meals areaagain with a vaulted ceiling but this time, a halfwall of chic hoop pine timber VJ wall panelling that really adds a sense of style. Through the doorway, youll discover the main bathroom that provides 2way access in to bedroom 2 as well as wheelchair access and offers an open shower and 2Pac vanity. By now, youve probably noticed the fresh paint, extrahigh 9 foot ceilings and new carpet that adorns the residence. Right nearby, theres a separate toilet with an external vanity and also a linen cupboard for your convenience. Theres five generously sized bedrooms at this end of the residencefour of which provide builtin robes whilst bedroom number 6 can be utilised as a fantastic home office providing 2way access. Also at this end of the home is the separate laundry and a wonderfully private rear pergola. Head back to the other end of the home and youll discover the huge airconditioned master bedroom with gorgeous bay window, direct access to the deck, a big walkin robe and lovely ensuite that offers corner spa bath, a separate shower, a separate toilet and a perfectly neat vanity a real haven for parents that want their space but dont want to be too far away from the other bedrooms. Out the back, theres another alfresco area that overlooks the spacious grassy backyard and distant treetops. But this is certainly not the end of your tour head down to the pictureperfect bridge built to withstand 8.5 tonne vehicle access and youll love the pleasant creek that runs right through this property in fact, you might be lucky enough to spot the resident platypus. This creek can flow at a rate of 3 million litres per minute when theres substantial rain but because it lies a lot lower than the block, theres no history of flooding whatsoever. Theres also 13 of an acre of overgrown vineyard that were planted way back in 2002. Extra features of this amazing property include a fully replaced Colorbond roof, a very lowmaintenance Envirocycle system and an 18,000 litre water tank. By the way, both airconditioning units are 7 KW and big enough to cool the entire home and because this was a builders home, everything has been meticulously considered even the footings sit 1500mm into the ground rather than the standard depth of 1100mm. The property borders the Bunyaville State Forest and an adjoining nature strip so theres privacy from every angle. Given the sheer size of the home, the size of the block, the superb quality of the build and the gorgeous level of finishes and improvements, this property represents truly outstanding value for money. Offered for sale for the very first time, the owners are relocating and their meticulous attention to detail over many years is to your great benefit Be Quick The Michael Spillane Team is best contacted on 0414 249 947 to answer your questions."
Below are some similar properties in the area you may be interested in.
-
91%
$1.59M
2.9%
$105,000
-$40,450
2.9%
2.4%
-13.7%
6.0%
Asking Price
-
Estimated Purchase Price
$1,620,000
Stamp Duty
$73,675
Transfer Fee
$6,291
Conveyancing
$1,665
Deposit (10%)
$162,000
Reg. Mortgage
$224
LMI Premium
$50,199
Renovation Costs
-
Total Cash/Equity Required
$294,605
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$46,800
$66,611
Property Management
+7.7% PA
$3,604
$5,129
Rates
+3.0% PA
$1,103
$1,439
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
$38,442
$55,279
Interest Repayments
$96,228
$96,228
Net Cashflow Before Tax
-$57,786
-$40,949
Depreciation
-
-
Tax Offset
-$17,336
-$12,285
Net Cashflow After Tax
-$40,450
-$28,664
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,842,300
$3,330,440
Loan Balance
I.O
$1,458,000
$1,458,000
$384,300
$1,872,440
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 - 15.0%
Retail Trade - 14.0%
Education and Training - 11.0%
Construction - 10.0%
Others - 50.0%
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