$1.3M
$231,998
"Nestled in an elevated position on a tranquil street in the heart of Burleigh Waters, this immaculate home offers a harmonious blend of space, functionality, and potential, making it the ideal choice for a growing family. The property is situated on a generous 681m allotment, providing ample room for both relaxation and entertainment. The home features a welldesigned open plan layout that maximizes the NorthEast aspect, ensuring abundant natural light and a welcoming atmosphere throughout. The spacious design creates a seamless flow between the indoor and outdoor areas, enhancing the overall living experience. The open plan living area opens up to a large, fully fenced rear yard, perfect for children to play and for hosting gatherings. The undercover outdoor patio area extends your living space, providing a comfortable setting for alfresco dining and entertaining yearround. With four wellsized bedrooms, this home accommodates a growing family with ease. The master bedroom is a private retreat, complete with an ensuite bathroom for added convenience. The additional bedrooms are versatile and can be tailored to suit your familys needs, whether as guest rooms, home offices, or childrens rooms. The property also includes two bathrooms, ensuring ample facilities for busy mornings and family routines. The separate laundry adds to the homes functionality, making household chores more manageable. The large backyard is a standout feature, offering a secure and spacious environment for outdoor activities. Whether you envision a garden oasis, a playground, or additional entertainment areas, this yard provides the flexibility to bring your ideas to life. The location of this home is incredibly convenient, with local shops, schools, and surrounding beaches all within easy reach. The proximity to public transport further enhances accessibility, making commuting and travel a breeze. Features 681m Block 4 Bedrooms 2 Bathrooms 2 Car Carport Open Plan Design Outdoor Undercover Patio Area Separate Laundry Large Backyard Very Tightly Held Street Close to Shopping Centres Close to Public Transport Close to Schools Close to the Beach This home offers a fantastic opportunity to secure a familyfriendly property in a soughtafter location. To fully appreciate the potential and charm of this home, contact us today to arrange an inspection. Dont miss out on making this exceptional property your new family haven. You are advised that while every effort has been made to ensure the accuracy of information herein is true, accurate and obtained from reliable sources and is for general information only. Realty Blue Pty Ltd, and its director, offices, employees, agents, vendors, and related entities are not responsible for and disclaims all liability and responsibility, including for negligence, for errors, for omissions or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein and must instead satisfy themselves by inspection or otherwise."
Below are some similar properties in the area you may be interested in.
-
81.2%
$1.3M
4.8%
$280,000
-$25,407
3.8%
3.1%
-10.9%
6.0%
Asking Price
$1,295,000
Estimated Purchase Price
$1,295,000
Stamp Duty
$54,988
Transfer Fee
$4,943
Conveyancing
$1,665
Deposit (10%)
$129,500
Reg. Mortgage
$224
LMI Premium
$40,128
Renovation Costs
-
Total Cash/Equity Required
$231,998
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$49,400
$70,312
Property Management
+7.7% PA
$3,804
$5,414
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
$40,627
$58,414
Interest Repayments
$76,923
$76,923
Net Cashflow Before Tax
-$36,296
-$18,509
Depreciation
-
-
Tax Offset
-$10,889
-$5,553
Net Cashflow After Tax
-$25,407
-$12,956
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,682,100
$3,040,837
Loan Balance
I.O
$1,165,500
$1,165,500
$516,600
$1,875,337
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