Withheld
$46,411
"2 Ha 5 Acres Property which is Zoned in the Emerging Community Zone. With development happening all around the property, this one might just be worth your investigations. New Approved shopping centre with one of the with major grocery stores being within walking distance. It is all happening with progress in the area. Property Features Include 4 Built in Bedrooms and the Master has ensuite Modern well appointed Kitchen Separate dining and breakfast bar Good size lounge with fireplace Huge games rumpus room Laundry has plenty of room cupboard space Inground Pool Plenty of shed space for the cars Solar Tank water Dam Fully fenced 2Ha A great opportunity exists here for either the owner occupier or the investor. Terrific location as it is only minutes to Train and bus for the commuter, the Morayfield Plaza, Schools, Daycare, and all other conveniences. Access to the M1 is also easy gained. For further information or to organise an Inspection, please Contact GAIL BERNARDIN on 0418 645 506."
Below are some similar properties in the area you may be interested in.
-
51.4%
$873K
3.5%
-$150,000
-$57,132
2.0%
1.6%
-16.4%
6.0%
Asking Price
$1,900,000
Estimated Purchase Price
$1,900,000
Stamp Duty
$89,775
Transfer Fee
$7,471
Conveyancing
$1,665
Deposit (10%)
$190,000
Reg. Mortgage
$224
LMI Premium
$58,876
Renovation Costs
-
Total Cash/Equity Required
$348,561
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
$1,103
$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
$31,243
$45,032
Interest Repayments
$112,860
$112,860
Net Cashflow Before Tax
-$81,617
-$67,828
Depreciation
-
-
Tax Offset
-$24,485
-$20,348
Net Cashflow After Tax
-$57,132
-$47,480
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,869,000
$3,378,707
Loan Balance
I.O
$1,710,000
$1,710,000
$159,000
$1,668,707
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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 Days of Supply
Sold Price
Asking Price