$919K
$166,191
"Proudly situated at the end of a quiet culdesac on a large 717m2 allotment boasting city skyline and hinterland views, this coastal style 4 bed family home offers dual living opportunities and is perfect for large or growing families. Hamptons inspired and exuding charming features throughout, a light filled open plan lifestyle combines seamlessly with neutral dcor and quality bamboo floors, complimented by LED lighting and AC comfort. A modern kitchen comprises 2 Pac cabinetry, quality SS appliances and quartz island bench boasting waterfall sides, whilst the Queensland style timber veranda further adds to the quality on offer. The upper level offers 3 spacious bedrooms all featuring BIRs and new ceiling fans which are well served by a fully tiled on Trend main bathroom suite comprising vanity, bath with shower over. The lower level provides endless opportunities including dual living teenage retreat or those looking to run a home business A separate entry leads to open plan living spaces featuring 600m x 600m polished floor tiles served by a wellappointed kitchen. A fully tiled bathroom plus a 4th bedroom with options to create a 5th plus plenty of storage complete the ground floor lay out. Offering a large private 717m2 parcel of land the rear garden boasts new timber fencing encasing mature tropical and native flora and provides plenty of room for a pool. With 2 car carport plus side access providing room for the caravan boat make this an absolute must to inspect, be sure to allow enough time to appreciate exactly what is on offer here. Enviable features include Hamptons inspired 2 storey Dual Living Oasis boasting city skyline and hinterland views Modern kitchen comprising 2 Pac cabinetry, SS appliances and quartz island bench Light airy open plan lifestyle feature neutral dcor polished bamboo timber floors 3 spacious bedrooms on upper level featuring BIRs and new ceiling fans Fully tiled on Trend main bathroom suite comprising vanity, bath with shower over. Endless opportunities including dual living teenage retreat or home business Lower level featuring open plan living spaces and a wellappointed kitchen 600m x 600m polished floor tiles plus a 2nd fully tiled bathroom suite Additional 4th bedroom with options to create a 5th plus 5 door mirrored storage 2 car carport plus side access providing room for the caravan boat Large 717m2 allotment featuring new timber fencing and plenty of room for a pool Split system AC unit, LED lighting and new ceiling fans New roof and new hot water system Perched on the edge of the beautiful Gold Coast Hinterland this desirable and elevated location is surrounded by local parks and is within a short drive to quality Schools and shopping centres. M1 North South are all close by, whilst its just 15 minutes to Broadbeach and 25 minutes to the Gold Coast Airport This quality combination of home and lifestyle make this an absolute must to inspect. Secure your families future in one smart move and call Stephen today. Disclaimer 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."
2.1%
84.3%
$868K
5.1%
$910,000
+
884.0%
716.5%
765.7%
6.0%
Asking Price
$7,000
Estimated Purchase Price
$5,000
Stamp Duty
-
Transfer Fee
$224
Conveyancing
$1,665
Deposit (10%)
$500
Reg. Mortgage
$224
LMI Premium
$85
Renovation Costs
-
Total Cash/Equity Required
$3,248
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
$297
$297
Net Cashflow Before Tax
$35,531
$51,286
Depreciation
-
-
Tax Offset
$10,659
$15,386
Net Cashflow After Tax
$24,871
$35,900
Assumptions
Year 1
Year 10
Property Value
6.8%
$977,220
$1,766,581
Loan Balance
I.O
$4,500
$4,500
$972,720
$1,762,081
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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 Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price