Withheld
$80,098
Confidence
High
High
$520,000
Medium
$460,000
Low
$400,000
Confidence
Medium
"Discover Island Elegance Your Dream Home Awaits Nestled in the picturesque surroundings of the old flower farm, this expansive 4bedroom home in a beautiful part of the island promises a lifestyle of luxury and tranquility. With stunning sunsets and captivating views across the bay to the twinkling lights of the mainland, this residence stands as a rare gem, offering a perfect blend of natural beauty and modern living. Property Features Spacious Bedrooms Four large bedrooms, three with walkin robes, ensure ample space for comfort and storage. Two Luxurious Bathrooms Indulge in the grandeur of the ensuite attached to the main bedroom and the large main bathroom featuring a fullsize bath. An additional downstairs Powder Room A convenient powder room downstairs adds an extra layer of functionality. Versatile Living Spaces Three living areas, one upstairs and two downstairs, cater to various lifestyles, providing flexibility for relaxation and entertainment. Entertainers Kitchen The modern kitchen, designed for entertaining, boasts highend features and a walkin pantry for culinary enthusiasts. Outdoor Bliss Two large covered decks create the perfect setting for entertaining or simply unwinding in the island breeze. Climate Control Stay comfortable yearround with two split system air conditioners strategically placed for optimal cooling. Secure Retreat The fully fenced yard ensures a secure haven for both family and pets. Why Choose Us Local Expertise Trust in our indepth knowledge of the island, offering you a comprehensive understanding of your potential new home. Personalized Service Experience a warm welcome with jetty pickups, a complimentary island map, and an immersive island tour tailored to your needs. Contact Us Today Simon 0448 884 625 Office Dani 07 3409 2288 Website www.islandlife.net.au Email salesislandlife.net.au Unlock the Potential This property transcends the concept of a mere house its a canvas awaiting your personal touch. Complete the masterpiece and watch your investment flourish. Your dream home is just a call away Reach out for a private inspection or a FaceTime walkthrough to experience the allure of this unparalleled island residence. Seize the Opportunity Embrace Island Living Disclaimer While we have made every effort to ensure accuracy, prospective purchasers are encouraged to conduct their own enquiries to verify the details contained in this document."
-
76.8%
$430K
4.5%
-$285,000
-$21,213
2.8%
1.9%
-16.7%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$695,000
Estimated Purchase Price
$745,000
Stamp Duty
$26,550
Transfer Fee
$2,626
Conveyancing
$1,665
Deposit (10%)
$74,500
Reg. Mortgage
$224
LMI Premium
$21,037
Renovation Costs
-
Total Cash/Equity Required
$127,152
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$20,800
$29,605
Property Management
+7.7% PA
$1,602
$2,280
Rates
+3.0% PA
$1,598
$2,085
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
$13,949
$20,477
Interest Repayments
$44,253
$44,253
Net Cashflow Before Tax
-$30,304
-$23,776
Depreciation
-
-
Tax Offset
-$9,091
-$7,133
Net Cashflow After Tax
-$21,213
-$16,644
Assumptions
Year 1
Year 10
Property Value
6.8%
$491,280
$888,117
Loan Balance
I.O
$670,500
$670,500
-$179,220
$217,617
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2021 Population
Suburbs
Health Care and Social Assistance - 15.0%
Retail Trade - 14.0%
Construction - 10.0%
Education and Training - 10.0%
Others - 51.0%
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