$790K
$117,371
"To enquire, please email or call 1300 815 051 and enter code 3466 Rarely do such original properties in this perfect location come up for sale. Beautiful, charming and intriguing are some of the adjectives that have been used to describe The Fisherwomans Cottage. The current owner has held the property for over twenty years. For the past couple of years they have been running the property as a successful vintage airbnb, with each room appropriately themed. This property is now being sold fully furnished with everything needed to continue this use. Recently painted and featuring a new roof, this property boasts timber floors throughout and is ready to go for a tranquil, seaside lifestyle. While the home could benefit from some further renovations, its tidy and wellmaintained condition makes it movein ready. There is the possibility of lifting the building subject to council approval to perhaps obtain some bay views and improve garage access although offstreet parking does currently exist.. Truly worth a visit, even if not currently buying if just to enjoy the brief step back into the last century. To enquire, please email or call 1300 815 051 and enter code 3466"
2.7%
50.2%
$680K
4.2%
$135,000
-$13,540
4.1%
3.1%
-11.5%
6.0%
Asking Price
$790,000
Estimated Purchase Price
$690,000
Stamp Duty
$24,075
Transfer Fee
$2,373
Conveyancing
$1,665
Deposit (10%)
$69,000
Reg. Mortgage
$224
LMI Premium
$19,484
Renovation Costs
-
Total Cash/Equity Required
$117,371
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
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
$21,644
$31,369
Interest Repayments
$40,986
$40,986
Net Cashflow Before Tax
-$19,342
-$9,617
Depreciation
-
-
Tax Offset
-$5,803
-$2,885
Net Cashflow After Tax
-$13,540
-$6,732
Assumptions
Year 1
Year 10
Property Value
6.8%
$881,100
$1,592,819
Loan Balance
I.O
$621,000
$621,000
$260,100
$971,819
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewLocation, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
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
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