$1.1M
$170,606
"Discover Coastal Elegance with Ultimate Convenience Experience the perfect fusion of coastal charm and modern convenience with this stunning Bribie Island residence. Just an hours drive from both Brisbane and the Sunshine Coast, and within easy reach of two major airports, this property promises seamless access to both business hubs and leisure hotspots. Nestled in the heart of Bribie Islands vibrant community, this home is a gateway to the best of the region. Enjoy effortless access to Woorim Surf Beach, the pristine Coral Sea, premium shopping destinations, the renowned Sandstone Point Hotel, toptier golf courses, various social clubs, and worldclass fishing spots in Pumicestone Passage and Moreton Bay. Welcome to Your Coastal Sanctuary Situated in the prestigious Island Quays, this beautifully presented brick residence awaits you in a peaceful culdesac. This home seamlessly blends indoor luxury with outdoor entertainment, featuring a screened entertainment area overlooking a sparkling saltwater pool and a charming adjacent hut. Property Highlights Master Suite A luxurious retreat with a walkin robe, ensuite, and air conditioning for yearround comfort. Additional Bedrooms Three spacious rooms with builtin robes. Bathrooms Two full bathrooms plus a convenient powder room. Home Office A dedicated study perfect for remote work or additional space. Living Areas Enjoy three distinct living areas, including formal and casual lounges. Dining Elegant formal dining and relaxed casual dining spaces. Kitchen Newly upgraded with premium Smeg appliances, including an electric induction cooktop, stove, and dishwasher. Flooring Stylish terracotta tiles in the main living areas. Comfort Air conditioning in the main living area and master bedroom, complemented by ceiling fans. Outdoor Oasis An inviting inground saltwater pool, fully enclosed entertainment area, and adjacent hut. Additional Features Includes a spear pump, separate driveway for a caravan, a 5KW solar inverter, and a 3.6KW solar system. Elevate Your Lifestyle This exceptional home offers the ultimate blend of luxury, comfort, and coastal convenience. Dont miss your chance to own this exquisite family haven and entertainers dream. Embrace the coastal lifestyle with unparalleled ease and sophistication. Dont share sensitive info. Chats may be reviewed and used to train our models. Learn more"
Below are some similar properties in the area you may be interested in.
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87%
$885K
4.3%
$80,000
-$27,597
2.8%
2.1%
-15.7%
6.0%
Asking Price
$1,100,000
Estimated Purchase Price
$1,020,000
Stamp Duty
$39,175
Transfer Fee
$3,763
Conveyancing
$1,665
Deposit (10%)
$102,000
Reg. Mortgage
$224
LMI Premium
$28,802
Renovation Costs
-
Total Cash/Equity Required
$176,180
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,080
$39,967
Property Management
+7.7% PA
$2,162
$3,077
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
$21,164
$30,686
Interest Repayments
$60,588
$60,588
Net Cashflow Before Tax
-$39,424
-$29,902
Depreciation
-
-
Tax Offset
-$11,827
-$8,971
Net Cashflow After Tax
-$27,597
-$20,931
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,174,800
$2,123,759
Loan Balance
I.O
$918,000
$918,000
$256,800
$1,205,759
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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