$1.2M
$235,852
"Discover your peaceful sanctuary at 900 Branyan Drive a remarkable 9acre block that offers endless possibilities for those who cherish space, tranquility, and a love for water activities. Just seconds from the Sandy Hook Boat Ramp, this property is a dream come true for water sports enthusiasts and fishing aficionados alike, with stunning views of the Burnett River right at your doorstep. While the charming 1940s Queenslander on the property may be in need of renovation, the true value lies in the expansive land, perfect for creating your own hobby farm, accommodating machinery and equipment, or simply enjoying the serenity and space away from neighbours. The property also features a sturdy steelframed farm shed and two water tanks, adding to its appeal for those seeking a rural lifestyle filled with potential. Embrace the opportunity to craft your ideal retreat in this idyllic setting The traditional Queenslander boasts covered timber floors and classic VJ walls, providing a glimpse into its heritage. The home features 4 bedrooms and a large central living area, along with a dinein kitchen and one bathroom, making it functional for everyday living. A welcoming front porch adds charm, while downstairs is cemented and offers convenient parking, laundry, and storage space. Notably, the property includes an external wheelchairfriendly elevator, providing easy access bypassing the stairs for enhanced comfort and convenience. For a more indepth look at what the layout of this home has to offer, please view the virtual tour, floor plan and site plan. Call, text or email Ainsley Driver and Zak Wright for more information or to book a private viewing."
Below are some similar properties in the area you may be interested in.
-
93.1%
$504K
6.7%
-$435,000
-$35,733
2.6%
2.0%
-15.5%
6.0%
Asking Price
$1,195,000
Estimated Purchase Price
$1,285,000
Stamp Duty
$54,413
Transfer Fee
$4,901
Conveyancing
$1,665
Deposit (10%)
$128,500
Reg. Mortgage
$224
LMI Premium
$39,818
Renovation Costs
-
Total Cash/Equity Required
$230,071
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$33,800
$48,108
Property Management
+7.7% PA
$2,603
$3,704
Rates
+3.0% PA
$2,264
$2,954
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
$25,282
$36,686
Interest Repayments
$76,329
$76,329
Net Cashflow Before Tax
-$51,047
-$39,643
Depreciation
-
-
Tax Offset
-$15,314
-$11,893
Net Cashflow After Tax
-$35,733
-$27,750
Assumptions
Year 1
Year 10
Property Value
6.8%
$907,800
$1,641,086
Loan Balance
I.O
$1,156,500
$1,156,500
-$248,700
$484,586
Did you know you need to engage a conveyancer when buying a property?
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2021 Population
Suburbs
Health Care and Social Assistance - 17.0%
Retail Trade - 12.0%
Agriculture, Forestry and Fishing - 10.0%
Education and Training - 9.0%
Others - 52.0%
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