$800K
$151,087
"My vendor is retiring and relocating to NSW after living in this home for almost 23 years. There have been numerous renovations throughout the years including replacing the kitchen and transforming the double garage into a utility room with lounge and separate kitchenette plus modern bathroom with shower, vanity and toilet. As you walk upstairs into the living room the raked ceiling is impressive and adds an extra dimension. This leads up to the renovated kitchen which is open plan with the dining room and leads out to the deck overlooking the expansive backyard. The kitchen has a six burner gas stovetop, large pantry and all important dishwasher. The kitchen window opens out to a servery for the outdoor entertainment area. Two of the three bedrooms have airconditioners and all have builtin robes. The central bathroom is modern with shower, vanity and separate toilet. It is seldom that a home with this configuration and floorplan comes on to the market. It would suit large families as there is space on both levels to spread out and relax, socialise or simply have some downtime. Features include but are not limited to 3 bedrooms upstairs, all with builtins and two with airconditioners and roller shutters Spacious living room with raked ceiling with airconditioner Kitchendining room with plenty of benchtop and cupboard space, pantry, breakfast nook, 6 burner gas cooktop, rangehood, glass splashbacks and all important dishwasher Modern, central bathroom upstairs with shower, vanity and separate toilet The good sized deck as two blockout blinds and overlooks the grassed and paved backyard with builtin fire pit Utility room downstairs currently used as a bedroom but not legal height Downstairs rumpus and kitchenette with large airconditioner that cools the whole downstairs area. Kitchen also has a dishwasher Modern bathroom with shower, vanity and toilet Large, secure storage area downstairs Enclosed patio with opening latches, ideal for a gym or additional storage space Internal laundry with tub 20 solar panels with 5KW converter Crimsafe on doors and most windows those that can be assessed Fans throughout 5 wall mounted TVs are included Fully fenced backyard which is safe for kids and pets to play 615 sqm block with low maintenance garden Double carport Great location with lovely neighbours, many of whom have lived there for decades Conveniently close to Kensington Village Shopping Centre, local schools and transport with bus stop literally at your doorstep that will take you to Bray Park Station, Strathpine and Warner Shopping Centre 671 Strathpine, Bray Park, Lawnton and Joyner North 673. Only 800m to Club Pine Rivers Bowling Club which has a courtesy bus 7 days a week. Presale building and pest inspection report available Rates 392 last quarter Please join us at one of our open homes or contact Denean to coordinate an inspection to suit your schedule. Disclaimer Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property."
Below are some similar properties in the area you may be interested in.
1.8%
85.4%
-
-
-$75,000
-$20,608
3.3%
2.5%
-14.0%
6.0%
Asking Price
$800,000
Estimated Purchase Price
$860,000
Stamp Duty
$31,725
Transfer Fee
$3,089
Conveyancing
$1,665
Deposit (10%)
$86,000
Reg. Mortgage
$224
LMI Premium
$24,284
Renovation Costs
-
Total Cash/Equity Required
$147,538
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
$51,084
$51,084
Net Cashflow Before Tax
-$29,440
-$19,715
Depreciation
-
-
Tax Offset
-$8,832
-$5,914
Net Cashflow After Tax
-$20,608
-$13,800
Assumptions
Year 1
Year 10
Property Value
6.8%
$838,380
$1,515,592
Loan Balance
I.O
$774,000
$774,000
$64,380
$741,592
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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 Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price