$1.8M
$329,291
Confidence
High
High
$1,320,000
Medium
$1,240,000
Low
$1,160,000
Confidence
High
"Prominently situated in a coveted Buderim position this circa 1960s cottage boasts a sense of timeless elegance and tranquillity. With its unique and functional design, it stands as a testament to the rich history of the area. As you step onto the property, you are immediately captivated by the sweeping vistas that unfold before you. Main residence designed entirely on one level for ease of access with generous hall and doorway widths Scope to add additional upper level, renovate or rebuild to maximise blocks sweeping panoramic outlook Perfect northfacing abode with sparkling 80,000 ltr inground saltwater pool on nearlevel 939sqm parcel Showcasing the stunning beauty of 160 degree ocean and mountain views stretching from Alexandra Headlands, Maroochy River, Mt Coolum, Mt Ninderry, Mapleton and beyond. Expansive enclosed alfresco perfect for hosting memorable gatherings against the backdrop of the stunning sunset French doors, big windows and the open layout invite natural light to flood the interiors Beautiful solid timber flooring and airconditioned open plan living on entrance level Seamless integration of indoor and outdoor living spaces all enjoying a magnificent panoramic vista Gourmet kitchen with gas cooktop, dishwasher, deep ceramic sink and ample bench space Generous master and second bedroom with ocean views, timber floors, BIR and direct balcony access Third bedroom with BIR, powder room and designated private study nook Main bathroom featuring double vanity, huge shower and separate toilet Please note the rooms downstairs are currently being used as a bedroom, living area, bathroom and second kitchen and do not meet the minimum ceiling height Idyllic northerly backyard complete with firepit perfect to enjoy the magical views Low maintenance manicured gardens and lawns, single lockup garage and abundance of storage Moments to Buderim Village, cafes, soughtafter schools and beaches Disclaimer Whilst every care is taken in the preparation of the information contained in this marketing, TM Estate Agents will not be held liable for any errors in typing or information. All interested parties should rely upon their own enquiries in order to determine whether or not this information is in fact accurate and that the property meets their requirements."
-
79.6%
$1.33M
3.5%
$50,000
-$31,239
2.8%
2.2%
-14.8%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$1,190,000
Stamp Duty
$48,950
Transfer Fee
$4,479
Conveyancing
$1,665
Deposit (10%)
$119,000
Reg. Mortgage
$224
LMI Premium
$36,875
Renovation Costs
-
Total Cash/Equity Required
$211,743
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
$1,487
$1,940
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
$26,059
$37,700
Interest Repayments
$70,686
$70,686
Net Cashflow Before Tax
-$44,627
-$32,986
Depreciation
-
-
Tax Offset
-$13,388
-$9,896
Net Cashflow After Tax
-$31,239
-$23,090
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,324,320
$2,394,055
Loan Balance
I.O
$1,071,000
$1,071,000
$253,320
$1,323,055
Below are some similar properties in the area you may be interested in.
Location, 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 - 16.0%
Retail Trade - 12.0%
Education and Training - 10.0%
Accommodation and Food Services - 9.0%
Others - 53.0%
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