Withheld
$128,926
"Introducing 19 Wedgebill Parade, Burleigh Waters a magnificent 4bedroom NORTH FACING waterfront opportunity in a quiet street, with wide blue water and stunning views to Surfers Paradise. This exceptional residence presents an incredible opportunity to own a prestigious home in one of the most soughtafter locations. Nestled on an expansive 840m2 blue waterfront block, this remarkable residence offers the perfect balance of space, style, and tranquillity. With 4 bedrooms, 2 bathrooms, and a 2car garage, this property is an absolute gem for families seeking a premium coastal lifestyle. Move straight in, renovate or build your dream home. The opportunities are endless with the large garage area that could also be converted to a teenager or separate family area later when the family grows. Property features Clear Blue Waterfront 840m2 North Facing Block Kitchen with water views Stone Benchtops 4 Bedrooms Builtin robes Master with water views 2 Bathrooms Multiple living areas Outdoor Entertaining Secure Parking Double garage that could also be converted to a teenager or separate family area. Situated in the prestigious suburb of Burleigh Waters, this home is conveniently located near a range of amenities. Experience the best of the Gold Coast lifestyle with nearby pristine beaches, trendy cafes, boutique shops, and excellent schools. Embrace the tranquil waterfront living while being just a short drive away from the vibrant heart of Burleigh Heads. Dont miss out on this onceinalifetime opportunity to own a magnificent waterfront property. Contact me today to arrange a viewing and secure your slice of paradise at 19 Wedgebill Parade, Burleigh Waters. Act now and make this residence your new home. Mark Shinners 0488 999 382 Disclaimer The photos have been staged with furniture to gain a sense of space and a visual understanding of the property. Disclaimer Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise."
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83.1%
$1.33M
5.1%
$20,000
-$36,459
3.0%
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-13.6%
6.0%
Asking Price
-
Estimated Purchase Price
$1,480,000
Stamp Duty
$65,625
Transfer Fee
$5,701
Conveyancing
$1,665
Deposit (10%)
$148,000
Reg. Mortgage
$224
LMI Premium
$45,861
Renovation Costs
-
Total Cash/Equity Required
$267,627
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$44,200
$62,910
Property Management
+7.7% PA
$3,403
$4,844
Rates
+3.0% PA
$1,318
$1,720
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
$35,828
$51,583
Interest Repayments
$87,912
$87,912
Net Cashflow Before Tax
-$52,084
-$36,329
Depreciation
-
-
Tax Offset
-$15,625
-$10,899
Net Cashflow After Tax
-$36,459
-$25,430
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,602,000
$2,896,035
Loan Balance
I.O
$1,332,000
$1,332,000
$270,000
$1,564,035
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 - 13.0%
Retail Trade - 12.0%
Accommodation and Food Services - 11.0%
Construction - 9.0%
Others - 55.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price