$1.5M
$270,538
"Situated in a quiet, family friendly neighbourhood, 6 Treetop Court presents the perfect opportunity for the growing family to experience the fabulous Burleigh lifestyle with its convenience to local shopping, schools and beautiful Burleigh beach. Set in an elevated position on a generous 714m block, this comfortable family home offers four bedrooms, three bathrooms, and multiple indoor and outdoor living areas. Entertain pool side all year round with a spacious covered alfresco living area featuring weatherproof blinds and a semiequipped kitchen offering great preparation space for family barbeques. Enjoy relaxed coastal living in this peaceful location, minutes to everything Burleigh has to offer. Property Features Four bedrooms and three bathrooms Spacious formal living area with plantation shutters and air conditioning Casual family and dining area with air conditioning Sunroom or home office Wellappointed kitchen with large breakfast bar and dishwasher Covered alfresco entertaining area features weatherproof blinds, projector with screen, and a builtin preparationcooking area Multiple courtyard areas Enclosed gazebo ideal for a studio or man cave Private inground swimming pool Master bedroom features a spacious ensuite, walk in robe and direct access to courtyard Second bedroom features a stylish ensuite VJ panel feature walls Ceiling fans throughout Solar panel system Remote double lockup garage and ample offstreet parking Generous 714m2 block in an elevated position Location Highlights Walking distance to Christine Corner Shopping centre, Treeview Drive Shopping Centre, popular restaurants cafes 1.6km walk or ride via shortcut bridge to Treetops Shopping Precinct Minutes to local schools, sporting facilities and beautiful Burleigh beachfront Contact Danny ODonnell on 0411 401 698 to arrange an inspection. 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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1.4%
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$1.15M
5.7%
$25,000
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4.2%
3.5%
-9.2%
6.0%
Asking Price
-
Estimated Purchase Price
$1,550,000
Stamp Duty
$69,650
Transfer Fee
$5,996
Conveyancing
$1,665
Deposit (10%)
$155,000
Reg. Mortgage
$224
LMI Premium
$48,030
Renovation Costs
-
Total Cash/Equity Required
$281,116
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$65,000
$92,515
Property Management
+7.7% PA
$5,005
$7,124
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
$55,026
$78,908
Interest Repayments
$92,070
$92,070
Net Cashflow Before Tax
-$37,044
-$13,162
Depreciation
-
-
Tax Offset
-$11,113
-$3,949
Net Cashflow After Tax
-$25,931
-$9,213
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,682,100
$3,040,837
Loan Balance
I.O
$1,395,000
$1,395,000
$287,100
$1,645,837
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 - 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