Withheld
$84,104
"Be quick to secure this property in an absolute cracker of a spot ocean views and right in the heart of the CBD in the increasingly popular Burnett Heads This high set Queenslander is the perfect property for those wanting to renovate and enclose the downstairs area for a larger family. Being that the property is also zoned commercial you could even knock it down and build a business in its place the possibilities really are endless with this one Property Features Connected to town sewerage Zoned commercial Large fully fenced 802m2 block Prime location 3 good sized bedrooms Separate toilet Large gas cooktop with electric oven Brand new Gas Hot Water system Accommodation for 2 vehicles underneath the home Stand alone shed at rear Contact your local agent James Scarborough TODAY on 1300 787 408 to secure your viewing Whilst every endeavour has been made to verify the correct details in this marketing neither the agent, vendor or contracted illustrator take any responsibility for any omission, wrongful inclusion, misdescription or typographical error in this marketing material. Accordingly, all interested parties should make their own enquiries to verify the information provided. Any fixtures shown may not necessarily be included in the sale contract and it is essential that any queries are directed to the agent. Any information that is intended to be relied upon should be independently verified"
Below are some similar properties in the area you may be interested in.
-
63.2%
$560K
4.7%
-$115,000
-$15,841
3.6%
2.4%
-14.5%
6.0%
Asking Price
$700,000
Estimated Purchase Price
$645,000
Stamp Duty
$22,050
Transfer Fee
$2,204
Conveyancing
$1,665
Deposit (10%)
$64,500
Reg. Mortgage
$224
LMI Premium
$18,213
Renovation Costs
-
Total Cash/Equity Required
$109,407
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
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
$15,683
$23,023
Interest Repayments
$38,313
$38,313
Net Cashflow Before Tax
-$22,630
-$15,290
Depreciation
-
-
Tax Offset
-$6,789
-$4,587
Net Cashflow After Tax
-$15,841
-$10,703
Assumptions
Year 1
Year 10
Property Value
6.8%
$566,040
$1,023,266
Loan Balance
I.O
$580,500
$580,500
-$14,460
$442,766
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 - 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