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$899K
$146,671
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$800,000
Medium
$765,000
Low
$730,000
Confidence
Medium
Seize the opportunity to own this unique property with a versatile setup. Upstairs, find a renovated 4-bedroom living area with modern amenities like air conditioning and solar panels. Downstairs, discover a space previously used as a takeaway shop, general store, and dress shop, equipped with a Class 6 commercial kitchen. Enjoy excellent main road exposure, near sporting facilities and community amenities. Benefit from substantial parking, storage, and soundproofing features. A perfect blend of commercial potential and residential comfort, conveniently located near Goodna's transit and shopping centers.
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58.6%
$500K
5.7%
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Try Picki for FREE$10,000
-$16,467
3.8%
Asking Price
-
Estimated Purchase Price
$755,000
Stamp Duty
$27,000
Transfer Fee
$2,668
Conveyancing
$1,665
Deposit (10%)
$75,500
Reg. Mortgage
$224
LMI Premium
$21,319
Renovation Costs
-
Total Cash/Equity Required
$128,926
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
$1,424
$1,858
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
$21,323
$30,951
Interest Repayments
$44,847
$44,847
Net Cashflow Before Tax
-$23,524
-$13,896
Depreciation
-
-
Tax Offset
-$7,057
-$4,169
Net Cashflow After Tax
-$16,467
-$9,727
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$817,020
$1,476,978
Loan Balance
I.O
$679,500
$679,500
$137,520
$797,478
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2021 Population
Suburbs
Health Care and Social Assistance - 14.0%
Manufacturing - 12.0%
Retail Trade - 11.0%
Education and Training - 11.0%
Others - 52.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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projected
for 2024 to 2026
Create a free account to access the tools and information you need to make the best property investment decisions.
Trusted by over 13,000 property buyers and counting...
Try Picki for FREEMonthly % Change in Median House Prices (Prev. Quarter)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
