$1000K
$191,376
Confidence
High
High
$1,150,000
Medium
$1,100,000
Low
$1,050,000
Confidence
Not Found
"CHARM AND POTENTIAL ON CORINDAS HIGH SIDE Hidden amongst the trees on a lovely leafy street on Corindas high side, this character home presents timeless period detail and a world of opportunity. Resting on an expansive 794sqm allotment with a northsouth aspect and side access, the property offers outstanding potential to revive with a renovation, extension or raisebuildin STCA. With the current home immediately liveable, you can move in or rent out and generate income as you plan your transformation. Brimming with classic charm and character style, traditional timber floors, high ceilings, VJ walls, and stained glass adorn the interiors. The practical floor plan features spacious rooms and moves from the enclosed sunroom entry to the living room, dining room and functional kitchen. There are three bedrooms and one bathroom, including the main bedroom with a dressing roomnursery. With a large undercroft storage area, multipurpose room, laundry, and parking for two cars, the lower level can be transformed by raising and building in extra bedrooms, bathrooms and living spaces STCA. Unfolding to the sprawling backyard with flat lawns and side access, this area can be utilised by kids and revitalised with an extraordinary entertaining retreat and a swimming pool STCA. Property features include Character home on 794sqm with a northsouth aspect Opportunity to renovate, raise and extend STCA Sunroom, living room, dining room, functional kitchen 3 bedrooms, including the main with a dressing roomnursery 1 bathroom with a separate toilet, downstairs laundry Undercroft storage, 2car parking, multipurpose room Huge backyard with side access, room for a swimming pool 22panel solar system, rainwater tank. Situated in a leafy pocket of Corinda, this home presents a peaceful lifestyle and familyfriendly appeal. Just 600m from the Oxley train stationshopping plaza and 1.4km from the Corinda train stationlifestyle precinct, you have excellent access to transport, supermarkets, cafes and restaurants. Parks, playgrounds and reserves are within easy walking distance, and sporting enthusiasts can join the local clubs, play a round at Corinda Golf Course, and enjoy matches at Ambiwerra Tennis Centre. Less than 1.6km from Corinda State High School, Corinda State School and childcare, and close to private colleges, parents will love this location. DISCLAIMER Whilst all care has been taken to ensure that the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly, we recommend that all interested parties should make their own enquiries and due diligence to verify the information. Any personal information provided to Cameron Crouch Property TAs Ray White Sherwood, will come under the terms set out in our Privacy Policy, which can be found here for your convenience httpswww.raywhite.comprivacy."
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74.5%
$1.38M
3.4%
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-$3,508
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-158.4%
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Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
-
Stamp Duty
-
Transfer Fee
-
Conveyancing
$1,665
Deposit (10%)
-
Reg. Mortgage
-
LMI Premium
-
Renovation Costs
-
Total Cash/Equity Required
$2,215
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
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-
Rates
+3.0% PA
$1,360
$1,774
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
-$5,011
-$6,538
Interest Repayments
-
-
Net Cashflow Before Tax
-$5,011
-$6,538
Depreciation
-
-
Tax Offset
-$1,503
-$1,961
Net Cashflow After Tax
-$3,508
-$4,577
Assumptions
Year 1
Year 10
Property Value
6.8%
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-
Loan Balance
I.O
-
-
-
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2021 Population
Suburbs
Health Care and Social Assistance - 13.0%
Professional, Scientific and Technical Services - 10.0%
Education and Training - 9.0%
Retail Trade - 8.0%
Others - 60.0%
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