Withheld
$116,505
"Occupying an elevated vantage, this unique property offers an unrepeatable opportunity to secure privacy and magnificent ocean views over 4,911m2, metres from the beach. Encompassing two titles, the impressive residence sits within a lush tropical embrace, with a front row seat to the horizon. Featuring a contemporary open plan layout with multiple indoor and outdoor living spaces, high raked ceilings, and a full glass frontage, the considered design and attention to detail create an environment of relaxed resortstyle living. In a rarely available opportunity to purchase a property with a highly soughtafter combination of features, this exceptional property epitomises the very best in location, luxury, and lifestyle. Rare combination of privacy, land and ocean views, metres from the beach Expansive open plan interiors with high raked ceilings abundant natural light Massive entertaining deck with glass balustrades to capture uninterrupted views Generous entertainers kitchen with gas cooking and stunning views Master suite with sitting room and access to two patios All bedrooms feature WIR, ensuite and ocean views Fully selfcontained flat with kitchen, patio, and private entry Screens and air conditioning throughout, 4kw solar power, large office Lovely freeform swimming pool with sundeck in tropical garden setting 4car lockup garage plus additional offstreet parking Sought after location at the end of a quiet culdesac metres from the beach Walk to cafes, restaurants and local boutique shopping and amenities"
Below are some similar properties in the area you may be interested in.
-
73%
-
-
$720,000
+
312.0%
236.7%
413.3%
6.0%
Asking Price
$12,000
Estimated Purchase Price
$10,000
Stamp Duty
$75
Transfer Fee
$224
Conveyancing
$1,665
Deposit (10%)
$1,000
Reg. Mortgage
$224
LMI Premium
$169
Renovation Costs
-
Total Cash/Equity Required
$3,908
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$31,200
$44,407
Property Management
+7.7% PA
$2,402
$3,419
Rates
+3.0% PA
$1,482
$1,934
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
$23,665
$34,291
Interest Repayments
$594
$594
Net Cashflow Before Tax
$23,071
$33,697
Depreciation
-
-
Tax Offset
$6,921
$10,109
Net Cashflow After Tax
$16,149
$23,588
Assumptions
Year 1
Year 10
Property Value
6.8%
$779,640
$1,409,404
Loan Balance
I.O
$9,000
$9,000
$770,640
$1,400,404
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 - 15.0%
Accommodation and Food Services - 11.0%
Retail Trade - 11.0%
Education and Training - 9.0%
Others - 54.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price