$925K
$179,979
"Located only 14 kilometres to the Bundaberg CBD, this 17.79 Hectare 43.96 acres fenced property offering a massive Queenslander is sure to attract keen buyer interest with its size, liveability, sustainability and lifestyle living. With bitumen to the front gates and very little passing traffic, being near the end of the sought after Bonna Road rural precinct in Branyan, awaken your senses to all the benefits of country living without the tyranny of distance or lack of facilities. The massive house is a true family friendly Queenslander approximately 178 square metres of floor space which is suitable to move into directly or to return to all its historic charm in your own good time. Central to this home are the main bedroom and lounge room with 370 Cm 12 feet feet ceilings and featuring tongue and groove timber walls. These rooms are surrounded by a fully enclosed verandah this area incorporates the rear positioned kitchen with lovely farm views, the dining room, casual lounge, second bedroom, sleep out and internal bathroom and separate toilet. The sleep out could be easily divided to create an additional 2 bedrooms if required. A later addition approximately 34 square metres of floor space to the home has been added with 2 additional bedrooms being the result. To the back of the home, the laundry and second shower extend from the covered patio and there is a craft room or rumpus for the kids with more than 50 square metres underroof in total. The roof and guttering is near new. There is another toilet located outside as well. In all, there are 5 large rainwater tanks which easily reach capacity from the large capture area of the house and shed. The high roofed powered shed easily has capacity for at least 4 vehicles in the carport space with an additional lockup up garage. There is a lockable workshop also. Beyond the shed are a set of portable cattle yards that incorporate a head bail, crush and stock race. There is even a milking stall for the house cow and chicken coops One could easily live a self sufficient life on this farm. The house yard is substantial and will provide many hours of play time for the kids. Additionally there is an enclosed fruit tree yard with a mixture of mature trees that will keep the green thumb occupied. The property is divided into a number of well fenced paddocks with access lanes for easy pasture management and stock control. There is a massive estimated to be in excess of 2 acres surface area dam which lends itself to water storage, irrigation and recreation purposes. With just a little imagination, the size and configuration of the paddocks provide the basis for a nice sideline business enterprise or could indeed provide the near town home base for a larger operation. There are two registered bores on the property RN 40857 and RN 42468 for which there is no express or implied guarantee offered regarding their current functionality. Please note any distances or area measurements stated are approximations only. Rates 2,141 Per Half Year Please call Exclusive Listing Agent Greg McMahon on 0414 518 315 or email gregascot.net.au This really is a once in a lifetime chance to secure an incredibly featured acreage property. Whilst every endeavour has been made to verify the correct details in this marketing neither the agent, vendor, or contracted illustrator takes 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.
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93.1%
$504K
6.7%
-$150,000
-$25,993
3.3%
2.5%
-13.9%
6.0%
Asking Price
$1,000,000
Estimated Purchase Price
$1,075,000
Stamp Duty
$42,338
Transfer Fee
$4,016
Conveyancing
$1,665
Deposit (10%)
$107,500
Reg. Mortgage
$224
LMI Premium
$30,355
Renovation Costs
-
Total Cash/Equity Required
$186,648
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$35,360
$50,328
Property Management
+7.7% PA
$2,723
$3,875
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
$26,722
$38,735
Interest Repayments
$63,855
$63,855
Net Cashflow Before Tax
-$37,133
-$25,120
Depreciation
-
-
Tax Offset
-$11,140
-$7,536
Net Cashflow After Tax
-$25,993
-$17,584
Assumptions
Year 1
Year 10
Property Value
6.8%
$987,900
$1,785,888
Loan Balance
I.O
$967,500
$967,500
$20,400
$818,388
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 - 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