$649K
$110,273
"Not all Townhouses are the same and you will certainly find this out when you step inside this stylish townhouse, which is situated at the rear of the complex, ensuring the upmost privacy . Just across the road is the popular Mueller College. You will be surprised at how much space is on offer and will love all the little extras that make this the perfect place to call home. From the living area Bifold doors open to welcome the outside in, as you entertain family and friends on the fully fenced courtyard. Ducted aircon keeps you comfortable all year round. There is a stunning new bathroom to be proud of. The garage has been converted to an airconditioned office with glass doors and retractable blinds. Perfect for those working from home. This wellmaintained small complex of three townhouses is in close proximity to nature reserves and kilometres of walking and bike tracks. The home is perfectly located for children attending Mueller College and Grace Lutheran College. Close by are a selection of shopping areas and is just mins to the train stations at Rothwell and Kipparing. Its a short drive to Redcliffe hospital, the CBD and gorgeous waterfront, and North Lakes Westfields, Ikea and Costco. Features Spacious open plan living and dining Bright modern kitchen with plenty of cupboards, Pantry Miele dishwasher 10 year warranty Bifold doors open from the living area plus retractable screen Fully ducted air con Understairs storage Main bedroom with computer nook and builtins 2 further generous sized bedrooms with builtins Stunning new bathroom with large shower 2nd toilet downstairs Converted garage to airconditioned office can be easily converted back if required Fans throughout Great courtyard for entertaining Brand new Rheem hot water service with life time guarantee Security camera covering back and front yard Security screens throughout Public transport at the front door Low maintenance garden and grounds Enclosed area for pets Dont miss this opportunity to purchase a troublefree investment, or a perfect home."
Below are some similar properties in the area you may be interested in.
5%
63%
$796K
4.4%
$115,000
-$10,196
4.8%
3.7%
-9.3%
6.0%
Asking Price
$649,000
Estimated Purchase Price
$650,000
Stamp Duty
$22,275
Transfer Fee
$2,204
Conveyancing
$1,665
Deposit (10%)
$65,000
Reg. Mortgage
$224
LMI Premium
$18,354
Renovation Costs
-
Total Cash/Equity Required
$110,273
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
$1,103
$1,439
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
$24,044
$34,785
Interest Repayments
$38,610
$38,610
Net Cashflow Before Tax
-$14,566
-$3,825
Depreciation
-
-
Tax Offset
-$4,370
-$1,147
Net Cashflow After Tax
-$10,196
-$2,677
Assumptions
Year 1
Year 10
Property Value
6.8%
$817,020
$1,476,978
Loan Balance
I.O
$585,000
$585,000
$232,020
$891,978
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2021 Population
Suburbs
Health Care and Social Assistance - 15.0%
Retail Trade - 14.0%
Education and Training - 11.0%
Construction - 10.0%
Others - 50.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Rental Yield
Average Days of Supply
Sold Price
Asking Price