$849K
$164,417
"Experience the epitome of waterfront living at 19A16 Spinnaker Drive, Sandstone Point. This exceptional property is located in one of the most coveted waterfront locations in the Bribie Greater Region, offering direct access to the shore for early morning sea swims without any distractions. With no roads or cars in sight, indulge in the tranquility of this prime location, surrounded by a fantastic, friendly body corporate and community that will make you feel truly at home. Remarkable Features High spec finishes throughout Exceptional kitchen, living areas, and bedrooms Serene outdoor area enveloped by greenery Inviting Inground Pool Remote Garage Secure Complex for peace of mind Property Description Step into this immaculate home designed for the most discerning buyer. Whether you plan to occupy, invest, or have your personal holiday retreat, this property offers versatility and charm. Upstairs, discover two spacious bedrooms with builtins ceiling fans, a luxurious bathroom with a tub, and a separate toilet. The wellappointed kitchen, featuring stainless steel appliances and gas cooking, overlooks the dining and lounge areas that open to a covered entertainment space where the picturesque views of the Pumicestone Passage are a joy. Take a leisurely stroll to the renowned Sandstone Point Hotel, voted Australias best hotel establishment, and explore the array of dining options in the Spinnaker area. Experience the ultimate in security and peace of mind within this gated complex. Dont Miss Your Chance Seize the opportunity to own this dream waterfront property. Contact us now for more details and secure your slice of paradise today."
Below are some similar properties in the area you may be interested in.
-
74.6%
$800K
7.2%
$10,000
-$17,283
3.2%
2.3%
-15.1%
6.0%
Asking Price
-
Estimated Purchase Price
$675,000
Stamp Duty
$23,400
Transfer Fee
$2,331
Conveyancing
$1,665
Deposit (10%)
$67,500
Reg. Mortgage
$224
LMI Premium
$19,060
Renovation Costs
-
Total Cash/Equity Required
$114,730
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$21,840
$31,085
Property Management
+7.7% PA
$1,682
$2,394
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
$15,404
$22,489
Interest Repayments
$40,095
$40,095
Net Cashflow Before Tax
-$24,691
-$17,606
Depreciation
-
-
Tax Offset
-$7,407
-$5,282
Net Cashflow After Tax
-$17,283
-$12,324
Assumptions
Year 1
Year 10
Property Value
6.8%
$731,580
$1,322,523
Loan Balance
I.O
$607,500
$607,500
$124,080
$715,023
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewLocation, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
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 Vacancy Rate
Average Days of Supply
Sold Price
Asking Price