Withheld
$127,152
"Vacant ready to go, 16 Acland Drive, Strathpine is perfect for home buyers wanting a spacious, move in ready home which is budget friendly and close to amenities. Built to last and with modern renovations, the interior has good proportions, is complete with a fresh neutral colour scheme, beautiful timber floor boards, and represents excellent value. Priced to please, see below the key features and benefits this great property has to offer 3 bedrooms all with builtin wardrobes Potential to create a 4th bedroom or office Large functional kitchen with dishwasher Timber floorboards airconditioning throughout main living area Huge lounge and dining room with access to a small private balcony Large family bathroom Covered entertaining area overlooking big fully fenced backyard Single lock up car accommodation with remote control door Plenty of storage space with extra lock up storage facility and big garden shed 610sqm block with extra off street parking capability Location benefits Strathpine West State School 400m Alf Shaw Park 600m Local shops 1.2km Brendale Industrial estate 2.4km Bray Park Train Station 2.7km Strathpine Centre 3.3km Petrie USC Campus 5.1km Property information Council Rates per quarter approx. 569.35 Vacant with previous lease starting on the 050824 at 540pw Interested Please Call Mark Rumsey today on 0404 498 340 for further information or we invite you to inspect at one of our scheduled open inspections. We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement. Internal photos are indicative only"
-
69.2%
$678K
4%
$60,000
-$14,499
4.0%
3.0%
-12.1%
6.0%
Asking Price
$729,000
Estimated Purchase Price
$705,000
Stamp Duty
$24,750
Transfer Fee
$2,457
Conveyancing
$1,665
Deposit (10%)
$70,500
Reg. Mortgage
$224
LMI Premium
$19,907
Renovation Costs
-
Total Cash/Equity Required
$120,054
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,080
$39,967
Property Management
+7.7% PA
$2,162
$3,077
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
$21,164
$30,686
Interest Repayments
$41,877
$41,877
Net Cashflow Before Tax
-$20,713
-$11,191
Depreciation
-
-
Tax Offset
-$6,214
-$3,357
Net Cashflow After Tax
-$14,499
-$7,834
Assumptions
Year 1
Year 10
Property Value
6.8%
$817,020
$1,476,978
Loan Balance
I.O
$634,500
$634,500
$182,520
$842,478
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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 Vacancy Rate
Average Days of Supply
Sold Price
Asking Price