$749K
$121,828
"Located in a peaceful yet convenient area, within walking distance to local schools and Lawnton Reserve, this highset 3bedroom, 2bathroom home at 10 Wirraway Street presents a valuable opportunity for savvy investors or those looking to expand their portfolio. Upstairs, youll find the main living and dining areas seamlessly connected to the kitchen, offering a functional layout thats perfect for everyday living. The kitchen provides easy access to the backyard via adjacent stairs, optimising the space in the living and dining areas. The upper level also features three wellappointed bedrooms, two with builtin wardrobes, all thoughtfully arranged around a central bathroom and separate toilet. The lower level is a true highlight, presenting endless possibilities for dual living or additional rental income. It includes two versatile multipurpose rooms, one with an ensuite, a separate utility room, ample storage space, a dedicated laundry, and a kitchenette equipped with an electric stove and oven. Whether youre considering creating a separate living space or simply want extra room for a home office or guest accommodation, this level has you covered. Situated on a generous 647 sqm block, this southfacing gem offers a fully fenced backyard that enjoys a perfect northern aspect, ideal for afternoon outdoor activities and yearround enjoyment. Additional features include side access on both sides of the property, a triple tandem carport with an electric roller door, and offstreet parking for two additional vehicles. Theres even space to park a trailer, ensuring all your needs are met. This property offers unparalleled versatility and is a mustsee for anyone looking for a smart investment or a home with room to grow. Key features Dual living opportunity with separate entry Side access on both sides of the house Fenced undercover Entertaining area Triple tandem carport with electric rollerdoor Additional offstreet parking in driveway Fully Fenced yard Garden shed Water tank Solar Panels Electric Hot Water Upper level Wooden floorboards throughout the upper level Wellequipped kitchen with dishwasher, electric appliances and ample storage Three wellproportioned bedrooms two with builtins Airconditioning in the living and dining areas upstairs Main bathroom with separate toilet Lower level Builtin kitchenette with electric stove top and oven Two multipurpose rooms one with an ensuite Airconditioning in multi purpose room and utility room downstairs Separate rumpus room Dedicated laundry Location Strathpine Plaza Shopping Centre 2 mins Bray Park Train station 4 mins Lawnton Country Markets 4 mins Westfield Strathpine 4mins UniSC Moreton Bay, Petrie 6 mins Schools Strathpine State School 450m Pine Rivers State High School 800m Lawnton State School 6 mins Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property."
3.6%
73.3%
$744K
4.1%
$15,000
-$17,074
3.7%
2.8%
-12.9%
6.0%
Asking Price
-
Estimated Purchase Price
$775,000
Stamp Duty
$27,900
Transfer Fee
$2,752
Conveyancing
$1,665
Deposit (10%)
$77,500
Reg. Mortgage
$224
LMI Premium
$21,884
Renovation Costs
-
Total Cash/Equity Required
$132,475
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
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
$21,644
$31,369
Interest Repayments
$46,035
$46,035
Net Cashflow Before Tax
-$24,391
-$14,666
Depreciation
-
-
Tax Offset
-$7,317
-$4,400
Net Cashflow After Tax
-$17,074
-$10,266
Assumptions
Year 1
Year 10
Property Value
6.8%
$843,720
$1,525,245
Loan Balance
I.O
$697,500
$697,500
$146,220
$827,745
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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