Withheld
$137,799
"Surrounded by rainforest and nature, this private Sanctuary is set high above the treetops offering uninterrupted breathtaking views of the McAlister Ranges. The property is tucked safely into the side of Earl Hill, cradled from harsh weather from the North. Inspired by tradition, this modern contemporary Queenslander is the perfect design for a comfortable lifestyle here in Tropical Far North Queensland. Original materials and classic design elements merge effortlessly with modern engineering. A beautiful property with a nod to a bygone era. We love the casement windows, polished hardwood timber floors and the huge wrap around Verandas, and French doors that capture the natural breezes to keep you cool all year round. STAND OUT FEATURES Private Treetop Sanctuary surrounded by Rainforest and Nature. Palm tree lined inground lagoon style pool, outdoor patio, sundeck, and views. Modern contemporary Queenslander with polished hardwood timber floors, traditional Louvres, casement windows, and French doors. Beautiful entertainers kitchen with SMEG 900mm freestanding gas cooker, double fridge space and bifold windows and servery. Open plan family room and lounge, with high ceilings, timber fretwork, traditional architrave, wall sconces, ceiling rose and modern chandelier. Master suite with views of the mountains, walk in robe, ensuite, french doors that open out to deck. Huge wrap around veranda, hardwood timber deck and outdoor barbeque, dining, and entertainment living space. Double garage with high clearance, automatic doors, endless under house storage, racking and laundry with bonus laundry chute. Premium airconditioning throughout Large 1,414m2 block, pet safe fenced areas to allow them to roam freely. Landscaped tiered tropical gardens, with engineered drainage and retaining systems put in place. Huge 12 Kw Powerful Solar System, battery storage ready and backup generator change over switch. The Lookout offers a unique combination of rainforest and beach lifestyle, located right at the end of a private culdesac and only a short drive to Vasey Esplanade. With plenty of walking, bike trails and nature reserves. Close to Blue Water Marina, boat ramp, restaurant bar and grill. Contact Rebecca Butson on 0406 537 579 or rebecca.butsonraywhite.com to arrange your viewing."
Below are some similar properties in the area you may be interested in.
-
77.7%
$1.11M
3.3%
$725,000
+
120.6%
90.8%
252.3%
6.0%
Asking Price
$26,000
Estimated Purchase Price
$25,000
Stamp Duty
$300
Transfer Fee
$224
Conveyancing
$1,665
Deposit (10%)
$2,500
Reg. Mortgage
$224
LMI Premium
$423
Renovation Costs
-
Total Cash/Equity Required
$5,887
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$30,160
$42,927
Property Management
+7.7% PA
$2,322
$3,305
Rates
+3.0% PA
$1,482
$1,934
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
$22,705
$32,924
Interest Repayments
$1,485
$1,485
Net Cashflow Before Tax
$21,220
$31,439
Depreciation
-
-
Tax Offset
$6,366
$9,432
Net Cashflow After Tax
$14,854
$22,008
Assumptions
Year 1
Year 10
Property Value
6.8%
$801,000
$1,448,017
Loan Balance
I.O
$22,500
$22,500
$778,500
$1,425,517
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%
Accommodation and Food Services - 11.0%
Retail Trade - 11.0%
Education and Training - 9.0%
Others - 54.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price