Withheld
$311,948
"Situated in the verdant undulating hillside of Camp Mountain and NOW available for the first time in over 140 years, this offering represents a rare opportunity to purchase 14.5 acres of significant holding on the entrance to Samford Village with the added bonus of 2 street frontages. Once part of Samfords deep farming history, this exproductive dairy land, provides a soughtafter Investment opportunity for its new owners. With established tree lined borders, a stunning mountain backdrop and sprawling acres, this large acreage is suitable for livestock, the hobbyist farmer or skilled green thumb Located only 45 minutes to Brisbanes CBD and 700ms to Samfords Idyllic Character Village where youll discover preserved heritage buildings, a fascinating history museum, gourmet cafes, a centuryold pub, an oldfashioned country market, Medical services and fantastic local parks and playgrounds. Secluded from neighbouring properties, the delightful 3 bed study character cottage radiates an unmatched charm. Open plan living and dining feature a central potbelly fireplace. Soaring raked timber feature ceilings, large windows and sliding glass doors allow for an abundance of natural light to filter through the homes living spaces with leafy outlooks and views out and over the slightly sloping land to the mountains from every room. Property Features 3 Bedrooms Study Separate Shower and Large Bathtub In True farmers cottagestyle, the kitchen is finished with timber benches, a breakfast bar, single fridge space An abundance of cabinetry space, gas stovetop, double sink and subway splashback tiling Paved Courtyard off Kitchen and Living areas, perfect for alfresco dining and all year round outdoor entertaining Covered Patio Areas Fenced House Yard Raked Timber Ceilings Enclosed Double Garage with tilt door Land Size 14.5 approx. Acres Rates 4,000 pa approx. Tank Water Nearby approx. 700ms to Samford Village 300m to Samford Road Camp Mountain Road bustop 2 Km Radius of Local Childcare Centres 1.7 Kms to Samford State School 4.6 Kms to Samford Valley Steiner School 7minute Drive to Ferny Grove Train Station 45minute Drive to Brisbanes CBD Take advantage of this extremely rare opportunity to purchase a part of Samford Valleys history... This is a property that will capture the heart and the imagination. Contact Ven Grasso on 0407 737 665 for your inspection."
Below are some similar properties in the area you may be interested in.
-
86%
$2.15M
1.6%
$70,000
-$45,872
2.6%
2.1%
-14.7%
6.0%
Asking Price
-
Estimated Purchase Price
$1,710,000
Stamp Duty
$78,850
Transfer Fee
$6,670
Conveyancing
$1,665
Deposit (10%)
$171,000
Reg. Mortgage
$224
LMI Premium
$52,988
Renovation Costs
-
Total Cash/Equity Required
$311,948
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$44,200
$62,910
Property Management
+7.7% PA
$3,403
$4,844
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
$36,043
$51,863
Interest Repayments
$101,574
$101,574
Net Cashflow Before Tax
-$65,531
-$49,711
Depreciation
-
-
Tax Offset
-$19,659
-$14,913
Net Cashflow After Tax
-$45,872
-$34,797
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,901,040
$3,436,628
Loan Balance
I.O
$1,539,000
$1,539,000
$362,040
$1,897,628
Did you know you need to engage a conveyancer when buying a property?
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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
Average Days of Supply