$2M
$379,393
"Here is an amazing opportunity to purchase a quality home in a quiet court with the benefit of high mast access to the bay and islands. Having recently been rebuilt to the highest of standards, you will have nothing to do but enjoy the seaside lifestyle on offer. The flexible floor plan is designed for living and includes multiple formal and informal entertaining spaces. The emphasis is on maximising the water views and allows for an abundance of natural light. You will love the added bonus of the designated home office and brilliant upstairs studio this home is unique in so many ways. Internal features include Fully renovated like new 3 great sized bedrooms PLUS office PLUS studio Master with ensuite Unique and flexible floor plan 2 12 bathrooms Formal and informal living spaces complete flexibility Great floor plan options for home business Gorgeous kitchen and living spaces overlook the canal External features include 21.7m canal frontage High mast easy access to the bay Modern pontoon with power and water East facing, private balcony services the master suite and studio Sparkling inground pool with adjoining entertaining deck Multiple outdoor entertaining spaces Fully fenced 691sqm allotment with established gardens Solar panels Lifestyle features include Deep water, high mast easy access to the bay and islands Walk to Newport Marketplace 30 mins to Brisbane Airport Close to quality schools Easy access to convenience stores Quiet culdesac location Contact Cameron today for further details ."
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85%
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-$605,000
-$66,313
1.7%
1.3%
-17.7%
6.0%
Asking Price
$2,000,000
Estimated Purchase Price
$2,040,000
Stamp Duty
$97,825
Transfer Fee
$8,061
Conveyancing
$1,665
Deposit (10%)
$204,000
Reg. Mortgage
$224
LMI Premium
$63,214
Renovation Costs
-
Total Cash/Equity Required
$375,539
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$33,800
$48,108
Property Management
+7.7% PA
$2,603
$3,704
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
$26,443
$38,201
Interest Repayments
$121,176
$121,176
Net Cashflow Before Tax
-$94,733
-$82,975
Depreciation
-
-
Tax Offset
-$28,420
-$24,893
Net Cashflow After Tax
-$66,313
-$58,083
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,532,580
$2,770,540
Loan Balance
I.O
$1,836,000
$1,836,000
-$303,420
$934,540
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
Sales Price Growth (% Change)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price