$1.8M
$328,348
"This is a unique opportunity to secure a perfectly positioned home within distinguished Burleigh Cove. This is one of the most recently constructed residents in this pocket and purposely designed and built for dual living. What truly sets this one apart is you are set upon a massive elevated 800 sqm corner block, which gives you spectacular city skyline views and ultimate privacy. Boasting a versatile floor plan with fantastic indooroutdoor living options and generous proportions throughout, you have the option to adapt the home to suit your lifestyle. Whether you are seeking an additional income or have a large family wanting to live comfortably yet have your own space under the one roof, this home will offer that and so much more. For those that also require extra space for a caravan or boat, the property has an oversized 2 car garage for lots of storage and is also equipped with an additional multipurpose shed on the side of the property. Peacefully positioned in a quiet familyfriendly area offering elite privacy with established hedging and lush landscaped gardens. This is the perfect home for a family who wants to be amongst it all yet just enough away from all the noise. Your new homes location is without a doubt one of the best locations on the Gold Coast, as you are within close proximity to local shops, Cafes, Restaurants, Schools, ParksPlaygrounds, Shops and the worldfamous Burleigh Beach. Main Residence 3 bedrooms 2 bathrooms master with ensuite Large open kitchen flowing out to living, dining and entertainment area 2 car oversized garage with high ceilings and high entry. City skyline views and beautiful hinterland views Elevated with great privacy Open plan living Large North facing living area Large freshly painted deck Very light and bright with great aspect and breezes Laundry with external access Very private from all neighbours Security screens on windows and doors Airconditioning in main bedroom Insulation in ceiling Room for a pool Second Residence 1 bedroom 1 bathroom Kitchen Spilt system airconditioning Beautiful hinterland views from front door Insulation in ceiling Massive 800 sqm block Northeast corner position One of the most desired streets in Burleigh Cove Low maintenance Beautiful, lush established landscaping Family friendly quiet street Close to Marymount College Close to Caningeraba State School Close to Stocklands Shopping Centre Close to Burleigh Beach National Park Close to the famous James St Homes of this size with a corner position are always unique and rare and offer something extra to the standard home. The area is very tightly held, and the opportunity will not last very long. Contact us today for further information or to arrange your inspection. Disclaimer You are advised that while every effort has been made to ensure the accuracy of information herein is true, accurate and obtained from reliable sources and is for general information only. Realty Blue Pty Ltd, and its director, offices, employees, agents, vendors, and related entities are not responsible for and disclaims all liability and responsibility, including for negligence, for errors, for omissions or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein and must instead satisfy themselves by inspection or otherwise."
Below are some similar properties in the area you may be interested in.
-
85.2%
$1.24M
5%
-$320,000
-$50,355
2.6%
2.1%
-14.5%
6.0%
Asking Price
$1,895,000
Estimated Purchase Price
$1,895,000
Stamp Duty
$89,488
Transfer Fee
$7,471
Conveyancing
$1,665
Deposit (10%)
$189,500
Reg. Mortgage
$224
LMI Premium
$58,721
Renovation Costs
-
Total Cash/Equity Required
$347,618
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$49,400
$70,312
Property Management
+7.7% PA
$3,804
$5,414
Rates
+3.0% PA
$1,318
$1,720
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
$40,627
$58,414
Interest Repayments
$112,563
$112,563
Net Cashflow Before Tax
-$71,936
-$54,149
Depreciation
-
-
Tax Offset
-$21,581
-$16,245
Net Cashflow After Tax
-$50,355
-$37,904
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,682,100
$3,040,837
Loan Balance
I.O
$1,705,500
$1,705,500
-$23,400
$1,335,337
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 - 13.0%
Retail Trade - 12.0%
Accommodation and Food Services - 11.0%
Construction - 9.0%
Others - 55.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price