$1.25M
$199,239
"Welcome to a onceinalifetime opportunity to own a piece of paradise in the stunning Whyanbeel Valley, where sustainability meets lifestyle. This expansive property offers flexibility, potential, and the chance to create your dream future. LOT 50 ESTABLISHED HOME WITH LONG TERM TENANTS This lot features a twostorey, 3bedroom, 1bathroom home with longterm tenants eager to stay. Additionally, a large shed on the property currently houses farm machinery for the local cane contractors machinery not included in the sale. LOT 51 WHYANBEEL CREEK AND ENDLESS POSSIBILITIES Bordered by the tranquil Whyanbeel Creek, this lot offers a unique natural setting. A potential house site where there was once an old cane barracks on the hill, with both power and water connections. This site is perfect for building your dream home, offering a rare combination of privacy, elevation, and natural beauty. LOT 5 YOUR VERY OWN CREEK ACCESS Lot 5 is a nature lovers dream, bordered by the picturesque High Falls Creek. Enjoy lazy days floating down the creek from the nearby causeway, fishing, or simply soaking in the serene environment. The creekside offers endless opportunities for family fun and relaxation. A FAMILY LEGACY, READY FOR A NEW CHAPTER This cherished property has been familyowned for generations, and now its time for someone new to carry the torch. While the current owners are busy with their own lives, the opportunity is here for you to take the reins and make this property your own. A PROPERTY FULL OF POTENTIAL The land currently grows sugar cane, but the possibilities for cultivation are endless. Consider planting bananas, dragon fruit, passionfruit, coconut, or even experimenting with cacao, moringa, or other tropical crops. The opportunity to grow Bana Grass could also be an option. With three titles, the future of this property is limited only by your imagination. THE TIME IS NOW With rich soil, diverse opportunities for tropical farming, and a landscape that feels like paradise, this property offers the ultimate lifestyle change for you and your family. The time has come to pass the baton are you ready to make it yours The registered lease southern block forms part of the sale. At an annual cost of 312.40. This lease will transfer with the sale. Selling as ONE parcel with ability to separate the lots subject to Council approval. Call now to secure your families future or to arrange your inspection. Call Nicole on 0416 033 948 or email nicolepropertyshopmossman.com"
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82.8%
$1.04M
2%
$145,000
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2.3%
1.7%
-16.9%
6.0%
Asking Price
$1,250,000
Estimated Purchase Price
$1,155,000
Stamp Duty
$46,938
Transfer Fee
$4,353
Conveyancing
$1,665
Deposit (10%)
$115,500
Reg. Mortgage
$224
LMI Premium
$35,790
Renovation Costs
-
Total Cash/Equity Required
$205,020
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$26,000
$37,006
Property Management
+7.7% PA
$2,002
$2,849
Rates
+3.0% PA
$1,101
$1,437
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
$19,246
$27,956
Interest Repayments
$68,607
$68,607
Net Cashflow Before Tax
-$49,361
-$40,651
Depreciation
-
-
Tax Offset
-$14,808
-$12,195
Net Cashflow After Tax
-$34,553
-$28,455
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,388,400
$2,509,897
Loan Balance
I.O
$1,039,500
$1,039,500
$348,900
$1,470,397
Did you know you need to engage a conveyancer when buying a property?
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2021 Population
Suburbs
Accommodation and Food Services - 27.0%
Retail Trade - 10.0%
Transport, Postal and Warehousing - 8.0%
Administrative and Support Services - 7.0%
Others - 48.0%
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