$800K
$129,793
"Welcome to an exquisite Newstyled residence that embodies the pinnacle of luxury living. This newly constructed gem has been meticulously designed to provide a harmonious blend of elegance and practicality, offering an unmatched living experience in the prestigious North Harbour community. Every corner of this home reflects meticulous attention to detail. The fullsized double garage offers generous parking and storage space, while the separate laundry area, complete with a bench and storage cabinet, ensures optimal organization This home offers a massive area of carefully crafted living space, perfectly situated on a 400m block. Luxurious Master Suite The master bedroom is a serene retreat featuring a spacious walkin robe and a stunning ensuite, a dual stone vanity, and an exquisite splashback. Comfortable Bedrooms Three additional spacious bedrooms, each equipped with builtin robes, provide ample space and comfort for family and guests or a home office. YearRound Comfort Enjoy the perfect climate indoors with multizoned ducted air conditioning and ceiling fans throughout. Bright and Open Living Areas The expansive open plan living and dining areas are flooded with natural light, entertainment takes centre stage with a separate generously sized theatre room, perfect for movie nights or gaming sessions. Kitchen The butlers pantry, featuring abundant shelving and a sink, offers additional storage, ensuring that every tool and ingredient is within easy reach. This kitchen seamlessly blends style and practicality, making it the heart of the home. Secure Parking The double lockup garage with internal access ensures secure parking and additional storage space. Driveway is wide and large to accommodate extra parking. Outdoor Retreat Through the glass sliding doors of the open plan livingdining and kitchen, youll find the wellsized fully tiled outdoor covered entertainment area. North Harbour Lifestyle Situated in the soughtafter North Harbour community, this home provides more than just a place to live. Enjoy the benefits of a vibrant neighbourhood with parks, walking trails, and planned amenities that elevate your lifestyle. The proposed marina will be a cornerstone of North Harbour, offering residents easy access to boating, water sports, and scenic waterfront dining. Location Highlights North Harbour is premium familyoriented community fast growing. Easy access to motorway 2 minutes Edge Early Learning Centre 2 minutes North Harbour Caf 3 minutes North Harbour Dog Park 5 minutes BITE Markets Morayfield 3 minutes Local Shopping Centre 8 minutes Morayfield East State School 9 minutes St Eugene College 8 minutes Morayfield State High School 10 minutes Burpengary Train Station 14 minutes North Lakes Shopping Centre Property Code 10928"
-
66.2%
$725K
4.4%
-
-$15,825
4.2%
3.3%
-10.9%
6.0%
Asking Price
-
Estimated Purchase Price
$850,000
Stamp Duty
$31,275
Transfer Fee
$3,047
Conveyancing
$1,665
Deposit (10%)
$85,000
Reg. Mortgage
$224
LMI Premium
$24,002
Renovation Costs
-
Total Cash/Equity Required
$145,763
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$35,360
$50,328
Property Management
+7.7% PA
$2,723
$3,875
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
$27,883
$40,250
Interest Repayments
$50,490
$50,490
Net Cashflow Before Tax
-$22,607
-$10,240
Depreciation
-
-
Tax Offset
-$6,782
-$3,072
Net Cashflow After Tax
-$15,825
-$7,168
Assumptions
Year 1
Year 10
Property Value
6.8%
$907,800
$1,641,086
Loan Balance
I.O
$765,000
$765,000
$142,800
$876,086
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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