$695K
$118,279
"Nestled in one of Trinity Beachs most soughtafter locations, this beautifully designed residence offers both elegance and practicality. Built in 2020, it presents as new and provides an effortless lowmaintenance lifestyle, perfect for those who appreciate quality living with no extra work to do. Lightfilled, openplan living and dining space that flows seamlessly into the outdoor alfresco area, ideal for entertaining or relaxing. The home boasts a separate medialounge or potential 5th bedroom and has a top quality 2pac wellappointed kitchen featuring stainless steel appliances, gas cooking, and stone bench tops, making it the heart of the home for culinary enthusiasts. The functional layout includes four generously sized bedrooms with space between them which is ideal for the modern lifestyle. Main bedroom with walkin robe, spacious ensuite and sliding door to the alfresco area 2 linen cupboards for extra storage Tiled living areas and airconditioned rooms and living Easy care gardens with back access from the garage and side gate Double lockup garage with back door to the garden Internal laundry room with stone benchtop and direct outdoor access Ideally located close to James Cook University, prestigious schools, Bluewater Marina Bar Grill, major shopping centres, and a local boat ramp, this home combines modern living with convenience. With nothing left to do but move in, this is the perfect opportunity to experience luxury in a tranquil setting. Call Shira David Stern to book your inspection. All information contained herein is gathered from sources we believe to be reliable. This Office and its Agent provide no guarantees or undertakings concerning the accuracy, completeness, or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers must undertake their own due diligence, enquiries and assume various searches to verify the information contained herein."
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86.7%
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$50,000
-$13,005
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-11.0%
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Asking Price
$695,000
Estimated Purchase Price
$695,000
Stamp Duty
$24,300
Transfer Fee
$2,415
Conveyancing
$1,665
Deposit (10%)
$69,500
Reg. Mortgage
$224
LMI Premium
$19,625
Renovation Costs
-
Total Cash/Equity Required
$118,279
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$30,160
$42,927
Property Management
+7.7% PA
$2,322
$3,305
Rates
+3.0% PA
$1,482
$1,934
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
$22,705
$32,924
Interest Repayments
$41,283
$41,283
Net Cashflow Before Tax
-$18,578
-$8,359
Depreciation
-
-
Tax Offset
-$5,573
-$2,508
Net Cashflow After Tax
-$13,005
-$5,851
Assumptions
Year 1
Year 10
Property Value
6.8%
$795,660
$1,438,364
Loan Balance
I.O
$625,500
$625,500
$170,160
$812,864
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%
Accommodation and Food Services - 11.0%
Retail Trade - 11.0%
Education and Training - 9.0%
Others - 54.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price