$1.18M
$190,447
"ELEGANT DISPLAY HOME STUNNING LAKE VIEWS FROM A PREMIER LAKEFRONT LOCATION SUPERB ENTERTAINING ENVIRONMENT THIS IS A CUT ABOVE THE REST DONT BUY JUST ANY OLD HOME FOR ANY OLD PRICE BEFORE AN INSPECTION HERE SERIOUS HOMEBUYERS LOOKING TO SECURE REAL VALUE FOR MONEY ARE MOST WELCOME 1,000 PER WEEK INCOME DEVELOPER INSTRUCTS THIS HOME MUST BE SOLD Its a tough job in todays real estate market finding a stylish, near new 4bedroom, 2.5 bathroom, family friendly home, enhanced by a choice of relaxation and casual zones. But it is well near impossible to find one at such a COMPETITIVE PRICE in an upmarket, peaceful lakeside estate such as Lawnton Lakes. Here is the perfect place to call home. The home offers Significant upgrades befitting a premium display home 1,000 per week rental return Thoughtfully designed family living with plenty of space to create lifelong memories A sleek and functional upmarket kitchen offering all modern conveniences and quality fittings Open plan living with welcoming lounge, dining and family room areas Family friendly backyard and outdoor area is perfect for hosting gettogethers An inviting entry foyer and L shaped staircase which delivers you to the ultimate level of relaxation with four generous bedrooms, bathroom, ensuite, and bonus of an additional loungeactivity room The lucky occupants of the master bedroom will love waking up to exquisite lakeside views from their private balcony every morning. An extralarge walkin wardrobe and dream ensuite further enhance the feeling of luxury The perfect position with the home being situated in the highly sought after Lawnton Lakes estate and just 22km from Brisbane CBD, this prized location offers city convenience, along with the freedom and charm of country living Convenience being in close proximity to large shopping centres, stores, restaurants, cafes, parks, medical centres, hospitals, schools and a USC tertiary campus The good news is whether you are an owner occupier, investor, young family or downsizer this home will surely delight you. So if you are looking to secure a foothold in this current lucrative real estate market, may we suggest you act quickly. Do not hesitate or you will most certainly miss out. Call Lawnton Lakes Sales Office on 0488 557 759. Disclaimer All information relating to the property described is gathered from sources we believe to be reliable. However, we cannot guarantee or warrant its accuracy. You should make your own enquiries, consult relevant advisors and satisfy yourself about its integrity."
-
39.3%
$400K
6.8%
-$375,000
-$31,211
2.6%
1.9%
-15.8%
6.0%
Asking Price
$1,175,000
Estimated Purchase Price
$1,115,000
Stamp Duty
$44,638
Transfer Fee
$4,185
Conveyancing
$1,665
Deposit (10%)
$111,500
Reg. Mortgage
$224
LMI Premium
$34,551
Renovation Costs
-
Total Cash/Equity Required
$197,312
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
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
$21,644
$31,369
Interest Repayments
$66,231
$66,231
Net Cashflow Before Tax
-$44,587
-$34,862
Depreciation
-
-
Tax Offset
-$13,376
-$10,458
Net Cashflow After Tax
-$31,211
-$24,403
Assumptions
Year 1
Year 10
Property Value
6.8%
$790,320
$1,428,711
Loan Balance
I.O
$1,003,500
$1,003,500
-$213,180
$425,211
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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