Withheld
$75,265
"Presenting an incredibly rare opportunity, this fivebedroom beach home has been meticulously crafted by awardwinning architect Carlo Amerio. Commanding panoramic Coral Sea views from its elevated beachfront position, this trilevel property includes a private lift and glamorous swimming pool looking over the beach, inviting you to escape to paradise. Recently built, FIRB approved and ready to be enjoyed, the residence is surrounded by lush greenery dotted with towering palms. This magnificent setting creates a wonderfully exclusive feeling and a tranquil atmosphere. Showcasing highend finishes and sophisticated design details, the home has multiple living and entertainment areas across three spacious levels. There is also a dedicated office and an immaculate modern kitchen displaying stone accents, quality appliances and sleek cabinetry. Capturing spellbinding ocean views and refreshing breezes, numerous balconies provide a brilliant vantage point for admiring the vista. On the ground level, an outdoor entertainment area benefits from a glassframed inground swimming pool with an infinity edge and a mesmerising outlook. Also looking out to the water, an ensuited master suite is on third level. Another four ensuited bedrooms are spread across the three levels, ensuring privacy. Complete with custom joinery and plenty of fullheight glass, the property also features Italian marble and ceramictiled floors. Warm stone and timber details are also found throughout. Other notable details include secure parking for three cars, a home automation system, ducted airconditioning and ceiling fans. Metres from Trinity Beachs golden sands and shaded by majestic Earl Hill, this incomparable residence is close to a slew of restaurants, cafes and boutiques. Do not miss this rare opportunity call to arrange an inspection today. Disclaimer This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes. Disclaimer We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement."
-
65.8%
-
-
$45,000
-$5,870
5.9%
4.7%
-5.0%
6.0%
Asking Price
-
Estimated Purchase Price
$685,000
Stamp Duty
$23,850
Transfer Fee
$2,373
Conveyancing
$1,665
Deposit (10%)
$68,500
Reg. Mortgage
$224
LMI Premium
$19,343
Renovation Costs
-
Total Cash/Equity Required
$116,505
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$40,560
$57,730
Property Management
+7.7% PA
$3,123
$4,445
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
$32,304
$46,587
Interest Repayments
$40,689
$40,689
Net Cashflow Before Tax
-$8,385
$5,898
Depreciation
-
-
Tax Offset
-$2,516
$1,769
Net Cashflow After Tax
-$5,870
$4,129
Assumptions
Year 1
Year 10
Property Value
6.8%
$779,640
$1,409,404
Loan Balance
I.O
$616,500
$616,500
$163,140
$792,904
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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