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Withheld
$123,273
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$720,000
Medium
$670,000
Low
$620,000
Confidence
Not Applicable
Discover an extraordinary opportunity with Lot 60 Main North Road, Evanston South. This expansive 5.33-acre property features a massive 1000 sqm shed, versatile for commercial use, thanks to its high ceilings and robust roller doors. Fully fenced and equipped with security lights, the site promises safety and adaptability for business ventures. The internal office is modern, featuring a sleek bathroom, kitchen, and multiple rooms. Positioned on a high-exposure road, it’s perfect for retail or logistics operations. Built in 2017, its proximity to local amenities enhances its appeal.
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60.4%
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-
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Try Picki for FREE$10,000
-$31,285
-
Asking Price
-
Estimated Purchase Price
$660,000
Stamp Duty
$30,130
Transfer Fee
$6,179
Conveyancing
$1,226
Deposit (10%)
$66,000
Reg. Mortgage
$187
LMI Premium
$19,001
Renovation Costs
-
Total Cash/Equity Required
$123,273
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$1,968
$2,568
Water
+3.0% PA
$1,271
$1,658
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
-$5,489
-$7,162
Interest Repayments
$39,204
$39,204
Net Cashflow Before Tax
-$44,693
-$46,366
Depreciation
-
-
Tax Offset
-$13,408
-$13,910
Net Cashflow After Tax
-$31,285
-$32,456
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$715,560
$1,293,562
Loan Balance
I.O
$594,000
$594,000
$121,560
$699,562
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2021 Population
Suburbs
Retail Trade - 19.0%
Health Care and Social Assistance - 19.0%
Education and Training - 12.0%
Accommodation and Food Services - 10.0%
Others - 40.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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projected
for 2024 to 2026
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEMonthly % Change in Median House Prices (Prev. Quarter)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
