$1.45M
$253,588
"Beautifully elevated, sitting high above any traces of winter fog, this wonderful property offers 1.82 Ha 4.5 acres of private surrounds in a Rural Residential zone. Less than 10 minutes commute from Launcestons CBD, this supersized family home was originally constructed in 1988, with an extension in 2007 to enlarge the kitchen and living area plus the addition of an upper level, all with double glazed windows. The kitchen features quality joinery and appliances, including Macrocarpa wooden cabinetry. The expansive living spaces are the heart of the home, which capture beautiful outlooks from every angle. The use of internal bifold doors connects the living area to a glass atrium, perfect for eating and entertaining yearround. With 3 living areas, up to 6 bedrooms and 3 bathrooms the main bathroom features a spa bath. The generous laundry is super functional and completes the userfriendly floorplan. Outside, the 13 metre long pool is surrounded by a large stone paved deck and provides for much family fun. Located under the deck area are two showers, a separate toilet and the pool pump. A huge selection of fruit trees approximately 30 are located in the orchard and surrounding garden plus lots of lovely plants and bulbs. There are many deciduous trees providing stunning autumn colour. In spring, thousands of bulbs make a show beneath the trees and through the garden beds. There are over 50 roses, which add colour to the garden for a large part of the year. A large fencedin veggie plot is very productive and is linked to a huge berry cage. Close to the home is a recently constructed double garage, which includes a separate insulated storage room, perfect for storing fruit preserves from the orchard. Featuring 31 solar panels, enjoy the benefit of low power bills throughout the year. Accessible by an internal laneway sits an 18mx6m shed for additional car garaging or great size workshop, or both Minutes from St Leonards Shopping Village and quality schools, this home is warm and inviting and offers a lifestyle many of us dream of."
Below are some similar properties in the area you may be interested in.
-
86.3%
-
-
-$150,000
-$36,195
3.1%
2.5%
-13.8%
6.0%
Asking Price
$1,500,000
Estimated Purchase Price
$1,500,000
Stamp Duty
$62,685
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$150,000
Reg. Mortgage
$152
LMI Premium
$46,936
Renovation Costs
-
Total Cash/Equity Required
$262,403
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$46,800
$66,611
Property Management
+8.8% PA
$4,118
$5,862
Rates
+3.0% PA
$2,089
$2,726
Water
+3.0% PA
$950
$1,240
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$37,393
$53,848
Interest Repayments
$89,100
$89,100
Net Cashflow Before Tax
-$51,707
-$35,252
Depreciation
-
-
Tax Offset
-$15,512
-$10,576
Net Cashflow After Tax
-$36,195
-$24,676
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,441,800
$2,606,431
Loan Balance
I.O
$1,350,000
$1,350,000
$91,800
$1,256,431
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 - 18.0%
Retail Trade - 14.0%
Education and Training - 11.0%
Accommodation and Food Services - 8.0%
Others - 49.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price