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$900K
$135,043
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$810,000
Medium
$720,000
Low
$630,000
Confidence
Medium
Discover a unique opportunity at 1760 Greens Beach Road, offering over 2 kilometers of pristine beach walks next to the ocean. This property seamlessly combines lifestyle and income with an established freehold business—comprising a supermarket, newsagency, takeaway food outlet, and fuel provision—together with a 3-bedroom home. The business, efficiently operated for over 17 years, serves a diverse clientele including permanent residents and holidaymakers. The residence features a spacious ocean-view kitchen, combined lounge-dining area, and ample parking for over 4 vehicles. Embrace this rare chance to own a property that combines home and income.
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81.9%
$473K
4.8%
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Try Picki for FREE-$70,000
-$21,250
3.0%
Asking Price
$900,000
Estimated Purchase Price
$790,000
Stamp Duty
$30,735
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$79,000
Reg. Mortgage
$152
LMI Premium
$22,526
Renovation Costs
-
Total Cash/Equity Required
$135,043
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+8.8% PA
$2,059
$2,931
Rates
+3.0% PA
$1,572
$2,051
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
$16,569
$24,148
Interest Repayments
$46,926
$46,926
Net Cashflow Before Tax
-$30,357
-$22,778
Depreciation
-
-
Tax Offset
-$9,107
-$6,833
Net Cashflow After Tax
-$21,250
-$15,944
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Year 1
Year 10
Property Value
6.8%
$768,960
$1,390,097
Loan Balance
I.O
$711,000
$711,000
$57,960
$679,097
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2021 Population
Suburbs
Education and Training - 14.0%
Retail Trade - 12.0%
Health Care and Social Assistance - 12.0%
Construction - 9.0%
Others - 53.0%
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
