$1.05M
$177,554
"Welcome to this meticulously crafted twostory, fourbedroom, twobathroom family home, a true embodiment of timeless elegance. This truly is an opportunity not to be missed for those seeking an aspirational lifestyle that combines sophistication, tranquillity, and stunning natural beauty. Entering the property, you are immediately immersed within the meticulous garden that can only be described as designer. The home itself is set back from the road which delivers privacy without taking away from its grandeur street presence. As you make your way down the sweeping pathway you arrive at the covered porchway where the true attraction begins. As you open the front door your soul will come alive and your mind will say wow The sitting room is a cozy and relaxing retreat, designed to offer both comfort and style. Central to this room is a featured electric fireplace, with a solid timber mantel, which not only provides a warm and inviting glow but also serves as a contemporary focal point. This space travels through to the formal dining room which stands out as a sophisticated space for entertaining, with ample room to host dinner parties or holiday gatherings. Imagine having all your loved ones here, spending quality time together and having the most picturesque water views as the backdrop. The exquisite kitchen seamlessly integrates with an open plan living and dining area, creating a harmonious space perfect for both entertaining and everyday living. The kitchen features a breakfast bar, providing a stylish and functional spot for casual meals or quick coffee breaks. The sleek design is enhanced by premium finishes, including highquality cabinetry, dual ovens, and stone bench tops that complement the spaces contemporary appeal. Flowing effortlessly from the kitchen is the expansive open plan living and dining area, where large windows and glass doors frame breathtaking water views, infusing the space with natural light and a sense of peacefulness. The Tas Oak floorboards, with their rich, warm tones, extend throughout the area, adding elegance. This inviting living space leads directly to a covered timber patio, offering a seamless transition between indoor and outdoor living. This space is an ideal setting for alfresco dining, relaxation, or simply enjoying the scenic views. Escape to the first floor where you will find the primary bedroom suite, which is a spacious sanctuary designed for ultimate relaxation and comfort. This generously sized retreat features expansive windows that showcase the beautiful waterviews. The ensuite is completed with highend fittings, including a heated towel rail, and gorgeous plantation shutters. Adjacent to the ensuite is a walkin robe that provides ample storage for all the shopaholics. With its blend of breathtaking views, sophisticated design, and practical amenities, this primary bedroom suite is a true parents haven. Three other bedrooms are also on this level, two with builtin robes. These rooms are serviced by the main bathroom that exudes elegance and functionality. The backtowall bath serves as a stunning centrepiece and is perfect for unwinding after a long day. The space is thoughtfully designed with plantation shutters that allow for adjustable natural light and privacy, enhancing the serene atmosphere. A sleek stone top vanity offers a touch of luxury, complemented by highquality fixtures and storage. Additionally, the inclusion of a separate powder room adds convenience for guests and family alike. Surrounding the home is meticulously manicured landscaping, a testament to the care and attention devoted to maintaining the propertys exterior. Lush green lawns, vibrant flower beds, and neatly trimmed hedges create a visually stunning and wellorganized garden space that enhances the homes appeal. Now comes the time where you contact us to book a private viewing, as we ran out of space to include all of what this home has to offer. LJ Hooker Pinnacle is humbled to bring this spectacular property to market and we look forward to introducing you to 66 Morrisby Road, Old Beach. The information contained herein has been supplied to us and we have no reason to doubt its accuracy, however, cannot guarantee it. Accordingly, all interested parties should make their own enquiries to verify this information."
Location, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
2021 Population
Suburbs
Transport, Postal and Warehousing - 16.0%
Education and Training - 12.0%
Construction - 11.0%
Retail Trade - 10.0%
Others - 51.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price
Below are some similar properties in the area you may be interested in.
-
85%
$714K
4.1%
$10,000
-$19,113
4.1%
3.3%
-10.7%
6.0%
Asking Price
$1,050,000
Estimated Purchase Price
$1,040,000
Stamp Duty
$41,985
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$104,000
Reg. Mortgage
$152
LMI Premium
$29,654
Renovation Costs
-
Total Cash/Equity Required
$178,422
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$42,640
$60,690
Property Management
+8.8% PA
$3,752
$5,341
Rates
+3.0% PA
$1,216
$1,587
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
$34,472
$49,587
Interest Repayments
$61,776
$61,776
Net Cashflow Before Tax
-$27,304
-$12,189
Depreciation
-
-
Tax Offset
-$8,191
-$3,657
Net Cashflow After Tax
-$19,113
-$8,532
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,121,400
$2,027,224
Loan Balance
I.O
$936,000
$936,000
$185,400
$1,091,224
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