$650K
$104,098
Confidence
Medium
High
$165,000
Medium
$145,000
Low
$125,000
Confidence
Medium
"Thats right Walk in walk out or whatever it is called in todays world it does not get any easier than this Welcome to 142 Tam OShanter Road in the beautiful Lulworth area. This 3 bedroom, 1 bathroom, charming 2 story home is the perfect family shackhome. With an openplan layout and a second living area. The property also offers a spacious garage for 2 cars and open parking spaces for at least 6 more vehicles, there is plenty of room for all your needs. The home has all the modcons, with the furniture staying. The garage has a boat, a 4 wheeler motorbike with accessories, and a rideon lawn mower all staying and the Vendors are even leaving the fishing rods The rumpus room has wood heating, and an undercover BBQ area with its own standalone toilet so no trips inside missing the party. Situated on a generous 1.09hectare approx. block of land, this property provides ample space for outdoor activities and enjoying the countryside. The house was constructed in 1991 and has been fantastically maintained over the years. Ideally located close to the beach, this property offers a serene escape from the hustle and bustle of city life. The peaceful coastalcountryside setting allows you to enjoy the beauty of nature at its finest, while still being only a short drive away from the conveniences of George Town and Launceston. Located only 50 minutes drive to Launceston and with all the conveniences of George Town only 30 minutes away, Lulworth is the perfect tranquil retreat and getaway destination. It is made up of a mixture of permanent dwellings as well as holiday homes and is a popular destination over the summer holiday period for locals and tourists alike. Recreational activities include fishing, swimming, surfing various other water sports. There is a boat ramp just down the road and the ninehole golf course of Tam O Shanter Golf Club is close by. Dont miss out on this incredible opportunity to own a piece of paradise in Lulworth. The price guide for this property is Offers Over 650,000. Contact us today to arrange a viewing. Harcourts East Tamar has no reason to doubt the accuracy of the information in this document which has been sourced from means that are considered reliable, however, we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations."
-
86.5%
$600K
3%
-$465,000
-$17,303
3.0%
1.9%
-16.6%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$650,000
Estimated Purchase Price
$610,000
Stamp Duty
$22,923
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$61,000
Reg. Mortgage
$152
LMI Premium
$17,393
Renovation Costs
-
Total Cash/Equity Required
$104,098
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$18,200
$25,904
Property Management
+8.8% PA
$1,602
$2,280
Rates
+3.0% PA
$1,883
$2,457
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
$11,515
$16,993
Interest Repayments
$36,234
$36,234
Net Cashflow Before Tax
-$24,719
-$19,241
Depreciation
-
-
Tax Offset
-$7,416
-$5,772
Net Cashflow After Tax
-$17,303
-$13,469
Assumptions
Year 1
Year 10
Property Value
6.8%
$154,860
$279,950
Loan Balance
I.O
$549,000
$549,000
-$394,140
-$269,050
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2021 Population
Suburbs
Manufacturing - 39.0%
Education and Training - 7.0%
Transport, Postal and Warehousing - 6.0%
Agriculture, Forestry and Fishing - 6.0%
Others - 42.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price