$510K
$95,547
"This charming 3 bedroom, 1 bathroom house is the perfect place to call home. Situated in a serene rural area, this property provides a tranquil escape from the hustle and bustle of city life. Enjoy the beautiful views of the surrounding nature and the nearby River Tamar coastline. Built in 1965, and the former site of Darby Norris Estate this home has been lovingly maintained and features a cozy living room, dining, and ample kitchen. With 3 bedrooms and 1 bathroom plus additional study area the family has room to move inside and out. Outside, youll find a fully fenced backyard with plenty of room for outdoor activities, as well as 3 paddocks for horses and hobby farming, bore with pump, dual gated entry from New Road and separate entry from Ferguson Street. 14 New Road is conveniently located a short 150m walk to the waters edge of the River Tamar, a 5 minute drive to Greens Beach, 13 minutes to Beaconsfield, 40 minutes to George Town and 50 minutes to Launceston. Whether you are looking for your new home, investment for long term rental or opportunity to redevelop STCA, you wont want to miss the opportunity to own a piece of paradise in Kelso. With a price guide of Offers over 510,000, this property wont last long. Contact us today to schedule a viewing 3 bedrooms 1 bathroom Officestudy Open plan lounge dining Spacious kitchen Solar panels Fenced backyard Dual access gated entrance from New Road Additional driveway access from Ferguson Street Large 10x10m shed with water tanks Home is serviced by septic tank and water tanks Currently tenanted"
Below are some similar properties in the area you may be interested in.
-
81.9%
$588K
3.4%
$245,000
-$7,951
5.2%
3.9%
-8.8%
6.0%
Asking Price
$510,000
Estimated Purchase Price
$550,000
Stamp Duty
$20,373
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$55,000
Reg. Mortgage
$152
LMI Premium
$12,158
Renovation Costs
-
Total Cash/Equity Required
$90,313
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+8.8% PA
$2,517
$3,582
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
$21,311
$30,898
Interest Repayments
$32,670
$32,670
Net Cashflow Before Tax
-$11,359
-$1,772
Depreciation
-
-
Tax Offset
-$3,408
-$532
Net Cashflow After Tax
-$7,951
-$1,240
Assumptions
Year 1
Year 10
Property Value
6.8%
$849,060
$1,534,898
Loan Balance
I.O
$495,000
$495,000
$354,060
$1,039,898
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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
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price