$895K
$137,646
Confidence
High
High
$930,000
Medium
$895,000
Low
$850,000
Confidence
High
"Welcome to this exceptional family home in Grantons soughtafter waterfront precinct. Situated on a spacious corner block, this beautifully designed property is an entertainers dream, offering expansive living spaces and breathtaking views of the River Derwent. As you enter through the automatic gates, youll find a low maintenance front yard with ample space for multiple vehicles, a caravan, or a boat, ensuring both convenience and privacy. Inside, the formal entrance leads you into an inviting open plan layout, bathed in natural light. The lounge seamlessly flows into the dining area and kitchen, where generous bench space, abundant storage, and quality appliances make it ideal for family living and entertaining. With double glazed windows throughout, and the choice of reversecycle heating and cooling or the warmth of a cozy wood heater, comfort is guaranteed year round. Step through the sliding doors onto the sundeck, the perfect spot for family BBQs or simply unwinding while taking in the stunning river views. The master bedroom serves as a spacious retreat, featuring large bay windows, a walkin robe, and a private ensuite. Two additional bedrooms come with builtin robes, while a potential fourth bedroom or second living area offers flexibility for larger families or those needing extra space. The main bathroom is generously sized, complete with a corner spa bath, separate shower, and a separate toilet. A standout feature of this home is the large insulated garage, equipped with a shower, toilet, wood heater, and bar, making it ideal as a private retreat, additional living space, or an entertainers haven. Additional storage space and a workshop beneath the home add extra versatility for hobbyists or those in need of functional work areas. This Granton gem is not to be missed. Contact Nathan Free today to arrange your inspection"
2.9%
86.1%
$760K
4.2%
$65,000
-$16,462
4.1%
3.1%
-11.6%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$895,000
Estimated Purchase Price
$830,000
Stamp Duty
$32,535
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$83,000
Reg. Mortgage
$152
LMI Premium
$23,666
Renovation Costs
-
Total Cash/Equity Required
$141,984
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$33,800
$48,108
Property Management
+8.8% PA
$2,974
$4,233
Rates
+3.0% PA
$1,841
$2,402
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
$25,785
$37,297
Interest Repayments
$49,302
$49,302
Net Cashflow Before Tax
-$23,517
-$12,005
Depreciation
-
-
Tax Offset
-$7,055
-$3,601
Net Cashflow After Tax
-$16,462
-$8,403
Assumptions
Year 1
Year 10
Property Value
6.8%
$955,860
$1,727,967
Loan Balance
I.O
$747,000
$747,000
$208,860
$980,967
Below are some similar properties in the area you may be interested in.
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
Manufacturing - 14.0%
Retail Trade - 13.0%
Health Care and Social Assistance - 12.0%
Construction - 9.0%
Others - 52.0%
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