Withheld
$108,374
"Offering direct access to a beautiful pristine and sandy beach via a small nature reserve, this 2285sqm residential block on Bruny Island offers the unique opportunity to secure the privacy of a beach only accessible by boat, or the neighbouring properties. Perfect for swimming, kayaking or boating, you can cross the channel with ease in your tinny to Kettering Marina, or Hobart. This piece of Tasmanian paradise offers excellent fishing, you can literally pick oysters and mussels from the front of the property. One of two adjoining parcels available, access can be established via a driveway on the eastern side, on which there is an existing right of way, here a gate can easily be installed. The blocks gently sloping elevation maximises mesmerizing views across DEntrecasteaux Channel towards Coningham and Snug. This water vista is framed by superb mountains beyond and feature the iconic kunanyi Mt.Wellington in the distance. The remarkably serene titles present the opportunity to enjoy spectacular coastline, numerous native marsupials and the abundance of birdlife. This perfect lifestyle, or holidaying destination is set amongst natural bushland with a vast variety of floras and faunas, showcasing impressive austral grass trees Xanthorrhoea australis. Where else in the world can you aspire to have a waterfront reserve residential block with not only magic channel and mountain views, but direct access to a sandy and private beach Bruny Island has developed a welldeserved international reputation for its stunning scenery, burgeoning foodie culture and access to artisan produce. Only a fiveminute drive is the seaside village of Dennes Point and the popular Jetty Caf and restaurant. Here also, is the boat ramp, jetty and Nebraska Beach offering endless coastal activities. This parcel is approx. an hour driving time from Hobart city with the scenic and very enjoyable 10minute ferry trip from Roberts Point. The extremely efficient ferry service departs every 20mins, making this a great spot to holiday or call home Bruny Island is the ultimate wilderness wonderland and this unique lifestyle, or special place of leisure, awaits you. Contact Laureen Wood, also an island resident. Disclaimer All information contained herein is gathered from sources we believe to be reliable. However we cannot guarantee its accuracy and interested persons should rely on their own enquiries."
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-$60,000
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4.3%
2.9%
-12.9%
6.0%
Asking Price
$450,000
Estimated Purchase Price
$485,000
Stamp Duty
$17,610
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$48,500
Reg. Mortgage
$152
LMI Premium
$10,722
Renovation Costs
-
Total Cash/Equity Required
$79,614
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$20,800
$29,605
Property Management
+8.8% PA
$1,830
$2,605
Rates
+3.0% PA
$1,651
$2,154
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
$14,119
$20,670
Interest Repayments
$28,809
$28,809
Net Cashflow Before Tax
-$14,690
-$8,139
Depreciation
-
-
Tax Offset
-$4,407
-$2,442
Net Cashflow After Tax
-$10,283
-$5,697
Assumptions
Year 1
Year 10
Property Value
6.8%
$453,900
$820,543
Loan Balance
I.O
$436,500
$436,500
$17,400
$384,043
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2021 Population
Suburbs
Retail Trade - 14.0%
Education and Training - 13.0%
Construction - 11.0%
Health Care and Social Assistance - 11.0%
Others - 51.0%
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