$785K
$132,441
"Ideally positioned within a private, gated community, mere minutes from the waters edge in Old Beach, sits a home that showcases the epitome of contemporary, executive living, in a highly desirable location. Set across two generous levels, the modern residence boasts numerous, sunfilled living spaces throughout each floor. The entrance level features a sumptuous family room, and the upperlevel is home to openplan living and dining space, capturing the stunning water and mountain vistas. Understated luxury is on display at every turn. Extensive double glazing, including clerestory windows, invite endless sunshine to flood the home, combining with plush carpeting and sleek dcor to create a warm and welcoming ambiance. An elegant, tiled kitchen is incorporated within the upperlevel living hub, and comes fully equipped with premium appliances, ample storage within glossy cabinetry, offset by crisp white countertops. Luxurious accommodation comprises of three generous bedrooms, each inclusive of builtin storage. The deluxe master occupies a private position on the upperlevel, and comes complete with stunning views, a walkin closet, ensuite, and access to the balcony. The home is wellserviced, with a sophisticated bathroom on the ground floor, containing a bath, shower, vanity, and a toilet, along with a powder room upstairs. The laundry area contains ample room for appliances. Entertaining family and friends is a true delight both inside and out, with allweather spaces. Upstairs, indoor living spills out to a sheltered deck, with majestic mountain and water vistas. Another covered deck offers a more intimate setting, overlooking the manicured gardens within the landscaped backyard, that contains a lawn irrigation system. Through meticulous attentiontodetail to create a home filled with highend finishes and the utmost quality throughout, coupled with stunning views, security, solar panels, and endless sun, this impeccable home in waterside Old Beach offers a superior level of comfort in a soughtafter district."
Below are some similar properties in the area you may be interested in.
-
88.6%
$580K
4.9%
-
-$14,734
4.2%
3.2%
-11.1%
6.0%
Asking Price
$785,000
Estimated Purchase Price
$775,000
Stamp Duty
$30,060
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$77,500
Reg. Mortgage
$152
LMI Premium
$22,098
Renovation Costs
-
Total Cash/Equity Required
$132,441
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$32,240
$45,888
Property Management
+8.8% PA
$2,837
$4,038
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
$24,987
$36,088
Interest Repayments
$46,035
$46,035
Net Cashflow Before Tax
-$21,048
-$9,947
Depreciation
-
-
Tax Offset
-$6,314
-$2,984
Net Cashflow After Tax
-$14,734
-$6,963
Assumptions
Year 1
Year 10
Property Value
6.8%
$827,700
$1,496,285
Loan Balance
I.O
$697,500
$697,500
$130,200
$798,785
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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