$795K
$135,911
"Experience luxury living in this immaculate modern home, spanning over two levels with breathtaking views stretching from Launceston to the Tamar River. Nestled on a generous 2439 sqm block, this residence boasts a perfect blend of rural serenity and cityscape allure. Indulge your culinary passions in the designer kitchen, complete with a dishwasher and butlers pantry, while enjoying the sundrenched open plan living area. Entertain in style on the expansive northfacing deck, or retreat to the master bedroom oasis featuring a walkin wardrobe and a lavish ensuite with twin vanity and rainfall shower. Stay comfortable yearround with ducted reverse cycle air conditioning, double glazed windows and full insulation, complemented by an energyefficient heat pump hot water system. Parking is a breeze with a double length, remotecontrolled garage and plenty of offstreet space, while the lower level provides bonus room for a workshop, home gym, or storage. Dont miss the opportunity to make this stunning property your own. Key Features Near new modern home, over 2 levels with amazing views over Launceston to the Tamar River Situated on a 2439 sqm block over half acre with a rural aspect on one side city views on the other Designer kitchen, complete with dishwasher and butlers pantry Sunny open plan kitchen, dining and living room space Large, north facing deck off the living with stunning views great for entertaining Master bedroom offers a walkin wardrobe a stunning ensuite with twin vanity rainfall shower Two more double bedrooms all with built in wardrobes plus an optional 4th bedroomoffice downstairs Spacious main bathroom with a luxurious deep bath, walkin rainfall shower 3 Bathrooms in total 2 upstairs 1 down Ducted reverse cycle air conditioning, double glazed fully insulated Energy efficient Heat Pump hot water system Security camera system included Double length, remotecontrolled double garage with internal access, plenty of offstreet parking Extra space under for workshophome gymstorage Close to supermarkets, shops, schools and all city conveniences Only 8 minutes drive to Launcestons CBD 12 minutes to Launceston Airport Contact Jeremy Wilkinson for your inspection. Rental estimate Up to 750 pw House size 178 sqm Garage size 110 sqm Land size 2439 sqm over half acre Built 2021 Council Launceston City Rates 2,200 pa Zoning Low Density Residential Harcourts Launceston has no reason to doubt the accuracy of the information in this document which has been sourced from means which are considered reliable, however we cannot guarantee accuracy. Prospective purchasers are advised to carry out their own investigations. All measurements are approximate"
Below are some similar properties in the area you may be interested in.
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51.5%
$655K
4.1%
-$795,000
-$16,840
3.9%
2.9%
-12.4%
-
Asking Price
$795,000
Estimated Purchase Price
$795,000
Stamp Duty
$30,960
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$79,500
Reg. Mortgage
$152
LMI Premium
$22,668
Renovation Costs
-
Total Cash/Equity Required
$135,911
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$31,200
$44,407
Property Management
+8.8% PA
$2,746
$3,908
Rates
+3.0% PA
$2,089
$2,726
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
$23,165
$33,599
Interest Repayments
$47,223
$47,223
Net Cashflow Before Tax
-$24,058
-$13,624
Depreciation
-
-
Tax Offset
-$7,217
-$4,087
Net Cashflow After Tax
-$16,840
-$9,537
Assumptions
Year 1
Year 10
Property Value
6.8%
-
-
Loan Balance
I.O
$715,500
$715,500
-$715,500
-$715,500
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2021 Population
Suburbs
Health Care and Social Assistance - 18.0%
Retail Trade - 14.0%
Education and Training - 11.0%
Accommodation and Food Services - 8.0%
Others - 49.0%
Average Income
Average Population
projected
for 2024 to 2026
Average Vacancy Rate
Average Days of Supply