$965K
$181,329
"Experience the ultimate in luxurious living at 51 Lord Street, Rutherglen. This stunning property offers the perfect blend of timeless elegance in the historical charming town of Rutherglen. Situated on a large halfacre block in the heart of town, with easy access to Main Street all of its amenities. Step inside to a wide open entryway that sets the tone for the spacious and inviting interiors. The home features three bedrooms, each equipped with a split system for personalised climate control, and ducted heating and evaporative air conditioning throughout. The main bathroom boasts a bath, double shower, and separate toilet, ensuring convenience and comfort for the whole family. The master suite features a walkin robe and an ensuite with a luxurious shower. The openplan kitchen and dining area is a chefs dream, equipped with a Westinghouse dishwasher, 900mm oven, gas cooktop, and a butlers pantry. The oversized garage with large roller doors and extra width includes a European laundry, offering practical and ample storage solutions. High ceilings and a warm, inviting fireplace add to the charm, while Tribeca period bricks pay homage to the historic Rutherglen region. Putting this property above all others you may be considering is the massive 24 x 9 meter shed with a studio.This space is perfect for accommodating guests or creating a versatile work area. Complete with a bedroom, ensuite and amenities with direct access to the shed with high roller doors and a large potbelly you will never want to leave the shed Additional features include a massive 15kw solar panel system, threephase power, home camera security system on the house plus the shed and three separate rainwater tanks combining for 67,000L supplying ample garden and drinking water, whilst also being connected to main water. Continuing the high end finishes outside you will also find exposed concrete in the alfresco and footpaths, manicured lawns and gardens, and a spacious alfresco area ideal for entertaining. Perfect for those seeking a resortlike lifestyle at home, this property has room for all your toys with dedicated storage options to accommodate boats, trailers, and caravans. Dont miss out on this exceptional opportunity to own a piece of Rutherglens charm with a property located a short walk to its thriving Main Street. For more details or to schedule a viewing, please contact Luke Moloney on 0447 780 999."
-
77.2%
$485K
5.3%
-$150,000
-$26,076
2.7%
2.0%
-14.6%
6.0%
Asking Price
$950,000
Estimated Purchase Price
$950,000
Stamp Duty
$52,070
Transfer Fee
$2,329
Conveyancing
$1,196
Deposit (10%)
$95,000
Reg. Mortgage
$129
LMI Premium
$27,088
Renovation Costs
-
Total Cash/Equity Required
$178,361
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$26,000
$37,006
Property Management
+7.7% PA
$2,002
$2,849
Rates
+3.0% PA
$1,554
$2,028
Water
+3.0% PA
$1,015
$1,324
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$19,179
$27,869
Interest Repayments
$56,430
$56,430
Net Cashflow Before Tax
-$37,251
-$28,561
Depreciation
-
-
Tax Offset
-$11,175
-$8,568
Net Cashflow After Tax
-$26,076
-$19,993
Assumptions
Year 1
Year 10
Property Value
6.8%
$854,400
$1,544,552
Loan Balance
I.O
$855,000
$855,000
-$600
$689,552
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2021 Population
Suburbs
Manufacturing - 22.0%
Agriculture, Forestry and Fishing - 11.0%
Health Care and Social Assistance - 10.0%
Retail Trade - 9.0%
Others - 48.0%
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