$845K
$158,322
"Introducing a captivating listing in the highly coveted Soldiers Hill neighbourhood This recently restored and renovated 1955 home epitomizes the essence of city living at its finest. Boasting an in enviable location within walking distance of the bustling CBD and convenient train station, residents enjoy seamless access to an array of amenities including shops, cafes, parks, and schools. As you step into this tranquil abode, you become part of its rich history, where renowned author and wellness expert Gregory Landsman penned his bestselling book, Stop Stress Fast. The interior has been thoughtfully revitalized, featuring a natural colour palette complemented by rustic Linseed Oiled timber flooring and rendered concrete accents. Comprising four generously sized bedrooms or three plus a formal lounge, this property accommodates families with ease. The master bedroom, located at the rear, boasts builtin bookshelves and an ensuite with shower, toilet, and a stylish concrete rendered vanity. From here, you can enjoy views of the serene garden oasis nestled in the heart of the city. The additional bedrooms, flooded with natural light, exude warmth and space with their timber floors. Enter the expansive living, dining, and kitchen area through the wide inviting entry hall, and youll find yourself in a Zenlike sanctuary. Central gas heating ensures comfort throughout the home, while the original fireplace in the living room adds character. The barstyle kitchen features an electric ceramic cooktop, electric oven, and a convenient walkin pantry with builtin shelving. The second bathroom, adjacent to the entry hall, offers a bath, shower, and a sleek rendered concrete vanity with wall splashbacks. Nearby amenities include a separate toilet, linen cupboards, vacuum storage, and a laundry complete with a stainlesssteel sink and timber bench. Step outside to discover a sprawling oasis of established trees and bluestone garden bed. Two adjoining garden sheds provide ample storage for bikes and garden equipment. The charming deck area at the rear offers a perfect spot to unwind and soak in the breathtaking garden views, inviting you to stop stress fast. Additionally, the property features a workshopstorage area beneath the house, complete with power supply. Approaching the residence, youre greeted by a picturesque picket fence and a twocar carport with space for three more vehicles along the driveway. The front gardens and undercover porch offer a secure entry to the home. With its exceptional charm and modern comforts seamlessly intertwined with historical allure, this property presents endless opportunities. Situated on a generous allotment of approximately 975m in the heart of Soldiers Hill, this is an opportunity not to be missed. Secure your own urban oasis today This information has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly, all interested parties should make their own inquiries to verify the information."
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1.5%
62.1%
-
-
-$295,000
-$23,616
2.8%
1.9%
-14.9%
6.0%
Asking Price
$845,000
Estimated Purchase Price
$845,000
Stamp Duty
$45,770
Transfer Fee
$2,083
Conveyancing
$1,196
Deposit (10%)
$84,500
Reg. Mortgage
$129
LMI Premium
$24,094
Renovation Costs
-
Total Cash/Equity Required
$158,322
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
Rates
+3.0% PA
$1,877
$2,449
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
$16,456
$24,032
Interest Repayments
$50,193
$50,193
Net Cashflow Before Tax
-$33,737
-$26,161
Depreciation
-
-
Tax Offset
-$10,121
-$7,848
Net Cashflow After Tax
-$23,616
-$18,313
Assumptions
Year 1
Year 10
Property Value
6.8%
$587,400
$1,061,879
Loan Balance
I.O
$760,500
$760,500
-$173,100
$301,379
Did you know you need to engage a conveyancer when buying a property?
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2021 Population
Suburbs
Health Care and Social Assistance - 19.0%
Retail Trade - 12.0%
Education and Training - 11.0%
Manufacturing - 9.0%
Others - 49.0%
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