$1.35M
$256,631
Confidence
Medium
High
$1,400,000
Medium
$1,250,000
Low
$1,100,000
Confidence
Medium
"Filled with light panoramic views of the ocean this property sits proudly on Karlson Street has been a muchloved holiday home for many years. As you step into this wellbuilt residence, you will be captivated by the seamless fusion of contemporary elegance beachside charm. The openplan layout creates an inviting ambiance, accentuated by soaring ceilings an abundance of natural light. This multilevel home is set out over 3 levels providing a perfect setting for entertaining guests or enjoying quality time with loved ones. The heart of this home lies upstairs in the open plan kitchen living dining area, where in the spacious kitchen, culinary enthusiasts will find their haven, adorned with sleek countertops, lime washed cabinetry ample storage, this space will inspire creativity culinary masterpieces. Adjacent to the kitchen, the dining area offers panoramic views of the ocean, creating an unforgettable backdrop for every meal. Further to flowing on from this space is the large balcony that runs the length of the property offering a sheltered space to take in the breathtaking ocean views while enjoying a glass of wine with family friends. The spacious 3 bedrooms 2 bathrooms provide a peaceful sanctuary for relaxation rejuvenation each bedroom offering its own personal view of the ocean. Wake up to the gentle sound of waves crashing indulge in the breathtaking ocean vistas from the comfort of your own private retreat. This property has been built with comfort convenience in mind, with a wood heater for the cooler months ceiling fans for the warmer months a split system for yearround convenience. This muchloved home is perfect for a family looking to settle into a warm welcoming neighbourhood with all amenities close by Skenes Creek is wellknown for its stunning coastline, beaches, laidback vibe, as well as its vibrant community life. The facts Blue chip location on Karlson Street Exceptional ocean views 3 bedrooms with large BIRs 2 bathrooms Open plan kitchenlivingdining High ceilings Wood fire Gas heater in second living Split system Ceiling fans Spacious garage Ample offstreet parking Large balcony North facing rear deck An opportunity not to be missed, this property will provide your family with plenty of space to grow and enjoy a new coastal lifestyle."
-
80.5%
$955K
11.2%
-$145,000
-$41,399
2.2%
1.7%
-15.6%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$1,395,000
Estimated Purchase Price
$1,395,000
Stamp Duty
$76,725
Transfer Fee
$3,370
Conveyancing
$1,196
Deposit (10%)
$139,500
Reg. Mortgage
$129
LMI Premium
$43,650
Renovation Costs
-
Total Cash/Equity Required
$265,120
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$31,200
$44,407
Property Management
+7.7% PA
$2,402
$3,419
Rates
+3.0% PA
$1,811
$2,363
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
$23,722
$34,365
Interest Repayments
$82,863
$82,863
Net Cashflow Before Tax
-$59,141
-$48,498
Depreciation
-
-
Tax Offset
-$17,742
-$14,549
Net Cashflow After Tax
-$41,399
-$33,949
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,335,000
$2,413,362
Loan Balance
I.O
$1,255,500
$1,255,500
$79,500
$1,157,862
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2021 Population
Suburbs
Manufacturing - 14.0%
Health Care and Social Assistance - 13.0%
Agriculture, Forestry and Fishing - 12.0%
Retail Trade - 9.0%
Others - 52.0%
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