$670K
$141,145
"The phone enquiry code for this property is 1014 Attention all investors and developers this opportunity is not to be missed Situated in one of Geelongs highest growth zones is this extra large property on a 802m aporox allotment. Featuring 4 goodsized bedrooms, plus a bungalow at the rear, central kitchen bathroom plus a double tandem lock up garage. Situated within walking distance to North Geelong train station, popular Pakington St shopping precinct, 510 minutes from Geelong C8D and easy aocess to the Geelong Ring Road and Princes Hwy for commuters. Take advantage of the approved plans and permits the current owner has acquired the plans include council approval to build one 4 bedroom, 3bathroom, double garage and two 3 bedroom, 3 bathroom, double garage townhousesunits 4 Bedrooms Separate Bungalow RearSide Aocess 802m Allotment Approx Central Sought After Location Reverse Cycte Air Conditioning Lock Up Garage Extra Shed Storage"
Below are some similar properties in the area you may be interested in.
Location, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
2016 Population
Suburbs
Health Care and Social Assistance - 17.0%
Retail Trade - 14.0%
Education and Training - 11.0%
Accommodation and Food Services - 8.0%
Others - 50.0%
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
-
52.4%
$585K
3.8%
-
-
-
-
-
-
Asking Price
-
Estimated Purchase Price
-
Stamp Duty
-
Transfer Fee
-
Conveyancing
-
Deposit (10%)
-
Reg. Mortgage
-
LMI Premium
-
Renovation Costs
-
Total Cash/Equity Required
-
Assumptions
Year 1
Year 10
Rent Received
+- PA
-
-
Property Management
+- PA
-
-
Rates
+- PA
-
-
Water
+- PA
-
-
Insurance
+- PA
-
-
Repairs & Maintenance
+- PA
-
-
Net Operating Income
-
-
Interest Repayments
-
-
Net Cashflow Before Tax
-
-
Depreciation
-
-
Tax Offset
-
-
Net Cashflow After Tax
-
-
Assumptions
Year 1
Year 10
Property Value
-
-
-
Loan Balance
I.O
-
-
-
-
Did you know you need to engage a conveyancer when buying a property?
Request a free contract review