$680K
$126,831
"This just ticks all the boxes for anyone looking for that coastal change. A huge renovated two storey, fourbedroom, twobathroom house, with a massive powered shed, stunning outdoor living area, 2 balconies, all on a large 2,038 m2 private block and within walking distance to the sensational Ninety Mile Beach This outstanding coastal property with endless highlights includes Downstairs 3 generous sized robed bedrooms modern kitchen with new splashback, oversize oven and sizeable walk in pantry excellent central bathroompowder room area with 2 vanities big loungetheatre room and dining room area with wood heater and split system air conditioner. Upstairs Master bedroom boasting a walkin robe and ensuite with private balcony that enjoys foreshore views massive entertainers rumpus room also with its own timber decked balcony. Outside you will be knocked for six with a massive 7m x 12m powered workshop with concrete floor and two roller doors and plenty of room for the boat, caravan or jet skis, a stunning restored outdoor living area with a fantastic outdoor shower with hot and cold water, 2 large poly water storage tanks, solar panel system and all fully fenced within this massive secure yard. Recent renovation works include 2 new split systems, kitchen splashback, LEDs and light fittings, daynight blinds, security screen doors, window locks, surround sound speaker system, fresh internal paint to ground level, electrical box upgrade to shed, and 2 gravel driveways This magnificent family home is perfectly positioned so close to the picturesque Ninety Mile Beach and only a 2 minute drive to the Seaspray Township, General Store and Surf Life Saving Club. There is something for everyone here. If you are looking for that coastal lifestyle with plenty of room to move, then this is for you. The property is selling FULLY FURNISHED"
Below are some similar properties in the area you may be interested in.
-
87.4%
$520K
4%
-$20,000
-$11,588
4.6%
3.5%
-9.1%
6.0%
Asking Price
$679,500
Estimated Purchase Price
$680,000
Stamp Duty
$35,870
Transfer Fee
$1,697
Conveyancing
$1,196
Deposit (10%)
$68,000
Reg. Mortgage
$129
LMI Premium
$19,389
Renovation Costs
-
Total Cash/Equity Required
$126,831
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
$1,695
$2,212
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
$23,838
$34,516
Interest Repayments
$40,392
$40,392
Net Cashflow Before Tax
-$16,554
-$5,876
Depreciation
-
-
Tax Offset
-$4,966
-$1,763
Net Cashflow After Tax
-$11,588
-$4,113
Assumptions
Year 1
Year 10
Property Value
6.8%
$704,880
$1,274,255
Loan Balance
I.O
$612,000
$612,000
$92,880
$662,255
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewLocation, 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.
2021 Population
Suburbs
Agriculture, Forestry and Fishing - 14.0%
Health Care and Social Assistance - 12.0%
Retail Trade - 10.0%
Construction - 10.0%
Others - 54.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price