$950K
-
"Private GetawayLifestyle Farm An extremely serene and peaceful part of Australia to relax on weekends in your very own rustic camping area, the kids will love it Set up for farming cattle and with an abundance of wildlife, this recreational retreat set on 163 acres Is fully equipped with day hut set up for camping which includes covered areas to sit back by the warm fire place and enjoy the most incredible view towards the mountains. The farm consists of perennial pastures of ryeclover 50 arable, carrying up to 25 cows and calves. Two Hot Tubs has a secure water supply through spring fed dams and is located in a high rainfall area with creek frontage that includes a beautiful waterfall and many areas to enjoy with family and friends camping, four wheel driving, bushwalking or hunting. This property offers the perfect retreat from the stresses of daily life with uninterrupted peace and privacy whilst being within 25 minutes of AlburyWodonga. Highlights include 55.55 ha freehold 137.26 acres plus 10.34 ha 25.55 acres grazing licence. Four dams and two springs Good fencing with some older fencing at the top. Excellent shelter with very good stands of native trees. Close location to AlburyWodonga. Solar power Excellent shedding for farm machinery Hay shed and workshop. Cattle yards Other smaller structures Ample water tank storage Huge supply of firewood Over 25 species of fruit trees Can be purchased Walk in Walk out with an extensive list of farm machinery. Nestled behind Mount Murramarangbong , offering the perfect solitude, Twohotubs has so many unique aspects to the property. Access is via Allans Flat or you can drive on the original Cob and Co stage coach road through Kergunyah that traversed the property. Inspections by appointment only. FOR SALE 950,000 Billy Jones 0438 454 950 Nutrien Harcourts Albury Rural In conjunction with Adam Roberts 0409 122 388 Rodwells Wodonga"
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72.2%
-
-
-$370,000
-$33,959
2.4%
1.8%
-15.1%
6.0%
Asking Price
$1,050,000
Estimated Purchase Price
$1,180,000
Stamp Duty
$64,900
Transfer Fee
$2,867
Conveyancing
$1,196
Deposit (10%)
$118,000
Reg. Mortgage
$129
LMI Premium
$36,923
Renovation Costs
-
Total Cash/Equity Required
$224,564
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
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
$21,579
$31,285
Interest Repayments
$70,092
$70,092
Net Cashflow Before Tax
-$48,513
-$38,807
Depreciation
-
-
Tax Offset
-$14,554
-$11,642
Net Cashflow After Tax
-$33,959
-$27,165
Assumptions
Year 1
Year 10
Property Value
6.8%
$865,080
$1,563,859
Loan Balance
I.O
$1,062,000
$1,062,000
-$196,920
$501,859
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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