$659K
$123,014
"THE ULTIMATE ALLINONE PROPERTY BOASTING AN UNBEATABLE OFFERING FOR A QUIET LIFESTYLE WITH OVER 4.5 ACRES OF LAND, IDEAL FOR HORSES, AND A HOME DESIGNED FOR EASY LIVING AND ENTERTAINING AT ITS HEART. 705 JARRAHMOND ROAD STRIKES THE PERFECT BALANCE OF LIFESTYLE, LOCATION, AND AMENITY. This modern home, located only minutes from town, offers an exceptional lifestyle opportunity for buyers looking for a property with a few extra acres, ideal for keeping horses or livestock or simply enjoying the extra space away from neighbours. The home features an openplan layout with a stunning kitchen that will impress even the fussiest cooks, a spacious lounge with views over the landscaped front yard, and a dining area that seamlessly connects the kitchen with the impressive outdoor entertaining space. This is the perfect home for those who love hosting family gatherings or dinner parties. Key Features 4.6 Acres of Land Approximately 1.86Ha Flat, Usable Land, Fenced with a Horse Yard Modern OpenPlan Design Kitchen Dining Living Impressive Kitchen with WalkIn Pantry 5 Burner Gas Cooking Electric Oven 3 Large Bedrooms with BIRs Master Bedroom has Ensuite Main Bathroom with Shower Bath Vanity Extensive Outdoor Entertaining Decks, Outdoor Kitchen with Beer Tap Fire Pit Area 15m X 6m Shed in matching Colourbond Incorporates Carport Workshop Bungalow or Home Office Established Bore with Pump provides Water for Gardens Animals Horse Yard Stables with Tack Room Established Landscaping 705 Jarrahmond Road offers buyers a diverse and feature packed property which is only truly discoverable in person, please contact Luke Oakley for any enquiries and to arrange your private inspection at this premium address."
-
83.2%
$760K
2%
-$10,000
-$17,409
3.1%
2.2%
-14.2%
6.0%
Asking Price
$659,000
Estimated Purchase Price
$660,000
Stamp Duty
$34,670
Transfer Fee
$1,650
Conveyancing
$1,196
Deposit (10%)
$66,000
Reg. Mortgage
$129
LMI Premium
$18,819
Renovation Costs
-
Total Cash/Equity Required
$123,014
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$20,800
$29,605
Property Management
+7.7% PA
$1,602
$2,280
Rates
+3.0% PA
$1,599
$2,086
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
$14,334
$20,979
Interest Repayments
$39,204
$39,204
Net Cashflow Before Tax
-$24,870
-$18,225
Depreciation
-
-
Tax Offset
-$7,461
-$5,468
Net Cashflow After Tax
-$17,409
-$12,758
Assumptions
Year 1
Year 10
Property Value
6.8%
$694,200
$1,254,948
Loan Balance
I.O
$594,000
$594,000
$100,200
$660,948
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2021 Population
Suburbs
Health Care and Social Assistance - 16.0%
Retail Trade - 12.0%
Accommodation and Food Services - 9.0%
Agriculture, Forestry and Fishing - 9.0%
Others - 54.0%
Average Income
Average Population
projected
for 2024 to 2026
Average Days of Supply