$1.6M
$302,624
"Wake up each day in a home that epitomises contemporary elegance, with every window framing breathtaking views of lush greenery. This visually stunning 3 bedroom residence with potential to add a fourth bedroom by converting the retreat is nestled on a generous halfacre and is designed to embrace the Winter sun and provide refreshing shade in Summer. Each bedroom exudes comfort and sophistication, featuring electric heaters and ceiling fans for yearround comfort. The large master suite flaunts an ensuite and a dressing room and both bathrooms in the home feature underfloor heating and heated towel rails. All bedrooms offer sheer drapes and blinds, allowing you to control light and privacy. Throughout the home, all windows and doors are double glazed and with both a slow combustion wood fire and reversecycle air conditioning you are ensured a perfect climate year round. Solid NSW Spotted Gum floors add warmth and guide you through a space that combines highspec finishes with thoughtful design. The naturally lit openplan living area is enhanced by automated highlight windows and doubleglazed doors that open onto a large wraparound deck featuring both electricity and gas connections. Enjoy your morning coffee with valley views, shaded by fitted blinds and protected by marinegrade safety wires. The heart of the home is a highend kitchen featuring a sixburner Smeg pyrolytic oven, an integrated Bosch dishwasher and a Blackbutt island bench that inspires culinary creativity. The versatile configuration of the downstairs lounge space offers potential for AirBnB type accommodation, with provisions for a kitchenette and laundry. Outside, landscaped gardens showcase terraced beds of native ornamentals and fruit trees like avocado and kiwi berry. The 5Kw solar power system, 15,000litre water tank, aerated wastewater treatment and doubleglazed greenhouse promote sustainability while enhancing your living experience. The large vegetable cage and wicking beds ensure living a sustainable lifestyle is made easy. The large workshop space, complete with electricity and both hot and cold water, complete the outdoor space. Completing this remarkable property are two driveways, ample parking, a large twocar garage and a fully fenced yard. Welcome home"
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71.9%
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-$140,000
-$49,626
2.0%
1.5%
-16.4%
6.0%
Asking Price
$1,595,000
Estimated Purchase Price
$1,595,000
Stamp Duty
$87,725
Transfer Fee
$3,616
Conveyancing
$1,196
Deposit (10%)
$159,500
Reg. Mortgage
$129
LMI Premium
$49,908
Renovation Costs
-
Total Cash/Equity Required
$302,624
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
$1,684
$2,197
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
$23,849
$34,531
Interest Repayments
$94,743
$94,743
Net Cashflow Before Tax
-$70,894
-$60,212
Depreciation
-
-
Tax Offset
-$21,268
-$18,064
Net Cashflow After Tax
-$49,626
-$42,149
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,553,940
$2,809,154
Loan Balance
I.O
$1,435,500
$1,435,500
$118,440
$1,373,654
Did you know you need to engage a conveyancer when buying a property?
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2021 Population
Suburbs
Accommodation and Food Services - 14.0%
Retail Trade - 11.0%
Health Care and Social Assistance - 11.0%
Manufacturing - 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