$870K
$172,636
"Private inspections welcome This exceptional doublestorey brick home is a cut above the rest, located in a tranquil neighbourhood just a fiveminute walk from the water and surrounded by quality properties with no rear neighbours. The residence offers a freeflowing floor plan and multiple spacious living areas, all within walking distance to the Curlewis shopping precinct, local primary schools, public transport, and the bay. As you step inside, youre greeted by a wide entryway leading to a streetfacing study. The ground floor features a powder room, a laundry with garden access, and internal garage entry, providing ample storage. The heart of the home is an openplan living area that includes a custom galleystyle kitchen, complete with waterfall stone benchtops, a stainless steel dishwasher, a 900mm freestanding oven, and plenty of pantry and cupboard space. The kitchen overlooks the main living and dining areas, with an additional space that can serve as a home theatre or rumpus room, seamlessly opening onto the alfresco. Upstairs, a third living area with balcony access offers a perfect retreat. The luxurious master suite boasts a walkin robe, an oversized ensuite with a double stone vanity, a separate toilet, and a large shower. Bedrooms 2, 3, and 4 are generously sized, each with builtin robes. The main bathroom includes a tiledin bath, shower, stone vanity, separate toilet, and linen press, completing the upper level. The outdoor alfresco area is designed for effortless entertaining, featuring a ceiling fan and LED lights, with plenty of space for children and pets to enjoy. The backyard also includes a spa for ultimate relaxation and a cubby house for the kids. High gates provide excellent security and privacy, with a second crossover and wide side access through double gates, offering additional space for boats, caravans, and extra vehicles. Key features of this home include ducted heating throughout both levels, three split system coolingheating units, an alarm system, security doors, custom light fittings, stone benchtops throughout, and a double lockup garage with remote access and a balcony. Disclaimer Information contained on any marketing material, website or other portal should not be relied upon. You should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property."
-
-
-
-
-$200,000
-$24,879
2.7%
1.9%
-15.1%
6.0%
Asking Price
$870,000
Estimated Purchase Price
$880,000
Stamp Duty
$47,870
Transfer Fee
$2,165
Conveyancing
$1,196
Deposit (10%)
$88,000
Reg. Mortgage
$129
LMI Premium
$25,092
Renovation Costs
-
Total Cash/Equity Required
$165,001
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
Rates
+3.0% PA
$1,603
$2,092
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
$16,730
$24,389
Interest Repayments
$52,272
$52,272
Net Cashflow Before Tax
-$35,542
-$27,883
Depreciation
-
-
Tax Offset
-$10,663
-$8,365
Net Cashflow After Tax
-$24,879
-$19,518
Assumptions
Year 1
Year 10
Property Value
6.8%
$726,240
$1,312,869
Loan Balance
I.O
$792,000
$792,000
-$65,760
$520,869
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