Withheld
$140,488
"UNDER OFFER BY LAURI CURTAIN EMMA ORCHARD OF CCO REAL ESTATE Positioned behind a blue picket fence lies an enchanting and versatile 1950s cottage. Discover the versatility of this charming home embracing modern updates, it offers either multiple living spaces or extra bedrooms that can be tailored to suit diverse lifestyles. Step inside to jarrah floorboards throughout, a front living room complete with a fireplace, perfect for unwinding on chilly evenings. The main bedroom overlooks the established trees, while the second and third bedrooms soak in the northern natural light. In the centre of the home is the updated bathroom with toilet, and a decorative sink shower. The open plan dining room with skylight overlooking the galley style kitchen offering a gas cooktop and double dishwasher. To the rear of the home is the spacious sleepout versatile as a 4th bedroom or office retreat with an airconditioner for added comfort. Leading from the rear sunroom through the laundry and 2nd wc is a versatile studio room or 5th bedroom, boasting a gable roof and creative mosaic floor that sparks creativity with every step. The expansive outdoor undercover patio with its curved roof, gives shade for outdoor entertaining. Whilst the sprawling garden complete with a large shed and gas pottery kiln is the ideal space to expose your green thumb. There is a water tank for the garden and a beautiful large Plane tree shading ample offstreet parking for up to three cars ensuring convenience for residents and visitors alike. Located just steps away from Dick Lawrence Oval, this home offers easy access to parks, recreation, and community events, enriching your lifestyle with opportunities for both relaxation and inspiration and offers the perfect lifestyle in the Hilton Garden Suburb Heritage precinct for buyers seeking a home within easy walking distance to local transport, parks, schools and the popular Cafes and a short distance to vibrant Fremantle and the beach. Dont miss your chance to make this artistic retreat your own. 3 bedroom home with study, 2 living areas or 4 bedroom with 2nd living or 5 bedrooms Ducted reverse cycle airconditioning Security Alarm Insulated roof Underground power NBN Large gas pottery kiln Security screens and doors Gas hot water system Large garden shed 438sqm Street front Surveystrata Lot plus common property driveway No Strata Fees and No Strata Company Council Rates 1805.00 pa approx. Water Rates 1155.00 pa approx"
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24.3%
53.3%
-
-
$250,000
-$11,722
4.7%
3.2%
-11.2%
6.0%
Asking Price
$700,000
Estimated Purchase Price
$615,000
Stamp Duty
$23,228
Transfer Fee
$333
Conveyancing
$1,535
Deposit (10%)
$61,500
Reg. Mortgage
$203
LMI Premium
$17,536
Renovation Costs
-
Total Cash/Equity Required
$104,884
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+8.2% PA
$2,345
$3,338
Rates
+3.0% PA
$2,764
$3,606
Water
+3.0% PA
$1,455
$1,898
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$19,786
$28,928
Interest Repayments
$36,531
$36,531
Net Cashflow Before Tax
-$16,745
-$7,603
Depreciation
-
-
Tax Offset
-$5,024
-$2,281
Net Cashflow After Tax
-$11,722
-$5,322
Assumptions
Year 1
Year 10
Property Value
6.8%
$923,820
$1,670,047
Loan Balance
I.O
$553,500
$553,500
$370,320
$1,116,547
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2021 Population
Suburbs
Health Care and Social Assistance - 13.0%
Accommodation and Food Services - 10.0%
Transport, Postal and Warehousing - 10.0%
Retail Trade - 9.0%
Others - 58.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price