$1.8M
$281,811
Confidence
High
High
$1,850,000
Medium
$1,750,000
Low
$1,650,000
Confidence
Not Applicable
"5 Acres of mostly cleared special rural land with a quality Executive Federation Home and outstanding horse facilities ready to generate a good income should you wish to pursue this adventure business. The Home Features include A modern, distinctively designed double brick walls and iron sheets roof Wonderful functional flooring plan Wide entrance hall Spacious Master bedroom, 2 other doublesized bedrooms with builtin robes and the fourth bedroomoffice, your choice Front office room Space to add another 2 or 3 bedrooms under the main roof should you need it Formal sitting room and formal dining area A lovely spacious open plan consisting of a luxury and functional kitchen, pantry and plenty of cupboard space, meals and family activity area plus, firewood unit A bar and entertaining room area Quality main bathroom with separate bath and shower area A large laundry with storage space Beautiful French doors throughout Quality polished Jarrahwood, tiles and carpet floor coverings Quality window treatments and light fittings Extensive parking areas include a large double garage, a 6car undercover bay and lockup, and plenty of areas where you can park boats, caravans, etc. Wider verandas all around the home High ceilings and roof insulation Two evaporative airconditionings and wallfixed reverse circle unit Other Features 450 meters horse riding training track Electric fence around the property safe for horse living Horse stables, tack room and hot water system for horse wash Seven paddocks and four water trophies 10x6 meters workshop shed Electric front gate with remote control Good driveway access and large solidly compacted front courtyard area for ample parking or entertaining outdoor activities One bore with 10 years water licence Large areas of autoreticulation system Large water chlorine filter system 3 rainwater tanks connected from the house roof and stables building roof 15 sun panels producing 5 kilowatts power Near new electrical heat pump hot water system connected to the sun panels Foxtel and ABN connected ECO septic system Security cameras in and out of the house and shed 300 holes of termite protection around the home Lovely gable area with connected power Two waterdams. It is really great value for money. Run your own businesses, and it is a unique place to live A great investment, indeed Not to be missed. Call the exclusive listing agent Mario Antonio for more information or a private inspection. Mobile 0419 186 919 Email mario.antoniobigpond.com"
-
91.3%
$1.14M
3.7%
$175,000
-$68,082
-
-
-24.2%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$1,800,000
Estimated Purchase Price
$1,575,000
Stamp Duty
$72,228
Transfer Fee
$513
Conveyancing
$1,535
Deposit (10%)
$157,500
Reg. Mortgage
$203
LMI Premium
$49,282
Renovation Costs
-
Total Cash/Equity Required
$281,811
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+8.2% PA
-
-
Rates
+3.0% PA
-
-
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
-$3,705
-$4,834
Interest Repayments
$93,555
$93,555
Net Cashflow Before Tax
-$97,260
-$98,389
Depreciation
-
-
Tax Offset
-$29,178
-$29,517
Net Cashflow After Tax
-$68,082
-$68,872
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,869,000
$3,378,707
Loan Balance
I.O
$1,417,500
$1,417,500
$451,500
$1,961,207
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2021 Population
Suburbs
Construction - 16.0%
Education and Training - 13.0%
Agriculture, Forestry and Fishing - 10.0%
Public Administration and Safety - 7.0%
Others - 54.0%
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