$1.5M
$268,082
Confidence
Medium
High
$330,000
Medium
$290,000
Low
$250,000
Confidence
Not Found
"Nestled in the tranquility of the countryside, this sprawling 102acre estate offers an unrivaled escape, surrounded by lush greenery and a magnificent timber deck that frames the home. Known as Karrabilli Retreat, this charming property boasts aweinspiring views of the valley below, making it a picturesque haven for those seeking both serenity and functionality. The homes wellappointed kitchen is a true delight, featuring an abundance of drawers and cupboard space. The spacious counters are complemented by a stunning window view, making even the simplest of tasks like doing the dishes a pleasure. Inside, the home features four large bedrooms, each thoughtfully designed for comfort. The master suite includes a beautiful ensuite, complete with modern fixtures and an elegant design that creates a private, spa like oasis. The additional bedrooms are equally generous in size, ensuring ample space for family and guests , while each offers its own touch of luxury and tranquility. This thoughtfully designed kitchen seamlessly flows into the openplan living area, which is filled with natural light, thanks to the quality vinyl plank flooring and expansive glass doors. The living space effortlessly extends to the timber deck, where an alfresco area offers the perfect spot to relax and enjoy the stunning panorama. Whether youre hosting friends or savoring a quiet evening at home, this space will become your sanctuary. Comfort is ensured yearround with ducted reversecycle airconditioning, while the 3 kW inverter and 12 solar panels offer ecofriendly energy efficiency. The easycare gardens are beautifully landscaped, with trees scattered across the property providing natural shade for livestock. Currently used for grazing sheep and cattle, this estate is both productive and picturesque. It features three dams, with the main dam equipped with a solar pump that supplies water to a tank for the gardens. The propertys layout also allows for easy access, making it convenient for farm vehicles. Adding to its appeal, Karrabilli Retreat offers exceptional commercial potential. The property includes an approved commercial kitchen, currently running a home business, and there is an existing development approval for the construction of one chalet. This opens up exciting opportunities for expanding the business or creating a boutique guest retreat,. This extraordinary property offers a blend of natural beauty, modern convenience, and commercial prospects, making it a rare gem in the market. Whether youre looking to embrace country living, run a business, or simply retreat into nature, Karrabilli Retreat is the perfect place to call home. Property Code 260"
-
94%
-
-
$260,000
-$5,478
-
-
-83.3%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$29,000
Estimated Purchase Price
$30,000
Stamp Duty
$570
Transfer Fee
$203
Conveyancing
$1,535
Deposit (10%)
$3,000
Reg. Mortgage
$203
LMI Premium
$513
Renovation Costs
-
Total Cash/Equity Required
$6,574
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+8.2% PA
-
-
Rates
+3.0% PA
$2,339
$3,052
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
-$6,044
-$7,886
Interest Repayments
$1,782
$1,782
Net Cashflow Before Tax
-$7,826
-$9,668
Depreciation
-
-
Tax Offset
-$2,348
-$2,900
Net Cashflow After Tax
-$5,478
-$6,768
Assumptions
Year 1
Year 10
Property Value
6.8%
$309,720
$559,900
Loan Balance
I.O
$27,000
$27,000
$282,720
$532,900
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 25.0%
Retail Trade - 10.0%
Education and Training - 9.0%
Health Care and Social Assistance - 9.0%
Others - 47.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price