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$2.8M
$505,036
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$1,800,000
Medium
$1,600,000
Low
$1,400,000
Confidence
Medium
Discover a 30.25ha bush pasture property in the heart of Margaret River, ideal for tourism development. With successful ecotourism operations, existing infrastructure includes a reception venue, cafe, and glamping tents. This expansive site, zoned for low impact tourist development, offers immense potential with approved plans for further accommodations and a licensed venue. Its picturesque landscape features mature trees, open paddocks, and a reliable water source. Seize the opportunity to develop luxury chalets, a caravan park, or adventure experiences. A unique chance for visionary investors and developers to shape a premier tourist destination.
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53.7%
$1.55M
2%
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+
16.9%
Asking Price
-
Estimated Purchase Price
$1,535,000
Stamp Duty
$70,168
Transfer Fee
$513
Conveyancing
$1,535
Deposit (10%)
$153,500
Reg. Mortgage
$203
LMI Premium
$48,031
Renovation Costs
-
Total Cash/Equity Required
$274,500
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$260,000
$370,061
Property Management
+8.2% PA
$21,320
$30,345
Rates
+3.0% PA
$1,821
$2,376
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
$233,154
$332,506
Interest Repayments
$91,179
$91,179
Net Cashflow Before Tax
$141,975
$241,327
Depreciation
-
-
Tax Offset
$42,593
$72,398
Net Cashflow After Tax
$99,383
$168,929
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$1,708,800
$3,089,104
Loan Balance
I.O
$1,381,500
$1,381,500
$327,300
$1,707,604
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Location, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
2021 Population
Suburbs
Accommodation and Food Services - 13.0%
Retail Trade - 12.0%
Manufacturing - 11.0%
Agriculture, Forestry and Fishing - 10.0%
Others - 54.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEAverage Population
projected
for 2024 to 2026
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEMonthly % Change in Median House Prices (Prev. Quarter)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
