$1.55M
$241,558
Confidence
High
High
$1,000,000
Medium
$850,000
Low
$700,000
Confidence
High
"Situated in the Forever Home Hamlet of Argyle in the Donnybrook region, is an exquisitely unique residence with all the elements and amenities of a beautiful, wellloved and maintained, once in a lifetime family home. The rammed earth entrance walls with wrought iron gates draws you in and down the treelined driveway opening to a visual panorama of a resort like wonderland. The sense of awe beckons, inviting you into the private tranquillity of THE PIATA ESTATE, the ultimate lifestyle residence of impeccable style, space, and quality. This hidden sanctuary has been designed with the epitome of family luxury living in mind, complete with at least four bedrooms, three bathrooms, tennis court, wine cellar plus much, much more. This is a home that just keeps giving The impeccable architecture, craftsmanship and attention to detail are second to none, with every room boasting its own unique charm and character. You would pinch yourself every day to own this enviable dream home offering your choice of multiple outdoor entertainingrecreation areas overlooking the peaceful surrounds. For more information or to arrange a private viewing call exclusive selling agent Tim Cooper today. WHAT WE LOVE Grand double door entrance Open plan living, dining and kitchen area Stunning chefs kitchen with an immense amount of bench cupboard space, double fridge recess, double sinks, 900mm oven, marble island bench Two separate sunken livinglounge areas Formal carpeted executive office with double doors Grand master bedroom with double doors out to the verandah, huge walk in robe and ensuite bathroom with separate shower, spa bath and double vanity Underground sports bar wine cellar Two separate upstairs living bedroom areas Outdoor Pavillion BBQ and entertaining area that opens up to the tennis court 2.7 meter minimum height of ceiling throughout Featured coffer ceilings in games room master bedroom Stained glass feature windows throughout Double glazed windows 6126 Reverse cycle Air Conditioning and centrally located wood heater Rammed earth construction with underfill overfill to all windows and doors Solid American Oak Mahogany doors throughout Raked cathedral timber lined ceiling in main room to 7m high Industrial grade ducted vacuuming 11 ports incl. 3 sweep vacs and garage port Triple car garage with attic, triple car carport, workshop AND attached leanto 1200 sqm of living space under roof 156 000L water tank Bore reticulation Land rates 2993.70 pyr 2324 financial year inclusive of bin emergency services levy"
-
91.6%
-
-
-$505,000
+
19.2%
17.2%
44.1%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$1,550,000
Estimated Purchase Price
$1,355,000
Stamp Duty
$60,898
Transfer Fee
$473
Conveyancing
$1,535
Deposit (10%)
$135,500
Reg. Mortgage
$203
LMI Premium
$42,399
Renovation Costs
-
Total Cash/Equity Required
$241,558
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
$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
$232,636
$331,830
Interest Repayments
$80,487
$80,487
Net Cashflow Before Tax
$152,149
$251,343
Depreciation
-
-
Tax Offset
$45,645
$75,403
Net Cashflow After Tax
$106,504
$175,940
Assumptions
Year 1
Year 10
Property Value
6.8%
$907,800
$1,641,086
Loan Balance
I.O
$1,219,500
$1,219,500
-$311,700
$421,586
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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 Rental Yield
Average Days of Supply
Sold Price
Asking Price