$3.2M
$535,236
"Phil Oakden welcomes you to 16 Williams Road the latest prime property to be available for sale in the enviable location of Coconut Wells. Located just 20 minutes North of Broome in a quiet coastal enclave, this property is literally Living The Dream for anyone seeking a serene, offgrid lifestyle while still enjoying modern comforts, wide open spaces and incredible views. Set on just over 7 acres, this incredible property offers an amazing combination of natural beauty, spacious living, and versatility. Here are the key highlights Main Residence The threebedroom home including a spacious master parents retreat with private verandah access and is designed for easyliving with wide verandahs and breathtaking ocean views from every bedroom. The kitchen is fitted with highend stainless steel appliances, a 900mm freestanding stove, dishwasher, pullout pantry, and a floating island bench. The bathroom has been tastefully renovated with a double vanity, soaker tub and shower. Additional features like the timber laminate flooring and sliding doors to the terrace make the home wellsuited to an easycare lifestyle and the local climate allowing the natural circulation of tropical coastal breezes and abundant light throughout. Outdoor Living Seamless indooroutdoor living is made so much more comfortable with the wraparound verandahs featuring wooden decking and miniorb ceilings. Then step onto the expansive pool area with its washed aggregate terrace and shadesail provides for the perfect spot to relax while enjoying the spectacular, 180 views of the Indian Ocean before you. Whether youre watching the migrating whales frolicking in the Oceanscape ... or enjoying sunset cocktails and family BBQ celebrations ... the ambiance is unparalleled. There are multiple entertaining areas around the house, including one with a firepit under established trees and expansive lawns that are just perfect for those larger functions. Additional Space Adjacent to the Main Residence theres a twobay carport and a concrete parking bay provide additional convenience including separate airconditioned shed with multiuse potential, great as a mancave, games room, or for extra storage which. Along the entrance Driveway is a massive, fully operational 300 sq M 25m x 12m Workshop shed equipped with auto roller doors and an alarm system, offering secure storage and workspace complete with mezzanine floors and a separate 2bedroom guest accommodations featuring a kitchenette, bathroom and laundry and a large 36 sq M undercover deck with ocean views ideal for extended family, visitors or even a farm manager. In front of the garage doors is ample undercover, tandemparking space for 5 vehicles, including large trucks or boats while at the side of the Shed are 5 x 20 watertight sea containers under a fulllength tropical roof providing even more secure storage, with 4 undercover storageparking bays think Boats, trailers, caravans and Jet skis positioned inbetween. SelfSufficiency The property is fully offgrid, thanks to a 35KVA hybrid power system with 240 Kilowatt Lithium batteries and water from an onsite well. The 100 mature mango trees and raised garden beds provide ample space for gardening allow for a selfsustaining lifestyle, with room to expand your own organic produce. Income, Events and Future Potential The vast lawns and stunning ocean just beg to be wellutilised for hosting weddings, events, or even building additional dream structures. and Finally with a fully automated system for both power and garden maintenance, this property really is a blend of modern convenience with the charm of country living. Its perfect for those looking for peace, space, and endless potential Other Key Features include The property has two bores, ensuring a reliable water supply. The property is situated on a corner block with dual entrance driveways, adding convenience and privacy. Shire Rates TBA PA Digital furnishings have been included into the interior and exterior photographs for presentation purposes only."
-
75.2%
-
-
-$245,000
-$88,856
2.4%
2.0%
-15.2%
6.0%
Asking Price
$3,200,000
Estimated Purchase Price
$3,225,000
Stamp Duty
$157,203
Transfer Fee
$833
Conveyancing
$1,535
Deposit (10%)
$322,500
Reg. Mortgage
$203
LMI Premium
$100,912
Renovation Costs
-
Total Cash/Equity Required
$583,736
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$78,000
$111,018
Property Management
+8.2% PA
$6,396
$9,104
Rates
+3.0% PA
$3,271
$4,268
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
$64,628
$92,813
Interest Repayments
$191,565
$191,565
Net Cashflow Before Tax
-$126,937
-$98,752
Depreciation
-
-
Tax Offset
-$38,081
-$29,626
Net Cashflow After Tax
-$88,856
-$69,127
Assumptions
Year 1
Year 10
Property Value
6.8%
$3,182,640
$5,753,456
Loan Balance
I.O
$2,902,500
$2,902,500
$280,140
$2,850,956
Did you know you need to engage a conveyancer when buying a property?
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2016 Population
Suburbs
Health Care and Social Assistance - 16.0%
Education and Training - 12.0%
Accommodation and Food Services - 11.0%
Retail Trade - 9.0%
Others - 52.0%
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