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$1.49M
$266,254
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Try Picki for FREEConfidence
High
High
$1,550,000
Medium
$1,395,000
Low
$1,250,000
Confidence
Medium
Discover a unique opportunity in the heart of the Boranup National Park, just 20 minutes south of Margaret River. This property, on the market for the first time in 35 years, encapsulates the spirit of the South West. Home to the renowned Boranup Gallery, it offers an adjacent popular restaurant with a liquor license, providing a steady stream of passive income. With newly approved plans for a two-storey rammed earth residence, this property combines business with residential potential. As part of a rural strata with substantial water and power resources, it holds immense possibilities for those looking to live, work, and innovate in this iconic region.
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53.7%
$1.55M
2%
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-$21,774
4.5%
Asking Price
$1,395,000
Estimated Purchase Price
$1,395,000
Stamp Duty
$62,958
Transfer Fee
$473
Conveyancing
$1,535
Deposit (10%)
$139,500
Reg. Mortgage
$203
LMI Premium
$43,650
Renovation Costs
-
Total Cash/Equity Required
$248,869
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$62,400
$88,815
Property Management
+8.2% PA
$5,117
$7,283
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
$51,757
$74,322
Interest Repayments
$82,863
$82,863
Net Cashflow Before Tax
-$31,106
-$8,541
Depreciation
-
-
Tax Offset
-$9,332
-$2,562
Net Cashflow After Tax
-$21,774
-$5,979
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Year 1
Year 10
Property Value
6.8%
$1,489,860
$2,693,312
Loan Balance
I.O
$1,255,500
$1,255,500
$234,360
$1,437,812
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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...
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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
