Purchase price $269,000
Bank repayments -$258 pw(4.99% pa I/O)
Rates $400 per qtr -$ 31 pw($1600pa est.)
Water $200 per qtr -$15.5pw ($800pa est.)
Insurance $800 per yr. -$15.5pw ($800pa est.)
Property Management @8.5% -$29 pw
Total cost $349 pw
Less rent income $330pw
OVERALL COST TO OWN $19 PER WEEK*!
* Note that tax offset and Property depreciation have not been used in the above calculation. Bank rates are from 3 year fixed rate and are interest only repayments. All other holding cost are an average estimate and may differ based on property location and water usage. To get exact coatings a most recent copy of rates, water and insurance notices are required.
* Open plan lounge/dining room area
* Air-conditioning
* Security Screens
* Fully Fenced Corner Allotment
Driving through the established Estate, you will feel like you are in the middle of no where, yet you are so close to all amenities. With 4 good sized bedrooms, and the master featuring an extra large built-in robe and ensuite, there is plenty of room for the whole family.
The open planned lounge and dining is practical yet spacious, featuring a reverse cycle air-conditioner to keep you and your family comfortable all year round. The kitchen is truly the heart of the home and is not only practical but features an abundance of cupboard and bench space.
Travelling down the hallway to the lock up garage, with extra high ceiling and combined Laundry. Within close proximately to the local shops and easy access to the highway, schools and train station, this property just screams Location, Location, Location.
Currently tenanted for $330/wk to a long term tenant.