Dual Living, Bali Inspired Sanctuary- Self Isolate in your very own private resort!
Private Inspections & Face Time Viewings Available on Request
Tucked away in the sought-after pocket of Santa Barbara, Hope Island, this one of a kind
resort style Bali inspired bungalow is positioned with tranquility and convenience in mind with no body corp.
Situated on a huge 784sqm (approx) corner block and with two separate residences both completely self-sufficient, independently accessible and with separate parking, this home presents a fantastic opportunity for;
* Large or extended families looking for that extra bit of space, granny flat or teenage retreat
* Home owners looking to earn extra income or possibly subsidise their mortgage repayments
* Investors looking for a potential home and income- current rent appraisal $800/wk-(6% yield approx)
* Small business owners looking for somewhere to operate from on a daily basis.
This fantastic property sits just a stones throw away from a local boat ramp to the Coomera river, the Hope Island Shopping Centre, Cafes, Restaurants, World Class Golf Courses, Fitness Facilities, Tennis Courts, Hope Island Marina and the prestigious Sanctuary Cove Village, making it the simple choice when it comes to lifestyle, tranquil living and community atmosphere.
Property Features:
- Dual living potential (rental estimate of $800/wk)
- Huge 784sqm (approx) corner block
- Open plan living, kitchen and dining area
- 3 large Bedrooms, 2 Bathrooms in the main residence
- 1 Bedroom, 1, bathroom, laundry and kitchen in the guest quarters
- Unparalleled suburban privacy with virtually no signs of neighbours
- Resort style outdoor living
- Large covered deck/entertaining area overlooking pool
- Fantastic large lush tropical gardens
- Solar-system to reduce electricity bills
- 3 driveway access points with plenty of room for vehicle/caravan/ boat storage
- Ceiling fans throughout
- Three large water tanks to assist during the dryer months
- Multiple garden sheds and storage areas
- Multiple secure/under cover parking spaces
The Vendor is motivated to get this property sold so that they can do all the self-isolating
they need whilst sailing around Australia. Option of a "walk in walk out" including furniture and appliances. This property is a must see and will not last! Call or email Josh or Andrew to book your digital or private inspection today.
POTENTIAL FOR HUGE RETURNS
As an example please see the following. Please keep in mind that this example is hypothetical and based on several variables which may change or differ to your personal circumstances.
Theoretical Purchase Price: $600,000
Deposit: 20%
Remaining Mortgage: $480,000 (purchase price less deposit)
Interest Repayment Component at 2.90%: $13,920 P/A
Potential Rental Income of $800 p/w as per rental estimate.
Potential Annual Income of $41,600
Annual Income ($41,600) Less Annual Interest Payments ($13,920)
Remaining Surplus Per Annum: $27,680
Remaining Surplus Per Week: $532
Disclaimer:
In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
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