This property can be inspected by contacting David Kneller.
| House | |
| Land area | N/A |
|---|---|
| Bedrooms | 3 |
| Bathrooms | 1 |
| Car spaces | 1 |
Located in a quiet cul de sac this property is sure to be of interest to first home buyers looking to secure a property. The property is currently leased out for $340/wk, providing great returns for the investors looking to increase their portfolio.
Two of the three bedrooms have built-ins and ceiling fans, the kitchen, located just off the main lounge area, is very tidy with gas cook top and access to the back yard. The lounge room, located adjacent to the kitchen has floating floor boards throughout. There is off street parking for two cars.
Only a short walk to Warabrook shopping centre and conveniently located close to the Sydney freeway with easy access to transport and the Newcastle University makes this a more than viable investment.
| Estimated stamp duty (1) | $9,665.00 |
| Estimated legal fees (2) | $1000.00 |
| Estimated bank/loan fees (2) | $800.00 |
| Minimum 10% deposit (3) | $31,500.00 |
| Total upfront payment | $42,965.00 |
| Monthly repayment on balance of $283,500.00 @ 7% (4) | $1,886.13 |
All figures are estimates only, please confirm with your conveyancer.
1 You may be eligible for first home owner concessions.
2 Estimates only and will vary between different companies.
3 Some financial institutions may not require a full 10% deposit.
4 Minimum repayment based on standard principle & interest loan over 30 years.
This property was listed on 29 Mar 2012 and has been viewed 39 times by 37 visitors.