Cuthberts Road
Alfredton
VIC
3350
Australia
Townhouse
Tivoli Townhouse 9
Select Investment Property:
Physical Attributes
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Status:
Tentatively Under Offer
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Compass:
West of Melbourne
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Aspect:
North-West
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Title:
Free Hold
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Bedrooms:
4
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Bathrooms:
2 (1 Ensuite)
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Internal Area:
205.52
sqm
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External Area:
224
sqm
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Total Area: 429.52 sqm
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| Elevation:
457m above sea level |
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Views:
No
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Furniture Package:
No
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Parking:
2
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Start Date:
31/03/2012
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Completion Date:
31/10/2012
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Special Needs:
No
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On-Site Manager:
No
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Inspection Times:
NA
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Investment Property Overview
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Tivoli Townhouses are part of the popular Chase Estate, a development of local builder Macneil who are well known for their quality successful developments. These townhouses are located in one of Ballarats prestigious new areas in the highly sought after suburb of Alfredton. Surrounded by new homes this area is a haven for young families looking for a neighbourhood within easy reach of lake Wendouree, schools and Ballarat's CBD. This historical town of Ballarat is experiencing strong population growth and an extremely low rental vancay rate of just 0.6% (Oct 2011).
The Tivoli townhouses are expected to begin in first part of 2012. They will be built with Turnkey 100% complete, so your tenants can move immediatley on completion. These townhouses come with fencing, landscaping, external concreting, garage remote, central ducted heating and stainless steel cooking appliances.
Transaction involves one contract, 10% deposit is required to secure your new investment and remaining at settlement once the dwellings are complete and ready for your tenants to move in.
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Growth Information for
3350
Who Pays in the First Year
Average per year over 10 Years
Cash Flow Table
| Cash Flow | 1yr | 2yr | 3yr | 5yr | 10yr | Average |
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| Gross Rent | $15,176 | $15,874 | $16,604 | $18,167 | $22,747 | $18,735 | | Interest | $20,020 | $20,020 | $20,020 | $20,020 | $20,020 | $20,020 | | Expenses | $4,597 | $4,762 | $4,934 | $5,296 | $6,320 | $5,418 | | Pre-Tax Cash Flow | -$9,441 | -$8,909 | -$8,350 | -$7,149 | -$3,592 | -$6,703 | | | | Building Depreciation | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | $4,000 | | Fittings Depreciation | $6,000 | $3,000 | $3,000 | $2,000 | $1,000 | $2,100 | | Interest | $20,020 | $20,020 | $20,020 | $20,020 | $20,020 | $20,020 | | Expenses | $4,597 | $4,762 | $4,934 | $5,296 | $6,320 | $5,418 | | Loan Costs | $295 | $295 | $295 | $295 | n.a. | n.a. | | Total Deductions | $34,912 | $32,077 | $32,249 | $31,611 | $31,340 | $31,685 | | Tax Loss | -$19,736 | -$16,204 | -$15,645 | -$13,444 | -$8,592 | -$12,950 | | (Rent - Deductions) | | | | Tax Credits | $6,567 | $5,668 | $5,714 | $5,176 | $3,308 | $4,795 | | NRAS Credits | $8,810 | $9,215 | $9,639 | $10,546 | $13,205 | $10,876 | | Total Credits | $15,377 | $14,883 | $15,353 | $15,722 | $16,513 | $15,671 | | | | Annual Cash | $5,935 | $5,975 | $7,003 | $8,573 | $12,921 | $8,968 | | Weekly Cash | $114 | $115 | $135 | $165 | $248 | $172 | | | | Cap. Growth & Equity | 1yr | 2yr | 3yr | 5yr | 10yr | |
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| Property Value | $385,772 | $407,838 | $431,167 | $481,903 | $636,422 | - | | Loan Amount | $296,591 | $296,591 | $296,591 | $296,591 | $296,591 | - | | Equity | $89,182 | $111,248 | $134,576 | $185,312 | $339,832 | - | | | | Cash Invested | $67,045 | $61,070 | $54,066 | $37,762 | -$16,702 | - |
Investment Information
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