Contract crashed!

Sold $825,000
Open for inspection
Sold

Contract crashed!
This is now back on the market.
Pest and building – Passed
Valuation – Passed
Buyer could not get finance
Your chance to secure the superb versatile home now!

Purpose built in 2014 by the owner for investment but also ideal for couples and families alike, this is the ultimate in home flexibility. Situated over an expansive 837sqm allotment of land are two completely separate buildings that you’ll have for use. The large family home offers a 4 bedroom / 2 bathroom / 2 car HOME, in addition to the small home which was a purpose built 2 bedroom / 1 bathroom / 1 car space HOME – the options for living are simply superb.

The colour palette of the house is very on trend with soft grey walls meeting seamlessly with pure white ceilings. The tile flooring ties in beautifully matching the soft banding grey laminate cabinetry. The modern gourmet kitchen features grey ceaser stone bench-tops and stainless steel appliances.

THE LARGE HOME OFFERS:
– a light filled entrance hall
– a formal lounge room/ media room or family room for the children
– an open plan lounge, kitchen / dining area with floors and an abundance of natural light
– a large kitchen with plentiful storage and work space.
– a servery window from the kitchen to the undercover alfresco entertaining area
– 4 spacious bedrooms all with robes, master with ensuite bathroom
– a modern family bathroom with bathtub
– An internal laundry
– Split system air-conditioners
– Double lock up garage
– Child and pet friendly gardens

THE SMALL HOME OFFERS
– Private entrance
– Spacious lounge / dining area
– 2 bedrooms with wardrobes and blinds
– Main bathroom with separate toilet
– Split system air-conditioning
– Separate car space

What’s great about Oxley?
Oxley is such a great place to live! Located within an easy drive to Brisbane’s CBDand on a train line offering a 23 minute ride straight to the city.

Oxley village at Cook St and Oxley Station Road has gone from strength to strength in recent years and now includes a huge modern Woolworths, boutique stores including homewares, unique children’s and ladies clothing. Scattered with restaurants including 4 coffee shops, hairdressers, bakeries, a grocery store, post office and Doctors surgery, everything you need is right on your doorstep.

The children are well catered for at Oxley State School. Oxley offers various child care options, plentiful parks including the flying fox at Park Vue, a golf course and much, much more.

Great schooling options, shopping and easy access to the freeway taking roughly 25 mins to drive to the CBD.

Current owners are receiving $895 p/week rent.

Mortgage Scenario to live in big house and rent out small house

Assumption notes:
5% mortgage rate/30 year loan/80% occupancy/$320 per week rent (currently $350) / 20 % deposit
Also assumes all parameters stay the same
Sell price $880,000
Mortgage $704,000

Add the rental into the mortgage monthly
$320 x 52 x 0.8 / 12 = $1100 per month (rounded to the nearest $100)

Results:
Mortgage would be paid off 11 years and 6 months sooner
Approximate saving of interest would be – $281,805

Notes:
This is a rough guide only and should not be the basis of the purchase decision
Please speak to your financial planner to get a more accurate scenario

Call Charles now on 0424 754 113 as there is nothing like this on offer in Oxley!

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