Lot 23 Jacaranda Road, Hammond Park WA 6164 – Hibiscus Estate

$856,000

  • 5
  • 3
  • 3
  • 450m²
  • Dual Key

Those that love the outdoors are well and truly spoilt for choice in Hammond Park, with several parks and playgrounds as well as Coogee Beach and Bibra Lake, only a short drive away. Just 2 minutes away is Frankland Park Sporting and Community Facility, a multipurpose venue that opened earlier this year and features two AFL size sporting ovals. Harry Waring Reserve which borders Hibiscus has also been marked as bush forever, a special place to protect local fauna.

At Hibiscus you’re only minutes away from local shops and supermarkets as well as medical services. And for the coffee lovers, you’re only a 2 minute drive from Threepence Café & Bakery – a favourite among Hammond Park locals.

Hibiscus will be a short walk away from a new primary school (K-Year 6) that is set to open in 2024. The newly built Hammond Park Secondary College is also close by, along with several private schools and three universities driveable within 30 minutes.

Overview

  • $727.44/m

  • 11.33%

  • 6.25%

  • 0.83%

The estimated cash flow is reflective of a 90% P&I loan with an interest rate of 5.5% over a 30 year term. (Rental income + First year tax depreciation) – (*Loan Repayments + Council Rates + Water rates + Body Corp./Strata when applicable) = Estimated cash flow position
Property breakdown
Home area208 m²
Build price$497,000
Land price$352,000
Title StatusRegistered
Contract typeSplit
Storeys1
Council Rates*$125/m
Water Rates*$40/m
Tax depreciation*$810.92/m
Rental Income*$4420/m
* these figures are an estimate only, based on current average rates and current relevant figures.

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