10 Opal St, Banks is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2004. The property has a land size of 450m2 and floor size of 168m2. While the property is not currently for sale or for rent, it was last sold in April 2004.
HERE'S VALUE!
TAKE A MOMENT TO CONSIDER THE TRUE MARKET VALUE OF THIS HOME IS NOT REFLECTED IN THE PRICE! IF THERE WERE NO LEASE ATTACHED, THIS PROPERTY WOULD HAVE SOLD WELL ABOVE THE $440K MARK (MONTHS AGO) AND I BELIEVE THERE IS SIGNIFICANT UPSIDE IN THE VALUE. LOOK OUTSIDE THE SQUARE!
TAKE ADVANTAGE OF THE SIGNIFICANT TAX DEDUCTIONS-'LEASE HOLD' TITLE ALLOWS AN INVESTOR TO CLAIM THE STAMP DUTY BACK IN THE FIRST YEAR, THAT'S AN INITIAL TAX DEDUCTION OF APPROXIMATELY $16,000 IN THIS INSTANCE. ADD TO THAT THE GOVERNMENT GUARANTEED RENT 52 WEEKS OF THE YEAR AND THE DEPRECIATION BENEFITS THAT ARE AVAILABLE THIS IS GENUINE VALUE FOR MONEY!
THIS IS A QUALITY HOME, FAMILY ORIENTATED AND CLOSE TO AMENITIES! COMPLETED IN APRIL 2004, 10 OPAL STREET IS A VERY WELL PRESENTED FOUR BEDROOM HOME WHICH FEATURES A COMBINED FORMAL LOUNGE & DINING ROOM, SEPARATE FAMILY ROOM, STUNNING KITCHEN, A COVERED OUTDOOR ENTERTAINING AREA AND A REMOTE DOUBLE LOCK-UP GARAGE.
THE MASTER BEDROOM INCLUDES A WALK-IN ROBE, WHILE BEDROOMS TWO, THREE AND FOUR EACH HAVE BUILT-INS. THE KITCHEN OVERLOOKS THE FAMILY ROOM AND FEATURES LAMINATED BENCH TOPS, GAS COOK TOP AND AN ELECTRIC OVEN. THE PROPERTY IS SITUATED ON A 450M2 BLOCK AND OTHER FEATURES INCLUDE DUCTED GAS HEATING, DUCTED EVAPORATIVE COOLING AND A 170 LITRE GAS HOT WATER TANK.
WHAT IF KEVIN RUDD WAS HELPING YOU PAY YOUR MORTGAGE? NOW THERE'S A THOUGHT.
CURRENTLY RENTED AT $420 PER WEEK (AND SUBJECT TO ANNUAL REVIEW IN EVERY JANUARY), YOUR RENT IS GUARANTEED FOR THE FULL TERM OF THE LEASE-THERE'S NO PERIOD WHEN YOU ARE WITHOUT RENTAL INCOME. THE BENEFITS HERE ARE IN THE LONG TERM LEASE (4 YEARS PLUS 2 YEAR OPTION) AND THE BACKING OF AN AUSTRALIAN GOVERNMENT TENANT. TAKE ADVANTAGE OF THE TAX BENEFITS AND YOU WILL REALISE THAT HOME OWNERSHIP IS WITHIN YOUR GRASP.
THERE'S VERY LITTLE IN THIS WORLD THAT COMPARES TO A DEFENCE HOUSING AUTHORITY (DHA) LEASE. RECENT EVENTS ON GLOBAL STOCK MARKETS HIGHLIGHT 'BRICKS AND MORTAR' AS A VERY SAFE INVESTMENT!
PLEASE CALL TO DISCUSS. EER:2.5
The size of Banks is approximately 2.3 square kilometres. It has 8 parks covering nearly 13.3% of total area. The population of Banks in 2011 was 5,060 people. By 2016 the population was 4,966 showing a population decline of 1.9% in the area during that time. The predominant age group in Banks is 0-9 years. Households in Banks are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Banks work in a clerical occupation. In 2011, 79.3% of the homes in Banks were owner-occupied compared with 78.1% in 2016.
Banks has 1,915 properties. Over the last 5 years, Houses in Banks have seen a 45.54% increase in median value, while Units have seen a 63.93% increase. As at 31 October 2024:
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