Real Estate

56 bolwarra road north Narrabeen

Offers over $1,050.00 4 bed 2.5 bath 2 lug

* Architect designed stunning home
* Energy efficient
* Entertainers granite kitchen
* Spotted gum timber floors
* Seperate study plus media nook

LUXURY AMONGST THE TREES TWEET TWEET!

Youll become the worlds calmest person living in this lavish home, nestled amongst nature and ideally situated in a humble, ever so kid friendly, cul de sac location.
Enjoy the epitome of luxury in this real life tree house which boasts endless amounts of space, light and ambience. Its architectural design is apparent from the moment you enter with its faultless floorplan and clever use of space which has created endless areas to sit back, relax and take in all that surrounds you!
Follow the effortless spotted gum timber floors which will lead you through to open spaced areas where all youll want to do is put your feet up and draw in the incredible tree lined vistas. Throw open the doors from the living area to the mammoth partially covered deck where youd be crazy for not hanging a hammock…sway away the summer while the birds sing you to sleep………..shhhhhhhhhh! Nothing but peace and harmony here.
When you tire of the hammock, the kitchen is sure to lure you in with its warm, timber themes and only the finest in fixtures and finishes…Plenty of bench space with only deluxe granite benches, a Bosche oven and dual energy Ariston cooking hob might just set the scene for you becoming the worlds very next Jamie Oliver!
Have the slumber of your life in any one of the four bedrooms that this generous home possesses. The master bedroom is precisely that with plenty of robe space to hang those threads, a stunning ensuite bathroom and of course access to the outdoor deck, which could make for the perfect place to escape with the Sunday paper! No one will ever know.
The additional 3 bedrooms are all liberally proportioned and ever so child friendly. Built in robes in all bedrooms will certainly overcome any problems of lack of storage!
A double automated lock up garage is the ideal home for the automobiles and any other bibs and bobs you may wish to store.
A seriously well thought out home, this is paradise with a capitol P. Spend not a cent here. Just live the rest of your life in harmony & peace!!!
An exclusive service only at The Novak Agency. DOWNLOAD the property contract or the video!!!
Use the VIRTUAL TOUR/ONLINE TOUR LINK.

Council rates: $311 per quarter
Water rates: $118 per quarter
Rental return: $850 per week approximately
Land size: 1037 square metres
House size: 317 sqm

The size of Narrabeen is approximately 5 km². It has nine parks covering nearly 33% of the total area. There is one school and one childcare centre located in Narrabeen. The population of Narrabeen in 1996 was 18,108 people. By 2006 the population was 7,598 showing a population decline of 58% in the area during that time. The predominant age group in Narrabeen is 30-39 years. Households in Narrabeen are primarily lone occupant and are likely to be repaying between $1600.00-1800.00 per month on mortgage repayments. In general, people in Narrabeen work in a professional occupation. In 1996, 42% of the homes in Narrabeen were owner-occupied compared with 50% in 2006. Currently the median sale price of houses in the area is $1,020,000.

All information contained herein is gathered from sources we believe reliable. We have no reason to doubt its accuracy, however we cannot guarantee it.

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* Ground floor stunning apartment * Beautifully landscaped gardens * Storage room underneath * Small security block * No common walls & private
NORTH MANLY 10/32 Austral Avenue
575,000 SOLD

PARDON? DID YOU SAY A GARDEN?

As crazy as this may sound, this overly sexy North Manly apartment possesses its very own 187 square metre landscaped garden!

Do a cartwheel or two, pitch a tent or re invent your lazy Sundays with a glass of bubbles and enjoy it all in your heavenly backyard. After that all gets a tad too much, shuffle on up to the deck for a nice hot cuppa and…..watch the grass grow.

Move inside to find polished floorboards that lead you through to a crisp, neat kitchen where youll find pleasure in scrambling up those Sunday eggs, on the gas stove of course! Overlooking the kitchen is the L shaped dining and living areas, both heavily overdosed with lashings of light and winter warmth. Slide open the three sliding doors which magically convert into one to a spacious outdoor timber alfresco area, just right for striking up that barbie as Summer creeps up.

Both bedrooms have decent sized built-ins with the master room looking out over the captivating garden.

A crisp bathroom, internal laundry, car space and a WEALTH of storage complete this perfect, seamless, flawless pad in North Manly.
If you think places like this come along every day, you must be kidding yourself! Blink and this one will be gone.

An exclusive service only at The Novak Agency. DOWNLOAD the property video or full statistical report on the property!!!!!!
Use the VIRTUAL TOUR/ONLINE TOUR LINK. Now to view the CONTRACT go to www thenovakagency com, then click through to – sales – for sale contracts

Council rates: $235 per quarter
Water rates: $126 per quarter
Strata levies: $577 per quarter
Rental return: $450-480 per week approximately

The size of North Manly is approximately 1 km². It has 2 parks covering nearly 42% of the total area. The population of North Manly in 2001 was 2,280 people. By 2006 the population was 2,207 showing a population decline of 3% in the area during that time. The predominant age group in North Manly is 30 – 39 years. Households in North Manly are primarily couples with children and are likely to be repaying over $2000.00 per month on mortgage repayments. In general, people in North Manly work in a professional occupation. In 2001, 76% of the homes in North Manly were owner-occupied compared with 77% in 2006. Currently the median sale price of houses in the area is $865,000.

All information contained herein is gathered from sources we believe reliable. We have no reason to doubt its accuracy, however we cannot guarantee it.

WANT TO KNOW THE MINUTE A NOVAK PROPERTY IS SOLD AND FOR HOW $$$ ???

FOLLOW US ON TWITTER

http://www.twitter.com/thenovakagency

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Visit http://www.houseabruzzo.com .

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Aug. 10 (Bloomberg) — The collapse in commercial real estate is preventing Federal Reserve Chairman Ben S. Bernanke from declaring the economy and financial markets are healed.

Property values have fallen 35 percent since October 2007, according to Moodys Investors Service. Thats making it tough for owners to refinance almost $165 billion of mortgages for skyscrapers, shopping malls and hotels this year, pressuring companies such as Maguire Properties Inc., the largest office landlord in downtown Los Angeles, to put buildings up for sale.

Negative Fundamental

Demand for commercial space comes from employment and the income generated by that employment, said University of Pennsylvania Professor Joseph Gyourko, director of the Wharton Schools Samuel Zell and Robert Lurie Real Estate Center in Philadelphia. Mounting job losses are a really significant negative fundamental, signaling that conditions are going to be tough for the industry for a while, he said.

That may spill over into mounting losses at some banks. Forty-seven percent of loans at the 7,000-plus smaller U.S. lenders are in commercial real estate, compared with 17 percent for the biggest banks, according to New York-based Goldman Sachs Group Inc.

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What I learned today will have devastating ramification for the real estate marketing and in turn the entire financial and stock market and the broader economy as a whole.

If true…our real estate fate is seal. There will be more housing and real estate foreclosure carnage ahead. The road is long.

Prepare yourself and protect your family from this coming economic catastrophe.

PLEASE RATE, LINK, SHARE and SPREAD the word so others can learn about the real nature of our real estate and economic crisis. Don’t be a sponge to the talking heads that spew only that which benefits them and their bosses. Wake up!
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From L.A Times:

Bulk of bank-owned homes aren’t even on the market yet
“Banks to unleash flood of REOs” at Inman News looks at the effect of foreclosures on the housing market this year:

Inventories of unsold homes are likely to swell in coming months as lenders begin to push a growing backlog of repossessed homes up for sale — often in communities already awash in distressed properties….

Because it can take weeks or months for lenders to put repossessed homes on the market, the impact of real estate-owned (REO) properties on inventories lags behind foreclosures. Government efforts to recapitalize banks through the Troubled Asset Relief Program (TARP) and other bailout measures may also have taken some of the heat off of lenders to unload REO properties at fire-sale prices.

But with the emphasis of TARP and other government relief efforts now expected to shift to creating jobs, helping troubled borrowers avoid foreclosure and providing incentives for home buyers, lenders could soon unleash a torrent of real-estate owned, or “REO” properties — even in markets already flooded with an oversupply of homes for sale.

“It’s almost like a tsunami — you can see it coming and you know it’s going to hit but you can’t get out of the way,” said Ann Stickel, vice president of affiliated services with Sarasota, Fla.-based brokerage Michael Saunders & Co.

So how many bank-owned properties aren’t even on the Multiple Listing Service yet? RealtyTrac senior vice president Rick Sharga puts the number at 75%. That’s a lot of houses.

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Tags: “The dollar collapse” “housing crisis” “financial crisis” subprime hyperinflation inflation economy “economic collapse” “stock market” “stock market collapse” “real estate” fed “federal reserve” money “fiat money” gold silver commodities housing bubble 2009 2008 downfall investing for sale training agent agency selling subprime Peter Schiff Jim Rogers Gerald Celente Alex Jones Ben Bernanke

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