$1.5M
$280,460
"Welcome to Cloverlea, a captivating blend of history and contemporary comfort, offering a truly exceptional residence built in 1927 in historical Parkesbourne. Nestled amidst the serene beauty of rural pastures, this charming estate stands as a testament to timeless elegance evoking a sense of grandeur and prestige. The homestead has been lovingly renovated and oozes charm modern amenities. It is surrounded by charming verandas dripping with wisteria, climbing roses and ornamental grape vines. Glass doors bring the outside in original timber floors compliment the open fires and character features of the home. Additional Reverse cycle heating cooling offer modern comfort all year round. The country kitchen with new appliances features a beautiful timber servery overlooking the charming dining room. Feature lighting throughout gives the home a romantic feel and the rear entrance and main bedroom open to the stunning courtyard, offering the perfect setting for meals with family, surrounded by mature shade trees. Meandering throughout the property is the calming backdrop of a tree lined seasonal creek. The rustic outdoor entertaining pavilion with bar area overlooks the propertys mature orchard of apples, pears, olives and pomegranates, which contribute to its charm. Overlooking the dam, the fully selfcontained straw bale cottage with a romantic French vibe, offers views from all windows and is rich in character and charm offers guests or extended families their own private retreat. Large rustic barn shed oozes charm and includes concrete floor power. Along with multiple storage, workshop and tack room areas. Attached is a double carport laced with hanging wisteria. Overlooking the impressive 20m x 40m Dressage Arena is the Stables complex, offering 2 lined stables with rustic stable doors leading to the undercover area wash bay. The two fully fenced stock paddocks are equipped with water troughs, a cow shed and small cattle yard. There is also a rustic chook house yard for farm fresh eggs. The property offers excellent water security with 2 great size dams as well as over 140,000 litre in water tank capacity, including a new 110,000 tank with a UV filtration system servicing the main house. Daily mail service, sealed road to the property, school bus to the front gate, mobile phone reception and high speed Starlink satellite internet. Located a leisurely 1 hour to Southern Highlands or Canberra, 20 minutes to Goulburn. Cloverlea is a truly unique property, offering the privileged rural lifestyle that offers all the character and charm that follows from a property steeped of history back to the early 1900s. Whether youre seeking a peaceful retreat or yearning to immerse yourself in heritage, Cloverlea presents an unparalleled opportunity to make this enchanting locale your permanent home. Experience the beauty, history, and tranquility of Cloverlea where past present seamlessly intertwine to create a truly extraordinary living experience."
-
67%
-
-
-$1,385,000
-$60,633
-
-
-25.4%
-
Asking Price
$1,497,000
Estimated Purchase Price
$1,385,000
Stamp Duty
$59,230
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$138,500
Reg. Mortgage
$164
LMI Premium
$39,137
Renovation Costs
-
Total Cash/Equity Required
$239,227
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
Rates
+3.0% PA
$972
$1,268
Water
+3.0% PA
$1,127
$1,470
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
-$4,349
-$5,674
Interest Repayments
$82,269
$82,269
Net Cashflow Before Tax
-$86,618
-$87,943
Depreciation
-
-
Tax Offset
-$25,985
-$26,383
Net Cashflow After Tax
-$60,633
-$61,560
Assumptions
Year 1
Year 10
Property Value
6.8%
-
-
Loan Balance
I.O
$1,246,500
$1,246,500
-$1,246,500
-$1,246,500
Did you know you need to engage a conveyancer when buying a property?
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2016 Population
Suburbs
Health Care and Social Assistance - 17.0%
Retail Trade - 11.0%
Public Administration and Safety - 11.0%
Accommodation and Food Services - 8.0%
Others - 53.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price