Withheld
$66,379
Confidence
High
High
$260,000
Medium
$250,000
Low
$240,000
Confidence
Medium
"Discover Rest Point, a stunning granite rock home nestled gracefully on the banks of the picturesque Murray River, just 90 kilometres from AlburyWodonga. This exceptional property is a true masterpiece, designed to offer both luxury and sustainability. From the moment you arrive, the meticulously manicured lawns and fully established gardens set the stage for an unparalleled living experience. The large openplan living area has been thoughtfully crafted to showcase the breathtaking river vistas, allowing natural light to flood the space and create a warm, inviting atmosphere. Rest Point is equipped with highend appliances, solar power, and a focus on energy efficiency, blending modern comforts with ecofriendly features. The home offers ample accommodation, including a fourcar garage, carport, and two selfcontained units within the highquality shedding perfect for entertaining family and friends or accommodating guests. The property also boasts a productive orchard and generous space for livestock, providing opportunities for selfsufficient living. Abundant water resources from the river and rainwater tanks ensure that all your needs are met. Adding to its appeal, the prime location features a school bus stop right at the front gate, making it ideal for families. To truly appreciate the exceptional craftsmanship and the beauty of Rest Point, a personal inspection is essential. Dont miss the chance to experience the serenity and sophistication of this unique riverside sanctuary. Features Area 10.5 acres 4.25 ha Master built residence builders own comprising a total of 415m2 under roof. Includes home, garage, verandas, portico and alfresco area. Absolutely not a cent to spend. Featuring two 2 spacious bedrooms, both overlooking the Murray River and surrounding northeast facing hills. Ensuite and walk in robe to main. Built in robes and spacious family bathroom to second bedroom. Outstanding splitlevel living designed to take in the views to the Murray River from every angle. Gourmet kitchen with high end appliances, granite benchtops, ample storage and servery to the alfresco BBQ area. Heating and cooling via ducted reverse cycle, in floor heating to the bathrooms, double glazed windows throughout plus a freestanding double sided wood heater. Solar hot water with an electric back up, 6 kw solar power back to the grid. Reliable water with Stock and Domestic right from river, gravity fed rainwater 33,750 L for garden and surround, 90,800 L for the residence Two 2 x one 1 bedroom selfcontained units built into a barn Style Shed. Ideal farm stay, Air B and B or extra accommodations for family. Shedding includes 21.6 X 11.5 m Barn style shed, attached Storage shed 21.6 m x 3 m, attached skillion with wall to one side 11 m x 8 m, attached skillion lockable with doors 9m x 8m, lock up machinery shed 16m x 5.5 m, attached storage shed 7m x 2.2 m with skillion to side Established orchard with a variety of stone fruit and citrus. Space for some livestock Excellent fencing and asphalt driveways and roadways throughout Only an inspection will give the full appreciation of this magnificently created lifestyle property situated on perhaps the most magnificent acreage in the Albury Wodonga District. Together with the Mighty Murry River direct frontage, the immaculate infrastructure and the strong rural community Rest Point will delight any prospective purchaser."
-
30%
-
-
$5,000
-$4,723
5.3%
3.2%
-12.6%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$245,000
Stamp Duty
$6,820
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$24,500
Reg. Mortgage
$164
LMI Premium
$3,781
Renovation Costs
-
Total Cash/Equity Required
$37,460
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$13,000
$18,503
Property Management
+7.7% PA
$1,001
$1,425
Rates
+3.0% PA
$816
$1,065
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
$7,806
$11,607
Interest Repayments
$14,553
$14,553
Net Cashflow Before Tax
-$6,747
-$2,946
Depreciation
-
-
Tax Offset
-$2,024
-$884
Net Cashflow After Tax
-$4,723
-$2,062
Assumptions
Year 1
Year 10
Property Value
6.8%
$267,000
$482,672
Loan Balance
I.O
$220,500
$220,500
$46,500
$262,172
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2021 Population
Suburbs
Agriculture, Forestry and Fishing - 31.0%
Education and Training - 11.0%
Manufacturing - 9.0%
Health Care and Social Assistance - 7.0%
Others - 42.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price