Withheld
$122,055
"Comprising two titles and set on 38.47 hectares, with approximately 1.3 kilometres of river frontage to the beautiful Pipers River complete with trout, giant freshwater crayfish, platypus and water birds, here is a private sanctuary, surrounded by river flats, pasture, and bushland including walking tracks. Offering the comfort of modern living in a tranquil, riverside country setting only a short drive from Lilydale and under 30 minutes to the Launceston CBD. This is a rare opportunity indeed. A chance to secure that unique property, a country cottage and yurt, beautiful outdoor living, extensive outbuildings, round yard, stockyards, 9 paddocks well established for horses, cattle and sheep, many with wallaby proof fencing along with natural bushland all set within a hidden valley. The cottage, with car port adjoined and yurt sit atop a bank rising from the beautiful upper reaches of the Pipers River, amongst lawns and garden they boast ample outdoor living space with views that stretch back down the valley, along the river and across to the neighbouring rising cliff face. The residence with lovely heritage features, is a warm and inviting home. Living centres around a sunny, wellappointed kitchen and a living room with a woodfire and reverse cycle airconditioning. A study rounds out the living space. A recently renovated bathroom complete with Euro laundry ensures modern living is a breeze. Both bedrooms are comfortable, light filled and offer builtins. This is complimented by a new roof, LED lighting, insulated ceiling and floors. A few steps outside the kitchen and you are overlooking the river. The yurt is currently the master bedroom with a study nook for quiet reflection or a peaceful workspace. A perfect addition, ideally suited to the setting. Your own wilderness refuge complete with heating, power and windows overlooking the surrounding countryside, a place to listen to the flowing river outside whilst you are wrapped in a beautiful warm environment, or to the birds on a warm summer evening as the breeze flows through. Outside is a timber deck overlooking the river and neighbouring cliff rising from its banks, an amazing place for a morning coffee or a drink at the end of the day, let alone dinner in the warm afternoon summer air. Outbuildings include a machinery shed approximately 288m2 in size, secure and built to last the ages, this is a great shed for wet weather work, storage of plant and equipment along with vehicles, or for tinkering about in. A barn sits adjacent to the road and is ideal for not only storage of dry feed but a horse float or trailer as well. 175 Glenford Farm Road offers a unique opportunity to secure a property comprising two separate titles in an unmatched location providing an enviable lifestyle when it is becoming ever harder to secure property that highlights the natural beauty of our cool temperate climate, especially one that offers such proximity to a major centre like Launceston. The opportunity exists to purchase the entire property, or one of the two titles. One title is 20.08 hectares in size and comprises a mix of pasture and bushland with river frontage. Pasture is wallaby proof fenced. It contains all structures including the house, yurt, machinery shed, barn, stockyards and round yard. The other title is 18.41 hectares in size and comprises a mix of pasture and bushland with river frontage. Pasture is wallaby proof fenced. Please note some images contain parts of neighbouring properties. The image showing an outline of the entire property offered for sale is approximate only and should be treated as such. Glenford Farm Road running through the property is a public road, it is not shown on the image noted. The information on this website has in part been supplied to Humphreys Real Estate Pty. Ltd. by third parties and all information is published solely for potential purchasers to assist them in deciding whether or not they wish to make further enquiries about the property. Humphreys Real Estate Pty. Ltd. has not checked the accuracy of the information and does no more than pass it on."
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2021 Population
Suburbs
Health Care and Social Assistance - 18.0%
Retail Trade - 14.0%
Education and Training - 11.0%
Accommodation and Food Services - 8.0%
Others - 49.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price
-
93.4%
-
-
-$150,000
+
26.0%
23.2%
70.5%
6.0%
Asking Price
$1,100,000
Estimated Purchase Price
$1,100,000
Stamp Duty
$44,685
Transfer Fee
$233
Conveyancing
$1,847
Deposit (10%)
$110,000
Reg. Mortgage
$152
LMI Premium
$31,365
Renovation Costs
-
Total Cash/Equity Required
$188,833
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$286,000
$407,067
Property Management
+8.8% PA
$25,168
$35,822
Rates
+3.0% PA
$2,089
$2,726
Water
+3.0% PA
$950
$1,240
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$255,543
$364,344
Interest Repayments
$65,340
$65,340
Net Cashflow Before Tax
$190,203
$299,004
Depreciation
-
-
Tax Offset
$57,061
$89,701
Net Cashflow After Tax
$133,142
$209,303
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,014,600
$1,834,155
Loan Balance
I.O
$990,000
$990,000
$24,600
$844,155
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