$1.65M
$351,059
"Significant price reduction. All genuine offers considered 1.44 Hectares 3.55 Acres This impressive twostorey brick home is set on over 3.5 acres of gently sloping, red soil countryside, conveniently close to Seville and Wandin North townships. A big home, offering a spacious floor plan, the residence includes four bedrooms and two bathrooms, with additional amenities on the ground floor such as a separate shower, vanity, toilet, and a second kitchen, ideal for large families or multigenerational living. The upper level features a luxurious Blackwood kitchen with a large breakfast bar and sliding doors leading to a verandah with stunning views of farmland and mountains. The openplan kitchendiningfamily room, connects to a formal dining room and then smaller lounge making it perfect for entertaining. The master suite is complemented by an elegant ensuite, with two more bedrooms and a stylish Europeaninspired bathroom featuring a corner spa bath. Downstairs, enjoy a lounge area with a Blackwood bar, a large games and pool room, and direct access to the double garage. The fourth bedroom offers versatility as a study or rumpus room. Additional features include ducted central heating and an auto vacuum system. Outside, a substantial brick workshop with a concrete floor and leanto, houses a working 3m x 3m cool room. The fertile volcanic soil is perfect for diverse agricultural pursuits or keeping horses, with sunny, gentle slopes providing excellent pasture and additional water is available pumped from a nearby dam. Inspections by prior appointment with Richard Taylor, on 0407 081 957."
Below are some similar properties in the area you may be interested in.
-
90.6%
$1.28M
2.2%
-$225,000
-$64,302
1.8%
1.4%
-16.8%
6.0%
Asking Price
$1,800,000
Estimated Purchase Price
$2,025,000
Stamp Duty
$111,625
Transfer Fee
$3,616
Conveyancing
$1,196
Deposit (10%)
$202,500
Reg. Mortgage
$129
LMI Premium
$63,363
Renovation Costs
-
Total Cash/Equity Required
$382,979
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$36,400
$51,809
Property Management
+7.7% PA
$2,803
$3,989
Rates
+3.0% PA
$1,907
$2,488
Water
+3.0% PA
$1,015
$1,324
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$28,425
$41,071
Interest Repayments
$120,285
$120,285
Net Cashflow Before Tax
-$91,860
-$79,214
Depreciation
-
-
Tax Offset
-$27,558
-$23,764
Net Cashflow After Tax
-$64,302
-$55,450
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,922,400
$3,475,242
Loan Balance
I.O
$1,822,500
$1,822,500
$99,900
$1,652,742
Did you know you need to engage a conveyancer when buying a property?
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2021 Population
Suburbs
Retail Trade - 12.0%
Education and Training - 12.0%
Manufacturing - 10.0%
Health Care and Social Assistance - 10.0%
Others - 56.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price