$1.2M
$228,337
"Situated on a sprawling 50 acres approx. of sectioned paddocks and bushland, this exceptional family home offers abundant space for everyone. The stunning mountain views are captivating from every angle, making this property a tranquil paradise to call your own. The home is clad in Corten Steel, eliminating the need for painting. Over time, exposure to the elements forms a beautiful rust like patina that evolves with age. Inside, the open concept kitchen, living, and dining areas create a spacious and inviting atmosphere for family gatherings. The kitchen is impressively large, featuring ample storage and bench space, along with a discreet and exceptionally large walkin pantry. The primary bedroom serves as a luxurious retreat for parents, complete with a walk in robe, private ensuite, and a decking area perfect for enjoying a morning coffee. An additional five bedrooms provide comfortable accommodations for family and guests, with one bedroom boasting an ensuite. The remaining bedrooms are serviced by a centrally located shared bathroom. Additionally, a versatile study nook can be utilized to suit your needs. The home maintains a comfortable temperature yearround with wood heating and split system cooling. Outside, the property includes an established double roller door shed, ideal for housing vehicles, machinery, or setting up a workshop. A leanto carport adjacent to the shed offers additional storage space. The ten sectioned paddocks, most with established electric fencing and vehicle access, present an excellent opportunity to cultivate your own hobby farm with horses, cows, chickens, and more. A vegetable garden is ready for you to plant seasonal veggies for year round harvests. The property also features five dams, with a seasonal creek running through the largest. The property is situated next to the State Forest giving you access to the OShannassy Aqueduct Trail. A short drive connects you to the nearby towns of Wesburn, Warburton, and Yarra Junction, offering a range of services, schools, shops, a leisure center, and the Warburton Rail Trail. All this while enjoying the unparalleled beauty of the surrounding landscape. To book an inspection, reach out to our team at 03 5967 1800. Dont miss this rare opportunity to own a piece of paradise Please be aware that building works have been completed on the property without the required permits. Please contact us for more information FURTHER CONTACT By enquiring on or inspecting this property, you agree to receive further marketing information from us about other properties. To opt out of this, please contact our office on 5967 1800."
Location, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
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
Average Days of Supply
Below are some similar properties in the area you may be interested in.
-
81.8%
-
-
-$545,000
-$42,556
1.8%
1.3%
-17.2%
6.0%
Asking Price
$1,300,000
Estimated Purchase Price
$1,300,000
Stamp Duty
$71,500
Transfer Fee
$3,148
Conveyancing
$1,196
Deposit (10%)
$130,000
Reg. Mortgage
$129
LMI Premium
$40,678
Renovation Costs
-
Total Cash/Equity Required
$247,200
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
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
$16,426
$23,993
Interest Repayments
$77,220
$77,220
Net Cashflow Before Tax
-$60,794
-$53,227
Depreciation
-
-
Tax Offset
-$18,238
-$15,968
Net Cashflow After Tax
-$42,556
-$37,259
Assumptions
Year 1
Year 10
Property Value
6.8%
$806,340
$1,457,671
Loan Balance
I.O
$1,170,000
$1,170,000
-$363,660
$287,671
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