Withheld
$86,506
"Step into a space that harmoniously combines the comfort of home with the functionality of an industrial warehouse. This impressive 40.42acre property features certified organic farmland and a spacious warehouse, ideal for various purposes and business expansions. With three spacious bedrooms equipped with builtin robes and a central bathroom, the property offers a cozy living environment. The kitchen, overlooking delightful vegetable patches and gardens with freeroaming chickens, provides ample cupboard and bench space for culinary activities. Natural light brightens two generously sized lounge rooms, perfect for relaxation or cozy evenings by the fire. Enjoy stunning panoramic views of rolling lands from the living areas, creating a tranquil atmosphere. Highlighted features include Warehouse A vast 1,083 square meter space for diverse operational needs. Automatic Roller Doors Multiple doors with a 4.2meter height clearance for easy vehicle and large item access. AlarmSecurity System Comprehensive security measures ensure the premises safety. Certified Organic Farmland 10 acres dedicated to organic cultivation, meeting the growing demand for organic produce. Secure Private Location Nestled in a secure and private area, offering a controlled and safe environment for your operations. Remote Gate Access Features remote gate access for effortless entry and exit while maintaining security. Easy Access to Major Roads Close to major arterial roads like the Calder Freeway and Melbourne Airport, ensuring excellent connectivity. Onsite Parking Ample parking spaces available for employees, customers, or visitors. Irrigation System with Bore Water Equipped with an efficient irrigation system connected to a bore water source for optimal farmland maintenance. Dont miss outcontact Manny Singh on 0428 334 968 or Puneet Wadhawan on 0423535407 for a private inspection or for more details. DISCLAIMER All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent. Please see the below link for an uptodate copy of the Due Diligence Check List httpwww.consumer.vic.gov.auduediligencechecklist"
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
Health Care and Social Assistance - 12.0%
Retail Trade - 11.0%
Education and Training - 11.0%
Construction - 9.0%
Others - 57.0%
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
-
73.8%
$750K
4.3%
$45,000
-$14,411
4.1%
3.0%
-10.9%
6.0%
Asking Price
-
Estimated Purchase Price
$705,000
Stamp Duty
$37,370
Transfer Fee
$1,755
Conveyancing
$1,196
Deposit (10%)
$70,500
Reg. Mortgage
$129
LMI Premium
$20,102
Renovation Costs
-
Total Cash/Equity Required
$131,602
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
Rates
+3.0% PA
$1,843
$2,405
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
$21,290
$30,908
Interest Repayments
$41,877
$41,877
Net Cashflow Before Tax
-$20,587
-$10,969
Depreciation
-
-
Tax Offset
-$6,176
-$3,291
Net Cashflow After Tax
-$14,411
-$7,679
Assumptions
Year 1
Year 10
Property Value
6.8%
$801,000
$1,448,017
Loan Balance
I.O
$634,500
$634,500
$166,500
$813,517
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