Withheld
$252,859
"The sheer magnificence of the landscaping surround Sanders Wood is matched only by the elegance and striking architectural wonder of the French Villa at its heart. Created on the rise of a gentle hill and taking in breathtaking 360 degree views, Sanders Wood has been a labour of love over the decades, a meticulous creation of a private, expansive family haven set amongst one of the Macedon Ranges most desired locations. Accessed by a 1 km approx. private road, through an ancient woodland, to a parkland estate which hugs the curve of the lower slopes of Mount Macedon, its beautiful gardens have been nurtured over many years. Amongst other things youll find in this most enchanting garden are a peaceful lake, beautiful mature trees, various informal hedging, verdant lawns and rose gardens, peonies, a mature Chestnut orchard, tennis court, vegetable garden and literally thousands of bulbs and other exotic specimens too numerous to mention. A sheltered courtyard featuring climbing roses, pleached Linden trees and a rare Dividia Chinese handkerchief tree, water features and mosscovered urns and pots, is ideal for entertaining and dining. The home is the epitome of elegance the construction is impressive consisting of solid rendered brick work. Inside, Italian tiles and French Oak parquetry flooring are complimented by bespoke joinery. Uniquely crafted glazing throughout creates a sense of peace. Magnificent, doubleglazed conservatories and rare collectable doors, chandeliers and fire surround highlight the eclectic artistry from the creators travels all over the world. There is a generous farmhouse kitchen the hub of the home which adjoins multiple formal and informal living spaces. Accommodation includes four bedrooms three on the ground floor, a family bathroom and gallery. The main bedroom is upstairs and features an ensuite, WIR, dressing room, open fireplace, soaring ceiling and a view to die for from a floor to ceiling circular window. Further interior features include hydronic heating, gas log fires, a Cheminees Philippe fireplace, ducted vacuum system and quality fittings and fixtures throughout. The property is supported by various shedding and outbuildings. There is an extensive garden irrigation system, good quality bore, and large capacity domestic water storage. The 80 acres comprises of approx. 10 acres of garden, 30 acres of quality grazing, ideal for horses or cattle and the balance is natural woodland. This is a very rare rural offering in a highly sought after and tightly held area."
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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
-
81.1%
-
-
$540,000
-$271,349
1.5%
1.4%
-16.5%
6.0%
Asking Price
-
Estimated Purchase Price
$8,460,000
Stamp Duty
$529,900
Transfer Fee
$3,616
Conveyancing
$1,196
Deposit (10%)
$846,000
Reg. Mortgage
$129
LMI Premium
$264,717
Renovation Costs
-
Total Cash/Equity Required
$1,646,107
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$130,000
$185,031
Property Management
+7.7% PA
$10,010
$14,247
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
$114,882
$164,118
Interest Repayments
$502,524
$502,524
Net Cashflow Before Tax
-$387,642
-$338,406
Depreciation
-
-
Tax Offset
-$116,293
-$101,522
Net Cashflow After Tax
-$271,349
-$236,884
Assumptions
Year 1
Year 10
Property Value
6.8%
$9,612,000
$17,376,209
Loan Balance
I.O
$7,614,000
$7,614,000
$1,998,000
$9,762,209
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