$2.9M
$611,657
"Prime farming location and sublime condition underpin this classic Victorian weatherboard home that is lovingly nestled within a stunning country garden, surrounded by lush pastures of highquality farmland stunning views of the majestic Macedon Ranges. McWhinneys is conveniently located within an hours drive from Melbourne, Ballarat, and Bendigo, and just ten minutes from the charming towns of Woodend or Kyneton. The luxurious accommodation features an elegant central hallway design, four beautifully appointed bedrooms, a formal lounge, a dining room, and a delightful openplan farmhouse kitchen equipped with modern appliances, including a generous 2.7 m Caesarstone island bench top. Period features enhance the property with character and charm, including soaring 11foot Oregon pine ceilings above the inviting northfacing kitchen, vintage skirting boards, Baltic pine floors, picture rails, decorative cornices and ceiling roses, original aged glass in doublehung box leadlight windows, a cast iron ball and clawfoot bath, six fireplaces including four timeless castiron classics and the impressive solid fuel heaters. The estate boasts five chimneys and enchanting entertainment verandahs, creating perfect spaces for relaxation and inspiration at any hour of the day. Agricultural facilities and infrastructure have been lovingly planned and robustly constructed, featuring seven gated paddocks, each with its own water trough supplied by a dependable bore via a large header tank and well. Additional features include cattle yards, holding yards, a rustic loading ramp, a nostalgic windmill, a workshop, a fourbay machinery shed, and stables. Ample water supply for the house is provided by two generous rainwater tanks. Towering hedge roses and majestic ancient pines, cedar, fir, and redwoods have overseen McWhinneys for generations, promising to continue watching over this remarkable estate for many years to come. Land size 38.21 hectares 94.41 acres. Experience the enchanting ambiance of a time when the land was shaped by both man and horse."
Below are some similar properties in the area you may be interested in.
-
93.2%
-
-
-$3,120,000
-$133,272
-
-
-22.3%
-
Asking Price
$2,900,000
Estimated Purchase Price
$3,120,000
Stamp Duty
$182,800
Transfer Fee
$3,616
Conveyancing
$1,196
Deposit (10%)
$312,000
Reg. Mortgage
$129
LMI Premium
$97,626
Renovation Costs
-
Total Cash/Equity Required
$597,917
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$52
$74
Property Management
+7.7% PA
$4
$6
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
-$5,060
-$6,596
Interest Repayments
$185,328
$185,328
Net Cashflow Before Tax
-$190,388
-$191,924
Depreciation
-
-
Tax Offset
-$57,116
-$57,577
Net Cashflow After Tax
-$133,272
-$134,347
Assumptions
Year 1
Year 10
Property Value
6.8%
-
-
Loan Balance
I.O
$2,808,000
$2,808,000
-$2,808,000
-$2,808,000
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewLocation, 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 Days of Supply
Sold Price
Asking Price