$390K
$72,673
"32.99ha 81.5ac Embrace the opportunity to own and protect a pristine 33ha parcel of bushland with immense conservation value. This remarkable property offers Conservation Legacy Preserve this beautiful land in perpetuity with a Conservation Covenant in place, ensuring its natural beauty and ecological significance for generations to come. Home to vulnerable, rare, and threatened species, this property boasts significant large remnant trees and diverse flora. Designated Domestic Area A 1.78hectare section within the property boundary is excluded from the covenantprotected area, providing flexible land use opportunities including domestic uses STCA and Covenant conditions. Dual Titles Two titles of 16.48 hectares and 16.51 hectares respectively, offering flexibility and potential for various uses. Easy Access Enjoy allweather access via a councilmaintained road, ensuring convenience yearround. Stunning Views Experience excellent views to the south from elevated areas, perfect for enjoying the natural landscape. Prime Location Located just north of Kyneton and Lancefield, and less than 1.5 hours drive from Melbourne, providing the perfect balance of seclusion and accessibility. Inspection of this property is highly recommended for any prospective purchasers interested in protecting significant and vulnerable fauna while enjoying the serenity and beauty of a high conservation value bush block within touching distance of Melbourne. To schedule a viewing or for more information, please contact us Andrew Dufty Charles Stewart Western Victoria 0419 842 929 Adrian Smith Nutrien Harcourt Ballarat 0400 178 945"
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84.3%
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$1,340,000
-$465
7.6%
5.8%
-0.6%
6.0%
Asking Price
$390,000
Estimated Purchase Price
$410,000
Stamp Duty
$19,670
Transfer Fee
$1,065
Conveyancing
$1,196
Deposit (10%)
$41,000
Reg. Mortgage
$129
LMI Premium
$9,064
Renovation Costs
-
Total Cash/Equity Required
$72,673
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$31,200
$44,407
Property Management
+7.7% PA
$2,402
$3,419
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
$23,690
$34,323
Interest Repayments
$24,354
$24,354
Net Cashflow Before Tax
-$664
$9,969
Depreciation
-
-
Tax Offset
-$199
$2,991
Net Cashflow After Tax
-$465
$6,978
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,869,000
$3,378,707
Loan Balance
I.O
$369,000
$369,000
$1,500,000
$3,009,707
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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