$2.7M
$462,476
"Amid picturesque vineyards and pristine parklike settings, this breathtaking property, just minutes from the heart of Glenlyon, reveals an inspiring blend of natural beauty, serene living, and lifestyle potential on approximately 16.81 private hectares 40 acres. Views over a mesmerising ornamental lake present a symphony of colours and life throughout the seasons from landscaped surroundings, a phenomenal and private setting for everyday living on an extraordinary scale. The northfacing garden and lake views command attention through oversized windows, illuminating an open kitchen, dining, and living space crowned with a timberlined vaulted ceiling and exposed rafters. The kitchen has Caesarstone benchtops and premium Miele appliances, ideal for the avid chef or entertainer, with seamless access to spectacular alfresco spaces. The main bedroom boasts a custom ensuite, walkin robe, and a retreat with custom cabinetry, whilst elegant wallpaper and wainscoting line the path to three additional bedrooms, each featuring panelled ceilings and timber shutters. All are complemented by a family bathroom with a relaxing freestanding bath and underfloor heating, a separate powder room, and a large laundry and mudroom. The versatile function room, previously a setting for weddings and functions, doubles as an expansive entertaining area for the residence with its soaring raked ceiling, floortoceiling windows, and polished concrete floors, further enriched by a bar and French doors that lead to a generous covered deck. A selfcontained studio loft provides chic accommodation for guests, whilst the estate is enveloped in multilevel gardens, offering serene walks among diverse flora, including native Gum trees and exotic Magnolia, connected by paved pathways and framed by stone walls. An Americanstyle barn with a cool room and ample space for a cellar door operation, supplements over 5acres of flourishing vineyard. Complete with a double remote garage, enhanced by mains electricity, ample water storage and usage, and safeguarded by a stateoftheart security system, Butlers Lane Vineyard is conveniently located just 5 minutes from Glenlyon General Store and 15 minutes from Daylesford, offering an unparalleled existence. We have obtained all information in this document from sources we believe to be reliable, however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations."
Below are some similar properties in the area you may be interested in.
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89.1%
$1.6M
1.3%
-$1,740,000
-$88,853
1.1%
0.9%
-18.7%
6.0%
Asking Price
$2,700,000
Estimated Purchase Price
$2,500,000
Stamp Duty
$142,500
Transfer Fee
$3,616
Conveyancing
$1,196
Deposit (10%)
$250,000
Reg. Mortgage
$129
LMI Premium
$78,226
Renovation Costs
-
Total Cash/Equity Required
$476,217
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
$1,566
$2,043
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
$21,567
$31,269
Interest Repayments
$148,500
$148,500
Net Cashflow Before Tax
-$126,933
-$117,231
Depreciation
-
-
Tax Offset
-$38,080
-$35,169
Net Cashflow After Tax
-$88,853
-$82,062
Assumptions
Year 1
Year 10
Property Value
6.8%
$811,680
$1,467,324
Loan Balance
I.O
$2,250,000
$2,250,000
-$1,438,320
-$782,676
Did you know you need to engage a conveyancer when buying a property?
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2021 Population
Suburbs
Accommodation and Food Services - 16.0%
Health Care and Social Assistance - 15.0%
Retail Trade - 11.0%
Agriculture, Forestry and Fishing - 10.0%
Others - 48.0%
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