Withheld
$119,197
"Only 2 Lots remaining A unique opportunity awaits to purchase any of these dual entrance premium blocks in the heart of the Village of Glenlyon. The chemical free flat blocks of 2040sqm approx. feature stunning groves of April Gold and George Sands chestnut trees. All lots feature a vast collection of mature cypress hedges and matured trees, providing yearround impressive privacy and seclusion. Glenlyon, renowned for its rich red volcanic soil, makes any of these properties the perfect place to build your ultimate dream home STCA. Offering dual street frontage, power available on the street, and only moments from regional wineries. A short 5minute walk to the popular Glenlyon General Store Caf, the mineral springs Loddon Falls, and under 10minute drive into the lively tourist town of Daylesford and all it has to offer. Dont miss this rare opportunity to secure a unique property in this popular Glenlyon Hamlet, one of the most indemand regions in Australia. The area has an abundance of community facilities, bespoke shops, awardwinning cafes, wineries, and spectacular restaurants. Perfect With four lots on offer each block is partially fenced, private with established mature trees and has electricity available on the street. Sizes as follows Lot 7 2040sqm 325,000 345,000 Lot 8 2040sqm SOLD Lot 9 2039sqm SOLD Lot 10 2039sqm 360,000 380,000 Power available on street Zoned township Dual entrances Fencing around perimeter of the entire block Mature cypress hedge lining one side, mature trees the other for complete privacy Chemical free soil 2 rare chestnut varieties of exceptional quality Build your dream home STCA Opportunity to run your own boutique chestnut farm Lot 9 has power and bore both installed Please contact Gary Cooke on 0409 003 356 or garycookejelliscraig.com.au"
Below are some similar properties in the area you may be interested in.
-
88.1%
-
-
$275,000
-$8,463
4.5%
3.0%
-11.8%
6.0%
Asking Price
$460,000
Estimated Purchase Price
$405,000
Stamp Duty
$19,370
Transfer Fee
$1,053
Conveyancing
$1,196
Deposit (10%)
$40,500
Reg. Mortgage
$129
LMI Premium
$8,953
Renovation Costs
-
Total Cash/Equity Required
$71,751
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$18,200
$25,904
Property Management
+7.7% PA
$1,401
$1,995
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
$11,968
$17,606
Interest Repayments
$24,057
$24,057
Net Cashflow Before Tax
-$12,089
-$6,451
Depreciation
-
-
Tax Offset
-$3,627
-$1,935
Net Cashflow After Tax
-$8,463
-$4,515
Assumptions
Year 1
Year 10
Property Value
6.8%
$726,240
$1,312,869
Loan Balance
I.O
$364,500
$364,500
$361,740
$948,369
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