$1.39M
$283,040
"Welcome to 116 Raglan Street, a splendid residence where Victorian grandeur flawlessly intertwines with modern luxury, nestled just a block away from the lively Sturt Street in Ballarat Central. As you step inside, the high ceilings and iconic Victorian brick facade greet you, setting a tone of timeless sophistication. The dwelling unfolds into four generous bedrooms, among which the master suite stands as a sanctuary of relaxation, featuring a beautiful bay window, a walkin robe, and an ensuite bathroom. Two additional pristine bathrooms serve the home, echoing a blend of elegance and modernity. Moving further, a massive modern extension at the rear reveals an openplan living area and a stateoftheart kitchen. The living space effortlessly transitions to an undercover alfresco deck, ready to host both intimate and grand celebrations. At its heart, the kitchen, adorned with a skylight and polished stone benchtops, awaits the culinary enthusiast, complete with modern appliances and a discreetly designed Butlers pantry. The homes luxury extends to a solarheated indoor lap pool, offering a slice of paradise for yearround enjoyment. The alfresco dining area stands ready for any weather, promising delightful gatherings amidst a backdrop of landscaped gardens spread over a generous 770 sqm block. Additional comforts include hydronic heating throughout, ornate original fireplaces, and hardwood flooring, combining to create a warm, inviting ambiance. The modern kitchen, with its stainless steel appliances, and a gorgeous skylight over the bench, lets in a cascade of natural light, making it a vibrant heart of the home. Outside, a dedicated driveway adds a layer of convenience to this exquisite property, while its prime location, a mere block from Sturt Street and a short walk to the CBD, enhances its appeal. 116 Raglan Street is more than an address its a harmonious blend of history, luxury, and forwardthinking design, set to redefine your concept of a dream home. Contact us today to secure your inspection and immerse yourself in the luxury and elegance awaiting at this prime Ballarat Central residence. Your dream home at 116 Raglan Street is a call away"
Below are some similar properties in the area you may be interested in.
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57.9%
$790K
2.6%
-$995,000
-$51,443
1.5%
1.0%
-18.2%
6.0%
Asking Price
$1,390,000
Estimated Purchase Price
$1,490,000
Stamp Duty
$81,950
Transfer Fee
$3,592
Conveyancing
$1,196
Deposit (10%)
$149,000
Reg. Mortgage
$129
LMI Premium
$46,623
Renovation Costs
-
Total Cash/Equity Required
$283,040
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$21,840
$31,085
Property Management
+7.7% PA
$1,682
$2,394
Rates
+3.0% PA
$1,877
$2,449
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
$15,016
$21,982
Interest Repayments
$88,506
$88,506
Net Cashflow Before Tax
-$73,490
-$66,524
Depreciation
-
-
Tax Offset
-$22,047
-$19,957
Net Cashflow After Tax
-$51,443
-$46,566
Assumptions
Year 1
Year 10
Property Value
6.8%
$528,660
$955,692
Loan Balance
I.O
$1,341,000
$1,341,000
-$812,340
-$385,308
Did you know you need to engage a conveyancer when buying a property?
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2021 Population
Suburbs
Health Care and Social Assistance - 19.0%
Retail Trade - 12.0%
Education and Training - 11.0%
Manufacturing - 9.0%
Others - 49.0%
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