$875K
$164,047
"Discover this flawlessly maintained residence that offers both exceptional comfort and flexibility. Bathed in natural light, this beautifully designed home sits on a generous 625sqm approx. block, boasting captivating views over Doctors Gully and Wombat Forest. The property exudes a warm, homely ambiance, providing the ultimate sanctuary. Inside, the adaptable floor plan includes three spacious bedrooms with builtin robes, two wellappointed bathrooms with separate showers one featuring a luxurious corner spa, and two contemporary kitchens. High cathedral ceilings enhance the two living and dining areas, which are filled with light. Interconnecting doors offer the unique option to convert the house into separate one and twobedroom accommodations. This makes it an ideal investment opportunity for holiday rentals or dual living, allowing you to live in one part and rent out the other, or seamlessly integrate it back into a singlefamily home. Additional features include two carports, gas wood combustion fires, split systems in each living room, two toilets, and two decks overlooking the lush gardens. With NBN connected, under house storage, shedworkshop, the home is ready for modern living. Conveniently located just a short stroll from Hepburn Springs Village and the renowned Hepburn Bathhouse, with easy access to Daylesfords main shopping district. This property offers a unique blend of country charm and modern amenities, making it a perfect retreat or investment opportunity. Dont miss this opportunity to secure a unique home or an investment in one of the most in demand regions in Australia. The area has an abundance of community facilities, bespoke shops, award winning cafes, wineries and spectacular restaurants. Perfect Indulge in the allure of this meticulously crafted residence. An inspection will not disappoint, please contact Gary Cooke on 0409 003 356 or garycookejelliscraig.com.au or Carole Lenander on 0401 472 346 or carolelenanderjelliscraig.com.au and experience the magic of 125A SECOND ST HEPBURN SPRINGS Features 3 spacious bedrooms with builtin robes 2 family bathrooms with separate large showers one with a corner spa 2 openplan kitchens with gas ovens and a dishwasher Washerdryer and two fridges 2 formal living and dining rooms with gas wood combustion fires, split systems, and cathedral ceilings 2 decks with stunning views over Doctors Gully Large backyard with beautiful gardens 2 large carports Flexible floor plan with potential for separate accommodations Walking distance to Hepburn Village, school bus stop, Hepburn Bathhouse, and amenities Approx. 625sqm block Dont miss the chance to inspect this exceptional property"
Below are some similar properties in the area you may be interested in.
-
42.7%
$960K
3%
-$25,000
-$21,286
3.3%
2.5%
-13.0%
6.0%
Asking Price
$875,000
Estimated Purchase Price
$875,000
Stamp Duty
$47,570
Transfer Fee
$2,153
Conveyancing
$1,196
Deposit (10%)
$87,500
Reg. Mortgage
$129
LMI Premium
$24,950
Renovation Costs
-
Total Cash/Equity Required
$164,047
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
$51,975
$51,975
Net Cashflow Before Tax
-$30,408
-$20,706
Depreciation
-
-
Tax Offset
-$9,122
-$6,212
Net Cashflow After Tax
-$21,286
-$14,494
Assumptions
Year 1
Year 10
Property Value
6.8%
$907,800
$1,641,086
Loan Balance
I.O
$787,500
$787,500
$120,300
$853,586
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
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
Average Days of Supply