$4.7M
$1,000,310
"Delivering an extraordinary country lifestyle, Tranquillity Acres, encompassing approximately 12.21 picturesque acres, is where every imaginable amenity, luxury, and family comfort converge on a grand and luxurious scale. At its heart, a fourbedroom, masterbuilt homestead wows with bespoke craftsmanship and a selfcontained chapel that effortlessly transforms to suit your needs, whether its for a home business, wedding venue, or guest house. Equine enthusiasts will be captivated by the exceptional facilities, including seven fenced paddocks and holding yards, a central sand arena, a fullyequipped barn with stables, wide birthing bays, a wash bay, and a tack room. For those seeking family comfort, the homes appeal extends from the bold exterior to a breathtaking interior, featuring extensive 120 year old recycled Oregon windows, soaring cathedral ceilings, and a connection to the landscape that creates an immediate, impactful impression. The showstopping openplan family and entertainment domain, defined by captivating 8mhigh ceilings, sets the stage for intimate family moments around a gas fireplace while the gourmet kitchen, with a walkin butlers pantry, 2Pac cabinetry, Falcon traditional stove, and granite benchtops, serves as the heart of culinary delight. A conservatory area for family meals, along with a bespoke builtin seating arrangement and a wet bar, ensures every gathering is memorable. Outside, an enclosed alfresco area offers the perfect space for enjoying serenity with friends and family, complete with a woodburning pizza oven, ample space to unwind, and a grassed area with a water feature to bask in the sun during warmer months. Each of the four bedrooms boasts walkin robes and ensuite bathrooms, including a groundfloor guest suite and an upperlevel main retreat with a selfcontained level ideal for home working or relaxing in privacy. Additional features include a home officestudy with independent access, a fourcar garage, a 10m x 30m highclearance machinery shed with a workshop, vegetable gardens, and substantial water storage. Located just ten minutes from the heart of Gisborne and under an hour from Melbourne, this residence is the epitome of allencompassing country living."
Below are some similar properties in the area you may be interested in.
-
91.2%
-
-
-$555,000
-$163,367
1.5%
1.3%
-16.7%
6.0%
Asking Price
$4,700,000
Estimated Purchase Price
$5,055,000
Stamp Duty
$308,575
Transfer Fee
$3,616
Conveyancing
$1,196
Deposit (10%)
$505,500
Reg. Mortgage
$129
LMI Premium
$158,173
Renovation Costs
-
Total Cash/Equity Required
$977,738
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$78,000
$111,018
Property Management
+7.7% PA
$6,006
$8,548
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
$66,886
$95,805
Interest Repayments
$300,267
$300,267
Net Cashflow Before Tax
-$233,381
-$204,462
Depreciation
-
-
Tax Offset
-$70,014
-$61,339
Net Cashflow After Tax
-$163,367
-$143,123
Assumptions
Year 1
Year 10
Property Value
6.8%
$4,806,000
$8,688,105
Loan Balance
I.O
$4,549,500
$4,549,500
$256,500
$4,138,605
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 - 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