$990K
$212,303
"Why we like the property agent perspective First time offered for sale this grand family estate on 4 acres approx. of wellestablished gardens presents a wonderful opportunity for the next owners. The lounge room has captivating views across the beautiful lawns and wellestablished trees that frame the circular driveway to the entrance of the house. The easy to maintain garden offers interesting spaces to sit and relax, kick a footy or relax by the inground pool. The double garage and magnificent sheds close to the house are so practical and a real bonus. With a couple paddocks and fencing set up for animals a horse or chickens, this property would bring so much joy to a family. Only a moments drive to the centre of the historic township of Romsey in the Macedon Ranges, there are great services and shopping options including Coles currently being built on Main Street. There is nothing for you to do but move in and enjoy all the Macedon Ranges has to offer. From Farmers Markets to local wineries and restaurants, Romsey and 44 Tarrawarra Lane offers the perfect lifestyle. Why we like the property agent perspective This five bedroom, two bathroom expansive home has many impressive features. The bay windows in the lounge room and kitchen dining area are stunning with garden views. The kitchen offers MIELE appliances including an induction cooktop with beautiful views to the garden and inground swimming pool. The covered, outside decking area flows seamlessly from the kitchen and is perfect for barbeques and entertaining family and friends. Reverse cycle heating and cooling and a wood heater in this well insulated home ensures comfort all year round. The property offers town, tank and bore water. If you are looking where to store your all any trailers, campervans, or equipment the multiple shedding offers power and concrete flooring. There is nothing to do but move in. Everything has been planned, organized and beautifully maintained for easy family living. What you love about the property vendor perspective As a vendor we are excited to present our stunning property featuring a picturesque home nestled on 4 acres approx. of lush, manicured gardens. From the moment you step onto the grounds, youre greeted by a sense of tranquillity and serenity. The sizeable and wellappointed sheds provide ample storage space for all your needs, and the swimming pool creates an idyllic setting for endless hours of family fun and leisure. Inside the residence boasts a welcoming ambiance with generous living areas, perfect for entertaining guests or unwinding with family. Whether youre enjoying a BBQ with friends in the entertainment area or simply unwinding by the poolside this property offers endless possibilities for creating cherished memories. With the unique blend of natural beauty and inviting spaces, this home is truly a haven for those looking to embrace the joys of country living."
Below are some similar properties in the area you may be interested in.
-
91.1%
$1.41M
2.7%
-$290,000
-$33,811
2.2%
1.6%
-15.9%
6.0%
Asking Price
$990,000
Estimated Purchase Price
$1,115,000
Stamp Duty
$61,325
Transfer Fee
$2,715
Conveyancing
$1,196
Deposit (10%)
$111,500
Reg. Mortgage
$129
LMI Premium
$34,889
Renovation Costs
-
Total Cash/Equity Required
$212,303
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$24,960
$35,526
Property Management
+7.7% PA
$1,922
$2,735
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
$17,930
$26,126
Interest Repayments
$66,231
$66,231
Net Cashflow Before Tax
-$48,301
-$40,105
Depreciation
-
-
Tax Offset
-$14,490
-$12,032
Net Cashflow After Tax
-$33,811
-$28,074
Assumptions
Year 1
Year 10
Property Value
6.8%
$881,100
$1,592,819
Loan Balance
I.O
$1,003,500
$1,003,500
-$122,400
$589,319
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 Days of Supply
Sold Price
Asking Price