$1.78M
$336,156
"Sitting on the front veranda, gazing across estate style gardens, and then over the undulating countryside to Mt. Macedon, you wont believe this home is 5minutes to the centre of Kyneton. Double glazing Gas Hydronic Heating Town Water Solar 6.6kw High ceilings Baltic pine floors 18.5 x 14 m shed with permit to work from home and officeshowroom area 3 Car Barn Style Garage 2 acre fully fenced horsestock paddock Within this private oasis of 5 acres, stands an enchanting replica federation homestead with partial wrap around veranda flanked by an immaculate English style garden. The home offers sumptuous spaces to enjoy and unwind, including two formal living rooms and an open plan kitchen and dining room which are sympathetic to the homes style. Bay and stained glass windows add a tone of elegance and character while the kitchen and bathrooms are well appointed. Outside, a delightful decking area provides the perfect spot for outdoor entertaining. The property also features an additional two exceptional sheds, one 18.5 x 14 m and the other, barn style, is 10 x 10 m. These versatile spaces provide the perfect opportunity for car collectors, artists, tradespeople, or those wishing to work from home. Whether youre considering a music studio conversion, workshop, yoga studio, home gym, or even a spacious storage area for recreational vehicles, boats or equipment, the opportunities are limitless. And to top it all off, there is a 2 acre paddock for your horse or perhaps the pet sheep just that touch of country. With every amenity at your disposal including town water and natural gas, cedar windows and double glazing throughout, gas hydronic heating, gas log and open fireplace, split system, Baltic pine floors, 10 ft soaring ceilings, extensive insulation add an extra level of luxury and comfort. The solar panels and 6.6kw inverter make the home environmentally friendly, while the garden dripper irrigation ensures a wellmaintained outdoor space. Two spacious sheds provide ample storage, the 18.5m x 14m is complete with a permit to work from home and a complete office fit out, this property offers a perfect balance of work and relaxation. A very rare and unique small rural holding in the beautiful Macedon Ranges. Minutes to Kynetons array of cafes and boutique shops, the school district and a 2minute drive to the railway station and VLine train services. approximately"
Below are some similar properties in the area you may be interested in.
-
86%
-
-
-$890,000
-$67,858
1.3%
1.0%
-18.4%
6.0%
Asking Price
$1,950,000
Estimated Purchase Price
$1,950,000
Stamp Duty
$107,250
Transfer Fee
$3,616
Conveyancing
$1,196
Deposit (10%)
$195,000
Reg. Mortgage
$129
LMI Premium
$61,016
Renovation Costs
-
Total Cash/Equity Required
$368,757
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$26,000
$37,006
Property Management
+7.7% PA
$2,002
$2,849
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
$18,890
$27,492
Interest Repayments
$115,830
$115,830
Net Cashflow Before Tax
-$96,940
-$88,338
Depreciation
-
-
Tax Offset
-$29,082
-$26,501
Net Cashflow After Tax
-$67,858
-$61,837
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,132,080
$2,046,531
Loan Balance
I.O
$1,755,000
$1,755,000
-$622,920
$291,531
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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
Average Days of Supply