$2.5M
$499,771
"For Sale by Expressions of Interest closing Wednesday 6th November at 2pm Unless sold prior Why we like the property agent perspective This architectdesigned home on 27.5 acres approx. offers a perfect combination of modern luxury and peaceful rural living, all within an easy 1 hour approx. commute to Melbournes CBD. The homes elevated position allows for breathtaking panoramic views across the countryside and river flats, which are beautifully framed by floortoceiling windows. The seamless flow between the indoor living spaces and the expansive outdoor entertaining area creates an ideal environment for those who appreciate both comfort and style. The quality finishes, including the Sydney Blue Gum flooring and ambient wood heater, add to the homes warm and inviting atmosphere. This property offers the ultimate lifestyle for anyone looking to escape to the country without sacrificing modern conveniences. What the property offers property perspective This remarkable property spans 27.5 acres and includes its own Deep creek frontage, offering a truly unique opportunity for those seeking a rural escape. The architecturally designed home was carefully crafted to make the most of the surrounding landscape, with expansive windows and outdoor spaces that take full advantage of the stunning views. Inside, the home features six spacious bedrooms, with the master suite enjoying uninterrupted valley and Deep Creek vistas, along with a stylish ensuite. The openplan living area is a standout, with its sweeping 180degree views and a stateoftheart kitchen designed to cater for large gatherings. Downstairs, a second living area offers additional space for entertaining, with its powder room, and access to outdoor areas. Beyond the home, the property offers multiple outbuildings, including large tool shed with studio and 8 car carportstorage, horse shelters and stables, and a vegetable garden. The land is fully equipped for rural living, with five fenced paddocks, a stock yard, and significant water storage, including five water tanks and a water bore. What you love about the property vendor perspective Living here has been an absolute dream. The first thing that captivated us was the view. Every morning, we wake up to the most beautiful sight of the Deep Creek and valley its simply magical. The design of the home makes the most of the surroundings, with the living area and outdoor spaces seamlessly connected, which has been perfect for entertaining family and friends. Weve loved the sense of space, both inside and out. The land has given us the opportunity to enjoy rural life, with olive trees, a vegetable garden, and room for our horses. And yet, despite feeling worlds away from the hustle and bustle, Melbourne is still just a short drive away. Its been a perfect balance of tranquillity and convenience, making every moment spent here special."
Below are some similar properties in the area you may be interested in.
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90.4%
-
-
-$290,000
-$64,232
2.8%
2.4%
-13.0%
6.0%
Asking Price
$2,500,000
Estimated Purchase Price
$2,590,000
Stamp Duty
$148,350
Transfer Fee
$3,616
Conveyancing
$1,196
Deposit (10%)
$259,000
Reg. Mortgage
$129
LMI Premium
$81,042
Renovation Costs
-
Total Cash/Equity Required
$493,883
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$72,800
$103,617
Property Management
+7.7% PA
$5,606
$7,979
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
$62,086
$88,974
Interest Repayments
$153,846
$153,846
Net Cashflow Before Tax
-$91,760
-$64,872
Depreciation
-
-
Tax Offset
-$27,528
-$19,462
Net Cashflow After Tax
-$64,232
-$45,411
Assumptions
Year 1
Year 10
Property Value
6.8%
$2,456,400
$4,440,587
Loan Balance
I.O
$2,331,000
$2,331,000
$125,400
$2,109,587
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