$795K
$164,047
"Fully facing North from the Road. Land opportunity to build your dream home Awaits Embrace a sustainable lifestyle on this stunning northfacing plot in southwest Lyonville, spanning just under 8 acres. Conveniently situated between the towns of Trentham and Daylesford, this unique property offers two folio and is adjacent to the iconic rail trail, with a springfed dam adding to its natural charm. Existing infrastructure includes an established concrete shed, driveway, and prepared house site, making it easy to start building your dream home. Ideal for a hobby farm, the land features managed grassland, trees along the boundary, and a gentle sloping ridge with scenic views looking west towards the springfed dam. Located on the edge of the forest, the property provides a serene and private setting. With a lapsed building permit and plans subject to council approval STCA, this is a prime opportunity to create a sustainable home in a beautiful environment. A bit about Lyonville.... Lyonville, a small and charming town in Victoria, Australia, is nestled in the scenic heart of Hepburn Shire. Known for its tranquil atmosphere and picturesque landscapes, Lyonville offers a perfect escape for those seeking a peaceful retreat. The town is surrounded by lush forests, rolling hills, and an abundance of natural beauty, making it a haven for nature lovers and outdoor enthusiasts. Visitors can explore the nearby Wombat State Forest, which provides numerous opportunities for hiking, birdwatching, and discovering local wildlife. The area is also home to mineral springs, adding a unique touch to the natural allure of Lyonville. In addition to its natural attractions, Lyonville boasts a rich cultural heritage and a closeknit community. The town has a history rooted in the gold rush era, and remnants of this vibrant past can still be seen in the architecture and local landmarks. The Lyonville Hotel known as the radio springs hotel, a historic pub, serves as a social hub where both locals and visitors can enjoy hearty meals and live music in a welcoming atmosphere.Is also very Romantic when the fires are burning. The towns proximity to larger towns like Daylesford and Trentham allows easy access to additional amenities and attractions, making Lyonville an ideal base for exploring the broader region. Whether youre seeking relaxation or adventure, Lyonville offers a unique blend of tranquility and charm that leaves a lasting impression. Everything is mapped out and ready to go This is the last of them Dont miss this opportunity. Contact us today for more information and to arrange a viewing"
Below are some similar properties in the area you may be interested in.
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86.3%
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-$70,000
-$38,933
-
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-24.3%
6.0%
Asking Price
$795,000
Estimated Purchase Price
$855,000
Stamp Duty
$46,370
Transfer Fee
$2,106
Conveyancing
$1,196
Deposit (10%)
$85,500
Reg. Mortgage
$129
LMI Premium
$24,379
Renovation Costs
-
Total Cash/Equity Required
$160,230
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
-
-
Property Management
+7.7% PA
-
-
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
-$4,831
-$6,303
Interest Repayments
$50,787
$50,787
Net Cashflow Before Tax
-$55,618
-$57,090
Depreciation
-
-
Tax Offset
-$16,685
-$17,127
Net Cashflow After Tax
-$38,933
-$39,963
Assumptions
Year 1
Year 10
Property Value
6.8%
$838,380
$1,515,592
Loan Balance
I.O
$769,500
$769,500
$68,880
$746,092
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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
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price