$1.5M
$256,631
"Location and Quality truly speak for themselves at 45 Collins Road, Irrewarra. Lifestyle properties of this calibre are often sought after, yet hard to find Positioned perfectly between Colac and Birregurra, with easy access directly to the dual laned Princes Highway it offers a quick passage to Geelong and Melbourne or back towards the Coast. Lovingly cared for by the current family, it is now time for the next owner to create their own special memories and enjoy all that is on offer. This classy, five year old family home is set on approximately 5.72 hectares and includes features to please the most discerning of buyers. Upon arriving at the property, you will appreciate the encapsulating views and established gardens which are landscaped to perfection As you step inside the home, you can see and feel the quality and care via the smart design and build. The large, brick veneer home, is purpose built for easy living and entertaining. Offering four generous bedrooms, walkinrobe and ensuite to master, builtinrobes to the remaining bedrooms and the large family bathroom. In addition, a separate living area that could double as a home office or fifth bedroom. In the hub of the home, you will find a generous sized, wellequipped kitchen, that is a chefs delight featuring a butlers pantry which adjoins the dining and family living area framed by the rural views that bring the outside in Entertain or relax outdoors all year round, with a Northfacing, undercover deck which looks over the in ground heated swimming pool. Other outstanding features of this home and property include central gas heating throughout, reverse cycle the main living area, solar boosted hot water, double garage, 12mx9m lockable farm machinery shed, a 5.5kw bank of solar panels. The property is also well fenced, and troughs are connected to town water. An inspection of this property is recommended to truly appreciate all thats on offer. All precautions have been undertaken to establish the accuracy of the above information. Interested parties should make and rely on their own enquiries in relation to all aspects of this property."
-
89.6%
$745K
3.2%
-$5,000
+
4160.0%
3738.2%
4934.3%
6.0%
Asking Price
$4,000
Estimated Purchase Price
$5,000
Stamp Duty
$70
Transfer Fee
$117
Conveyancing
$1,196
Deposit (10%)
$500
Reg. Mortgage
$129
LMI Premium
$85
Renovation Costs
-
Total Cash/Equity Required
$2,647
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$208,000
$296,049
Property Management
+7.7% PA
$16,016
$22,796
Rates
+3.0% PA
$1,811
$2,363
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
$186,908
$266,630
Interest Repayments
$297
$297
Net Cashflow Before Tax
$186,611
$266,333
Depreciation
-
-
Tax Offset
$55,983
$79,900
Net Cashflow After Tax
$130,628
$186,433
Assumptions
Year 1
Year 10
Property Value
6.8%
-
-
Loan Balance
I.O
$4,500
$4,500
-$4,500
-$4,500
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewLocation, Location, Location. Selecting an investment location set to grow, gentrify and prosper can set our investments up for success. So how do we find these High Performance locations across Australia? Property Investment is a science. Our Data Scientists have analyzed the most important factors that help identify when an area is set up for strong investment opportunities.
2021 Population
Suburbs
Manufacturing - 14.0%
Health Care and Social Assistance - 13.0%
Agriculture, Forestry and Fishing - 12.0%
Retail Trade - 9.0%
Others - 52.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Days of Supply
Sold Price
Asking Price
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