$1.75M
$331,499
"Welcome to this modern, custombuilt home in the heart of the Macedon Ranges, less than 12 months old. This residence offers luxury and style with its highend finishes and thoughtful design, situated near local schools and the charming town of Kyneton. The property features an impressive entrance with concrete steps and an oversized front door, leading to a beautifully landscaped yard with automatic irrigation and feature lighting. Inside, the openplan layout showcases vaulted ceilings and a splitlevel design that enhances space and light, complemented by hardwood timber floors and woollen carpet. The heart of the home is the stunning kitchen with a large stone island bench, modern appliances, and a spacious walkin pantry. It flows seamlessly into the living and dining areas, making it perfect for everyday living and entertaining. The main bedroom suite offers a private retreat with a walkin robe and a luxurious ensuite bathroom. Three additional guest bedrooms, all with builtin robes, are in a separate wing for added privacy and share a modern main bathroom with a large bath. The home also includes two additional living zones, a separate study, and a large laundry. Custombuilt cabinetry, a sophisticated grey and charcoal colour scheme, and recycled red brick add to its designer appeal. Large 6m long stacker doors open to a rear entertaining area with designer landscaping, perfect for both relaxation and social gatherings. Additional features include a gas lit fireplace, plantation shutters, ample storage, doubleglazed windows, a CCTV security system with audio and visual components, and four skylights that provide natural light and beautiful East and West views. With electric ducted heating and cooling, ceiling fans, and a double garage with rear garden access, this home offers both comfort and convenience. Located with easy access to the Calder Freeway for a smooth commute to Melbourne, and with a builders warranty still in place, this property is ready for you to move in and enjoy a lifestyle of elegance and ease. Experience the perfect blend of design, luxury, and convenience in this exceptional residencejust move in and enjoy."
-
84%
$900K
3.1%
-$800,000
-$62,902
1.2%
0.8%
-19.0%
6.0%
Asking Price
$1,750,000
Estimated Purchase Price
$1,750,000
Stamp Duty
$96,250
Transfer Fee
$3,616
Conveyancing
$1,196
Deposit (10%)
$175,000
Reg. Mortgage
$129
LMI Premium
$54,758
Renovation Costs
-
Total Cash/Equity Required
$331,499
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$20,800
$29,605
Property Management
+7.7% PA
$1,602
$2,280
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
$14,090
$20,661
Interest Repayments
$103,950
$103,950
Net Cashflow Before Tax
-$89,860
-$83,289
Depreciation
-
-
Tax Offset
-$26,958
-$24,987
Net Cashflow After Tax
-$62,902
-$58,303
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,014,600
$1,834,155
Loan Balance
I.O
$1,575,000
$1,575,000
-$560,400
$259,155
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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