Withheld
$179,315
"Address available upon request. Grand Scale Country Lifestyle with Three Separate Dwellings The Apogeez Real Estate Group is delighted to present this magnificent 105acre 42.3 Ha property in Bolinda for sale by Private Treaty with flexible settlement terms. Sitting on magnificent large 105 Acres 42.3 Ha approx. offering an abundance of opportunity for the fortunate purchaser, located on the sealed road this property offers three separate dwellings. This beautiful farmingzoned property is nestled in the serene countryside of Bolinda. This stunning piece of real estate offers a rare opportunity to experience the joys of country lifestyle without sacrificing any modernday conveniences. The Main dwelling is a stunning 90 Square Hamptonstyle doublestory house. The other two 3bedroom dwellings are both selfcontained and feature a kitchen, living area, and bathroom. Unbelievable horse facilities and shedding all encapsulated within a beautiful setting provide a perfect opportunity for an astute buyer to enjoy sensational grandscale country living and land banking for prospects. Dont miss out on this stunning property that offers a rare combination of luxurious living and farm life with its expansive farmland, ample facilities, and beautiful house. This property is a mustsee for anyone looking to escape the hustle and bustle of city life while still being close to all the amenities. Site Description Main Dwelling 5 bedrooms with 2 ensuites, 2 Bathrooms, 2 powder rooms, 1 Study area, Double Car garage Huge open plan kitchen with inbuilt appliances and separate dining area 2 separate living areas 1 EntertainmentBedroom with kitchen shower and toilet Beautiful hardwood floors on the ground floor and carpet on the first floor Gas heating, split ac system 2 Gas log fireplaces and ducted heating throughout. Large size Gazebo attached to the main dwelling with a separate kitchen and toilet. Grandsized shed with 20 indoor stables and multiple washing bays. 50 paddocks with an autofed water system. Fully electrified fencing and pasture including multiple dams. Bore water multiple water tanks with a water capacity of approx. 105 K gallons. 2 horse race tracks 800 meters and 1000 meters respectively Straight run track 1.5 km approx. Fully derocked property. Stunning treelined boundary. Location Approx. 50 minutes drive from the center of Melbourne CBD, 30 minutes to Melbourne Tullamarine Airport InternationalDomestic, and a short 8minute drive to Clarkefield Train Station make it a perfectly convenient location. Furthermore, the subject property is near Romsey, Gisborne, Sunbury, and Wallan Township. To organize your private viewing please feel free to contact us at Gavy0421 988 060 or Jesse0401 511 169."
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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 Days of Supply
Sold Price
Asking Price
-
73.8%
$750K
4.3%
$55,000
-$32,448
2.9%
2.3%
-13.5%
6.0%
Asking Price
-
Estimated Purchase Price
$1,260,000
Stamp Duty
$69,300
Transfer Fee
$3,054
Conveyancing
$1,196
Deposit (10%)
$126,000
Reg. Mortgage
$129
LMI Premium
$39,426
Renovation Costs
-
Total Cash/Equity Required
$239,655
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$36,400
$51,809
Property Management
+7.7% PA
$2,803
$3,989
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
$28,489
$41,155
Interest Repayments
$74,844
$74,844
Net Cashflow Before Tax
-$46,355
-$33,689
Depreciation
-
-
Tax Offset
-$13,906
-$10,107
Net Cashflow After Tax
-$32,448
-$23,583
Assumptions
Year 1
Year 10
Property Value
6.8%
$1,404,420
$2,538,857
Loan Balance
I.O
$1,134,000
$1,134,000
$270,420
$1,404,857
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