Withheld
$138,688
Confidence
High
High
$730,000
Medium
$695,000
Low
$660,000
Confidence
Medium
"19.72HA APPROX. 50 ACRES ZONED RURAL In an excellent location with easy access to the South Western Highway and the future Tonkin Highway, this outstanding property has benefited from nearly 20 years of hard work and investment. The picturesque Medulla Brook winds from east to west, complementing the established pastures, fertile land, wellstocked ponds, and stunning views of the Darling Scarp offering a truly versatile rural retreat. The property welcomes you with mature, signature trees lining the driveway. Mature trees are also scattered throughout, providing shelter for livestock while adding privacy and appeal. The land is mostly level with some gently undulating areas and is predominately highquality, wellestablished pasture, ideal for grazing. The fertile, highyielding soil is a mix of sand and clay, and there is an excellent water supply, including a natural spring on the property. A large rainwater tank is plumbed to the workshop, and additional tanks located to the east are used for livestock watering and reticulation. There is so much on offer here a massive workshop with ablutions, netted ponds stocked with marron and silver perch, a mature orchard, a huge, enclosed vegetable garden, and a large chicken enclosure. The property is also perfectly set up for horse agistment, featuring quality horse facilities. More detailed features include A massive, powered workshop approximately 33 metres by 15 metres, with a gable height of 6 metres, fitted with 3phase power, mezzanine floor, highquality lighting, TV aerial, concrete flooring, and two enclosed rooms. One room serves as an office with a kitchenette, and the other is equipped with amenities including a shower, sink and toilet. 15kilowatt solar system. Two large secure areas behind the workshop, used for fruit trees and expansive vegetable gardens. A large chicken enclosure. Ponds stocked with marron and silver perch, with one pond aerated. Improved and retained banks along Medulla Brook to prevent erosion and improve water quality. Approximately 10 paddocks with excellent fencing, including a mix of post, rail, and mesh with electrics, some with reticulation, and all equipped with water troughs. 3 double open paddock shelters with timber lining, and one large open paddock shelter roof only. A trafficable bridge over the brook providing access to the higher paddocks. Easy access around the property for vehicles and machinery via laneways and perimeter tracks. An additional income opportunity exists with a phone tower currently on the property, with a longterm lease, to be negotiated separately at the time of purchase. Plant, equipment, and machinery are also available by negotiation if required. Rarely do properties of this quality and size become available so close to Mundijong and less than 15 minutes from all the amenities of Byford Town Centre. Whether you choose to continue its current use or build your dream home, Lot 1 Shanley Road offers an idyllic lifestyle opportunity. Call Kim Koch on 0407 777 923 for your private appointment to view. INFORMATION DISCLAIMER This document has been prepared for advertising and marketing purposes only. It is believed to be reliable and accurate, but clients must make their own independent enquiries and must rely on their own personal judgement about the information included in this document."
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63.6%
-
-
$695,000
+
-
-
596.8%
-
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
$2,000
Estimated Purchase Price
-
Stamp Duty
-
Transfer Fee
-
Conveyancing
$1,535
Deposit (10%)
-
Reg. Mortgage
-
LMI Premium
-
Renovation Costs
-
Total Cash/Equity Required
$2,085
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+8.2% PA
$1,919
$2,731
Rates
+3.0% PA
-
-
Water
+3.0% PA
$1,455
$1,898
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$17,776
$25,740
Interest Repayments
-
-
Net Cashflow Before Tax
$17,776
$25,740
Depreciation
-
-
Tax Offset
$5,333
$7,722
Net Cashflow After Tax
$12,443
$18,018
Assumptions
Year 1
Year 10
Property Value
6.8%
$742,260
$1,341,829
Loan Balance
I.O
-
-
$742,260
$1,341,829
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2021 Population
Suburbs
Construction - 16.0%
Education and Training - 13.0%
Agriculture, Forestry and Fishing - 10.0%
Public Administration and Safety - 7.0%
Others - 54.0%
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