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Lot 1 - Arcadia - Reservoir
Reservoir, Melbourne, VIC, 3073$ 688,000
Overview
Property ID: LA-5768
- Town House/Unit
- Property Type
- 2
- Bedrooms
- 2
- Bathrooms
- 1
- Cars
- 121
Details
Updated on Nov 16, 2024 at 01:03 pm
| Property Type: | Town House/Unit |
|---|---|
| Price: | $ 688,000 |
| Land Price: | N/A |
| Build Price: | N/A |
| Gross Per Week: | $ 400 |
| Gross Per Annum: | $ 20,800 |
| Gross Yield: | 3.02% |
| Capital Growth 12 Months: | 1.99% |
| Capital Growth 10 Year Annualised: | 5.07% |
| Vacancy Rate: | 0.95% |
| Property Size: | 121 m2 |
| Land Area: | 154.33 m2 |
|---|---|
| Bedrooms: | 2 |
| Bathrooms: | 2 |
| Parking: | 1 |
| Title Status: | N/A |
| Property ID: | 5768 |
| SKU: | 1001 |
Description
*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us.*
Nestled within the heart of Reservoir, Arcadia boasts ten exceptional townhouses, radiating modern elegance across its two-bedroom double-storey homes, while providing abundant space and luxury within its three-bedroom triple-storey residences. Embraced by expansive green areas, outstanding educational establishments, and abundant shopping options, Arcadia masterfully combines urban living and suburban connectivity. With easy access to the vibrant pulse of Melbourne’s CBD, there are an abundance of fantastic local amenities and recreation options in the family-friendly suburb of Reservoir.
- 3kms from Reservoir Train Station
– with easy access into Melbourne's CBD
- 4kms from the esteemed LaTrobe University & 8kms to RMIT Bundoora Campus
- 4kms from Edwardes Lake Park – a very popular park with a lake, walking tracks, and picnic areas for the family
- 5 mins from Reservoir Village Shopping Centre: featuring supermarkets, cafes, restaurants, and specialty stores
- 2kms from Reservoir Leisure Centre: Offering fitness facilities, pools, and group exercise classes
- 10kms from Northern Hospital
Disclaimer*
Reservation Requirements:
1. Completed EOI (Property Reservation form under Fusion CRM Online Forms)
2. Holding deposit receipt (amount TBA)
3. Copy of client's finance pre-approval letter/comfort letter from the broker
4. Copy of client's ID
All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.
Address
Open on Google Maps
Address
Lot 1 - Arcadia - Reservoir
City
Melbourne
State
VIC
Postcode
3073
Suburb
Reservoir
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SQM Research is an investment research house that specialises in providing accurate research and data to financial institutions, investment professionals and investors.
Aus investment Properties has partnered with SQM Research to provide data across our site to assist investors in making an informed decision.
Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.
Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.
Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.
SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.
This property is a single-contract property suitable for an SMSF.
