Lot 1 - Providence Officer Estate - Officer

Officer, Melbourne, VIC, 3809

$ 1,025,220

Officer, Melbourne, VIC, 3809
Lot 1 - Providence Officer Estate - Officer-0
Lot 1 - Providence Officer Estate - Officer-1
Lot 1 - Providence Officer Estate - Officer-2
Lot 1 - Providence Officer Estate - Officer-3

Property Images

Lot 1 - Providence Officer Estate - Officer-0 Lot 1 - Providence Officer Estate - Officer-1 Lot 1 - Providence Officer Estate - Officer-2 Lot 1 - Providence Officer Estate - Officer-3

Overview

Property ID: LA-4867

  • Cashflow Positive
  • Property Type
  • 2+OOA
  • Bedrooms
  • 3
  • Bathrooms
  • 1
  • Cars
  • 204

Details

Updated on Dec 06, 2024 at 01:00 pm

Property Type: Cashflow Positive
Price: $ 1,025,220
Land Price: $ 558,000
Build Price: $ 467,220
Gross Per Week: $ 1,466
Gross Per Annum: $ 76,232
Gross Yield: 7.44%
Capital Growth 12 Months: 1.54%
Capital Growth 10 Year Annualised: 5.58%
Vacancy Rate: 1.26%
Property Size: 204 m2
Land Area: 468 m2
Bedrooms: 2+OOA
Bathrooms: 3
Parking: 1
Title Status: Registered
Property ID: 4867
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.* 

Providence is a vibrant new neighbourhood wonderfully positioned at the heart of Officer, in Melbourne’s southeast, just 10 minutes to Berwick and 48 minutes to the City. Nestled amongst established suburbs, Providence is within close proximity to an array of existing and proposed amenities, transport, primary and secondary schools, child and health care services, recreational parks, restaurants, shopping and proposed town centre. With a thoughtful balance between privacy and community.

Location matters, and at Providence in Officer you never have to compromise. Providence is conveniently located next to Maranatha Christian School, and only 14 minutes walk to Officer Train Station and One Centre Square Officer that is underway.

Presenting a beautiful collection of homes, with over 90 exclusive house and land packages available, Providence offers you an opportunity to build your dream home in the heart of Officer. Speak to a Metricon New Home Adviser today to start planning your dream home in Providence Officer.

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 Note: *Rental estimates are calculated using the 2023-2024 SDA Calculator - assuming 1 participant tenanted a 2+OOA property, and 2 participants for 3+OOA (please check the uploaded SDA Rental Estimate document)
All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.

Address Lot 1 - Providence Officer Estate - Officer
City Melbourne
State VIC
Postcode 3809
Suburb Officer

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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.

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