Lot 1113 - NDIS (SDA) Coridale - Lara

Lara, City of Greater Geelong, VIC, 3212

$ 926,900

Lara, City of Greater Geelong, VIC, 3212
Lot 1113 - NDIS (SDA) Coridale - Lara-0
Lot 1113 - NDIS (SDA) Coridale - Lara-1
Lot 1113 - NDIS (SDA) Coridale - Lara-2
Lot 1113 - NDIS (SDA) Coridale - Lara-3
Lot 1113 - NDIS (SDA) Coridale - Lara-4
Lot 1113 - NDIS (SDA) Coridale - Lara-5

Property Images

Lot 1113 - NDIS (SDA) Coridale - Lara-0 Lot 1113 - NDIS (SDA) Coridale - Lara-1 Lot 1113 - NDIS (SDA) Coridale - Lara-2 Lot 1113 - NDIS (SDA) Coridale - Lara-3 Lot 1113 - NDIS (SDA) Coridale - Lara-4 Lot 1113 - NDIS (SDA) Coridale - Lara-5

Overview

Property ID: LA-5192

  • Cashflow Positive
  • Property Type
  • 2+OOA
  • Bedrooms
  • 3
  • Bathrooms
  • 2
  • Cars
  • 213

Details

Updated on Sep 30, 2024 at 12:27 am

Property Type: Cashflow Positive
Price: $ 926,900
Land Price: $ 390,900
Build Price: $ 536,000
Gross Per Week: $ 1,812
Gross Per Annum: $ 76,960
Gross Yield: 10.17%
Capital Growth 12 Months: -0.71%
Capital Growth 10 Year Annualised: 6.37%
Vacancy Rate: 1.81%
Property Size: 213 m2
Land Area: 392 m2
Bedrooms: 2+OOA
Bathrooms: 3
Parking: 2
Title Status: Registered
Property ID: 5192
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.*

Situated within a unique and exciting location, you’ll have everything you need to be healthy, happy, and to live the good life. The Coridale master-planned community features the exclusive residents’ only Club Coridale, future supermarket, retail and community centre.

Coridale offers six lifestyle precincts, each unique in location and character, to fit your way of life. Whether your priority is to be close to the urban hub and club, nearby to education facilities, or you’re looking for a quiet sanctuary to come home to, Coridale has the precinct for you.

Luxury meets country at Club Coridale. Relax, and play in this family-centred space designed to foster friendships with new neighbours. Exclusive to Coridale residents, the club will feature a fully equipped gymnasium, swimming pool and a multi-purpose sports court. Catch up with friends, host birthdays and get­togethers in the function room, or watch your children engage in active and social play from the sanctuary of the parents lounge. In every way, Club Coridale offers resort living with a friendly, country club style.

Just five minutes from Coridale, Lara is home to a thriving town centre with a community spirit. This local village features everything you need to make life easy, like major supermarkets, but retains its warm country charm. It’s a place where the community get to know each other, swapping tales at the local pub. When it comes to dining, Lara has a range of flavours to tempt the tastebuds, from quaint cafes and bakeries to pizza parlours, Indian and Asian restaurants. Kick back, invite your friends, and gather round while enjoying two of life’s simplest yet greatest pleasures. Good food and great company.

If you’re looking for outdoor fun, Lara is brimming with stunning parks and green spaces. Just down the road, Serendip Sanctuary is home to 150 species of birds and native animals, a beautiful reserve where you can stroll alongside Emus and Tawny Frogmouths, or I-spy Eastern Grey Kangaroos. Further north, the spectacular You Yangs Regional Park is a great spot for hikers and mountain bikers, with over 50km of tracks for all ages. Meander through wild eucalyptus bushland before reaching views that will leave you breathless. If the catch of the day is more your thing, head south to Avalon beach where the boat ramp will set you out across Corio bay, whiting a-plenty.

Coridale is nestled between many of Victoria’s best-loved destinations. It’s only a 15-minute drive, or a few train stops, to Geelong, where you can enjoy soaking in the sun at the idyllic Eastern Beach. For an after-swim treat, choose between popular breweries, charming cafes and an eclectic array of restaurants. The cosmopolitan Pakington Street brims with vibrant eateries with a European, alfresco vibe. Just outside Geelong, the picturesque Bellarine Peninsula is dotted with celebrated wineries – so nestle in for a long lunch with tipples of the latest harvest. At Coridale, all the delights of Geelong are yours to explore.

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 10% Land deposit Note: *Rent Estimation is from 2024-2025 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 1113 - NDIS (SDA) Coridale - Lara
City City of Greater Geelong
State VIC
Postcode 3212
Suburb Lara

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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.

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This property is a single-contract property suitable for an SMSF.

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