Lot 1623 - NDIS (SDA) Wallara Waters Estate - Wallan
Wallan, Shire of Mitchell, VIC, 3756$ 856,000
Overview
Property ID: LA-7720
- Cashflow Positive
- Property Type
- 2+OOA
- Bedrooms
- 3
- Bathrooms
- 2
- Cars
- 190
Details
Updated on Oct 22, 2024 at 01:00 pm
Property Type: | Cashflow Positive |
---|---|
Price: | $ 856,000 |
Land Price: | $ 350,000 |
Build Price: | $ 506,000 |
Gross Per Week: | $ 1,575 |
Gross Per Annum: | $ 81,900 |
Gross Yield: | 9.57% |
Capital Growth 12 Months: | -1.56% |
Capital Growth 10 Year Annualised: | 5.47% |
Vacancy Rate: | 1.95% |
Property Size: | 190 m2 |
Land Area: | 448 m2 |
---|---|
Bedrooms: | 2+OOA |
Bathrooms: | 3 |
Parking: | 2 |
Title Status: | Registered |
Property ID: | 7720 |
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*
At Wallara Waters, the difference is real community. You won’t be landing in an empty street waiting for things to develop around you. Wallan’s thriving township gives you all the vibrant social connections and inspiration you need to hit the ground running.
On completion this will include over 20 hectares of wetlands and dedicated open spaces that will be home to over 4,800 residents in approximately 2,000 new homes. Whilst many other new communities can be a little chaotic in the first few years, our peaceful, tree-lined streets are waiting for you to join the more than 450 households that are already living here. So you can feel settled the moment you move in and then again, every time that you arrive home.
Set against the backdrop of the Great Dividing Range, the Wallara Waters development remains close to all amenities for your lifestyle needs – you’re just 1km from the well-established Wallan Town Centre’s entertainment and shopping options.
The Wallan Pre-school, Wallan Primary School and Wallan High School are also just a short walk away.
Future development within or around Wallara Waters will feature new schools, fitness and medical centres, shops and more, setting Wallan up with an exciting plan for future improvement to match more and more residents calling it home.
Wallara Waters is close to Yan Yean Reservoir Park, Kinglake National Park, Mt William Winery and Hidden Valley Golf Club, amongst many others. Nearby, you’ll find active local football, netball, soccer, tennis and other outdoor clubs for all ages, right up to senior reserves.
Disclaimer*
Reservation Requirements:
1. Completed EOI (Property Reservation form under Fusion CRM Online Forms)
2. Holding deposit receipt ($2,000)
3. Copy of client's finance pre-approval letter/comfort letter from the broker
4. Copy of client's ID
*As per the builder, ALL plans suit both Improved Liveability and Robust clients.
*Rental estimates are calculated using the 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)
**NOT SUBJECT TO FINANCE
All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.
Address
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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.
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.