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Lot 1912 - NDIS (SDA) Lara Lakes Estate - Lara - AUD 997,900.00
Lara, Geelong, VIC, 3212$ 997,900
Overview
Property ID: LA-4933
- Cashflow Positive
- Property Type
- 3+OOA
- Bedrooms
- 4
- Bathrooms
- 2
- Cars
- 213
Details
Updated on Sep 30, 2024 at 12:27 am
| Property Type: | Cashflow Positive |
|---|---|
| Price: | $ 997,900 |
| Land Price: | $ 434,900 |
| Build Price: | $ 563,000 |
| Gross Per Week: | $ 2,636 |
| Gross Per Annum: | $ 94,276 |
| Gross Yield: | 13.74% |
| Capital Growth 12 Months: | -0.71% |
| Capital Growth 10 Year Annualised: | 6.37% |
| Vacancy Rate: | 1.81% |
| Property Size: | 213 m2 |
| Land Area: | 512 m2 |
|---|---|
| Bedrooms: | 3+OOA |
| Bathrooms: | 4 |
| Parking: | 2 |
| Title Status: | March 2025 |
| Property ID: | 4933 |
| 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.*
Lara Lakes is an exciting new residential community designed to showcase the special charm of a town where the city meets the country.
With over 500 lots situated around nearly seven hectares of waterways and parkland, Lara Lakes is modelled on nearby Grand Lakes Estate, winner of national and state awards for high quality development and environmental excellence.
A wonderful lifestyle opportunity awaits you and your family at Lara Lakes.
Lara Lakes Estate Highlights
• 10 minute drive to Princes Highway for convenient access to Melbourne/Geelong
• 45 minute drive to Melbourne CBD
• 10 minute drive to the Lara Train Station
• 15 minute drive to Geelong CBD
• 10 minute drive to You Yangs National Park
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
5% 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
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Address
Lot 1912 - NDIS (SDA) Lara Lakes Estate - Lara - AUD 997,900.00
City
Geelong
State
VIC
Postcode
3212
Suburb
Lara
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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.
