Lot 1940 - Minta Estate - Berwick
Berwick, Melbourne, VIC, 3806$ 882,000
Overview
Property ID: LA-6680
- House and Land
- Property Type
- 4
- Bedrooms
- 2
- Bathrooms
- 2
- Cars
- 190
Details
Updated on Oct 24, 2024 at 01:00 pm
Property Type: | House and Land |
---|---|
Price: | $ 882,000 |
Land Price: | $ 535,000 |
Build Price: | $ 347,000 |
Gross Per Week: | $ 600 |
Gross Per Annum: | $ 24,960 |
Gross Yield: | 3.54% |
Capital Growth 12 Months: | 3.51% |
Capital Growth 10 Year Annualised: | 5.77% |
Vacancy Rate: | 1.52% |
Property Size: | 190 m2 |
Land Area: | 350 m2 |
---|---|
Bedrooms: | 4 |
Bathrooms: | 2 |
Parking: | 2 |
Title Status: | January 2025 |
Property ID: | 6680 |
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.*
Located at the historic Minta Farm site, this aspirational community is well-connected to existing transport links and schools, and will be built to enhance the natural beauty of the existing water bodies and heritage trails. Plans for a retail town centre, education, family-friendly public parks, and recreational areas mean everything you'll need is close by.
At Minta, your home will carry the value of an admired address in the suburb of Berwick. With a history spanning more than 150 years, some of the character of Berwick's original township has been retained in established areas along High Street. Berwick has developed a positive reputation over the years making it a desired place to call home.
Located on the south side of the Princes Freeway, Minta residents can head straight to the Melbourne CBD with current access via Clyde Road, or the proposed freeway access point on the community's northern boundary in the future. For public transport users, the existing Beaconsfield train station is less than 2.5km from Minta.
With multiple smaller parks and open spaces and considered masterplan design to ensure connected pedestrian and cycleways throughout the community, there are plenty of spaces to help you stay fit and active at Minta. Proposed community activities also include fitness classes so you can mingle while you move.
On the eastern boundary of Minta, you will find tranquil natural lakes surrounded by natural fauna, and frequented with native birds. So whether it's for your routine morning jog, or a twilight stroll in the evening, future pathways around the lake will invite you to this peaceful escape from your daily grind. Minta's undulating landscape also means you can take advantage of views from your new home.
At Minta, the future looks bright. Solar power to all homes is a requirement of building at Minta to reduce our carbon footprint, and reduce energy bills for all residents. There are also walking trails, cycling paths and a range of innovative technologies to encourage a sustainable community.
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
Deposit Requirements:
Land: 10% Deposit
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.