Lot 2632 - Co-Living Minta Estate - Berwick

Berwick, Melbourne, VIC, 3806

$ 940,000

Berwick, Melbourne, VIC, 3806
Lot 2632 - Co-Living Minta Estate - Berwick-0
Lot 2632 - Co-Living Minta Estate - Berwick-1
Lot 2632 - Co-Living Minta Estate - Berwick-2
Lot 2632 - Co-Living Minta Estate - Berwick-3

Property Images

Lot 2632 - Co-Living Minta Estate - Berwick-0 Lot 2632 - Co-Living Minta Estate - Berwick-1 Lot 2632 - Co-Living Minta Estate - Berwick-2 Lot 2632 - Co-Living Minta Estate - Berwick-3

Overview

Property ID: LA-7818

  • House and Land
  • Property Type
  • 4
  • Bedrooms
  • 4
  • Bathrooms
  • 2
  • Cars
  • 206

Details

Updated on Oct 31, 2024 at 01:00 pm

Property Type: House and Land
Price: $ 940,000
Land Price: $ 530,000
Build Price: $ 410,000
Gross Per Week: $ 1,160
Gross Per Annum: $ 60,320
Gross Yield: 6.42%
Capital Growth 12 Months: 3.51%
Capital Growth 10 Year Annualised: 5.77%
Vacancy Rate: 1.52%
Property Size: 206 m2
Land Area: 360 m2
Bedrooms: 4
Bathrooms: 4
Parking: 2
Title Status: Registered
Property ID: 7818
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
All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.

Address Lot 2632 - Co-Living Minta Estate - Berwick
City Melbourne
State VIC
Postcode 3806
Suburb Berwick

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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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