Lot 357 - Lucas Grange Estate - Lucas

Lucas, Ballarat, VIC, 3350

$ 621,999

Lucas, Ballarat, VIC, 3350
Lot 357 - Lucas Grange Estate - Lucas-0
Lot 357 - Lucas Grange Estate - Lucas-1
Lot 357 - Lucas Grange Estate - Lucas-2
Lot 357 - Lucas Grange Estate - Lucas-3

Property Images

Lot 357 - Lucas Grange Estate - Lucas-0 Lot 357 - Lucas Grange Estate - Lucas-1 Lot 357 - Lucas Grange Estate - Lucas-2 Lot 357 - Lucas Grange Estate - Lucas-3

Overview

Property ID: LA-8438

  • House and Land
  • Property Type
  • 4
  • Bedrooms
  • 2
  • Bathrooms
  • 2
  • Cars
  • 154

Details

Updated on Nov 09, 2024 at 01:00 pm

Property Type: House and Land
Price: $ 621,999
Land Price: $ 277,500
Build Price: $ 344,499
Gross Per Week: $ 467
Gross Per Annum: $ 24,284
Gross Yield: 3.90%
Capital Growth 12 Months: -4.20%
Capital Growth 10 Year Annualised: 6.01%
Vacancy Rate: 1.71%
Property Size: 154 m2
Land Area: 420 m2
Bedrooms: 4
Bathrooms: 2
Parking: 2
Title Status: Registered
Property ID: 8438
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 just six kilometres west of Ballarat's central business district on the Avenue of Honour, Lucas covers 220 hectares and is the largest community to be master planned and constructed in Ballarat's history.

Lucas is open and inviting, well connected and provides the facilities and infrastructure to live life locally with shopping, schools, leisure and community centres set amongst large tracts of open green parkland.

One of the most attractive benefts of regional living is having everything you need at your doorstep.

Perhaps you will decide on a pleasant walk through parkland to your favourite café, or a moonlit stroll home after a wonderful meal at your favourite restaurant. Leave your car at home all weekend and enjoy having shops, services and entertainment in your local community.

The main street at Lucas is a 7-day a week cosmopolitan shopping strip. Reminiscent of Melbourne's famous shopping streets, featuring tree-lined walkways, alfresco cafes and restaurants, full line Woolworths supermarket, Wilsons Fruit and Vegetables and specialty retail shops.

The Lucas Town Centre and multi-million dollar Community Centre provide places for people to gather, socialise and form a community in a friendly open air environment. The Community Centre will house meeting rooms, childcare options, play areas, consulting rooms and activity spaces.

Planned with your lifestyle in mind, Lucas is designed around a central green heart that provides walking and cycling trails linking you to the surrounding community. There will be neighbourhood parks within a fve minute walk of every home in Lucas.

The centre piece of Lucas' open space will be the large central park. Featuring a senior size multi-sports oval - large enough to include one AFL oval or two soccer pitches, seating terraces and club rooms, plus room for indoor sports facilities.

Surrounding the sports facilities will be walking and cycling tracks, a creek, wetlands and an adventure playground large enough to rival any in the district.

By providing schools, shopping, business opportunities and parks within Lucas there is little reason to jump in the car, reducing the footprint we leave on the environment.

Alternatively you can catch public transport, with planned access points every 400m - reducing your dependency on the car, promoting healthier living. Public spaces will feature carefully selected drought tolerant landscaping, ideal for providing shade in summer and sun in winter.

Lucas has been designed to make life easy for you. Kids will be able to walk or ride to school without having to cross major roads.

A network of walking paths and cycling tracks connecting open parkland will make it easy and safe to move around. Lucas' planned Education Precinct and Learning Hub is just one of the benefits of being part of a master planned community.

Planned within easy reach of all residents and located on the central linear open space reserve will be a choice of both public and private schools featuring shared sporting facilities.

The Education Precinct and Learning Hub currently houses Siena Catholic Primary School (P-6) and in time will also include a state government school (P-9).

The precinct is aimed at providing plenty of space for outdoor activities, designated bus and car-park zones for safe pick-up and drop-off, direct access to major sporting facilities at the Lucas Central Park, and a secure, controlled environment achieved through the placement of school administration buildings at the entrance to the school grounds.

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 357 - Lucas Grange Estate - Lucas
City Ballarat
State VIC
Postcode 3350
Suburb Lucas

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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.

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