
Lot 423 - Westwood Place - Fraser Rise
Fraser Rise , Melbourne, VIC, 3336$ 595,000
Overview
Property ID: LA-11381
- Cashflow Positive
- Property Type
- 4
- Bedrooms
- 3
- Bathrooms
- 2
- Cars
- 167
Details
Updated on Mar 01, 2025 at 01:01 pm
Property Type: | Cashflow Positive |
---|---|
Price: | $ 595,000 |
Land Price: | $ 175,000 |
Build Price: | $ 420,000 |
Gross Per Week: | $ 600 |
Gross Per Annum: | $ 27,040 |
Gross Yield: | 5.24% |
Capital Growth 12 Months: | -0.70% |
Capital Growth 10 Year Annualised: | N/A |
Vacancy Rate: | 10.96% |
Property Size: | 167 m2 |
Land Area: | 156 m2 |
---|---|
Bedrooms: | 4 |
Bathrooms: | 3 |
Parking: | 2 |
Title Status: | N/A |
Property ID: | 11381 |
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.*
Master planned community including future proposed school, recreation reserves, aquatic centre and town centre with retail precinct. Available to sell today, please reply to this email for sales authority and a project briefing. Westwood’s key proximity to established amenities as well as future developments makes it a desirable address for families.
Neighbouring the suburbs of Caroline Springs and Taylors Hill means an abundance of comforts and conveniences are readily available.From shopping centres and recreational facilities to transport and education – everything is within reach. From the moment you arrive at Westwood, it is apparent that it has been designed to promote healthy, active living, with a wealth of open spaces, wetlands and walking tracks throughout both precincts.
The community has been purposefully created to offer residents a walkable lifestyle, with the amenity required for everyday living just a stroll away.
There are great education opportunities available in the local area, including future p-12 school and sports reserve neighbouring the estate, proposed on-site Community Centre offering a range of key services and nearby transportation hubs, ensuring you can get where you need to go, quickly and efficiently.
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
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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.