Lot 51 - Co-living Orchard Square Estate W/ 5-Year Rental Guarantee - Bacchus Marsh
Bacchus Marsh, Shire of Moorabool, VIC, 3340$ 749,856
Overview
Property ID: LA-8122
- House and Land
- Property Type
- 3
- Bedrooms
- 3
- Bathrooms
- 2
- Cars
- 167
Details
Updated on Nov 15, 2024 at 01:00 pm
Property Type: | House and Land |
---|---|
Price: | $ 749,856 |
Land Price: | $ 325,000 |
Build Price: | $ 424,856 |
Gross Per Week: | $ 856 |
Gross Per Annum: | $ 41,808 |
Gross Yield: | 5.94% |
Capital Growth 12 Months: | -4.48% |
Capital Growth 10 Year Annualised: | 5.70% |
Vacancy Rate: | 1.90% |
Property Size: | 167 m2 |
Land Area: | 476 m2 |
---|---|
Bedrooms: | 3 |
Bathrooms: | 3 |
Parking: | 2 |
Title Status: | Registered |
Property ID: | 8122 |
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 in Bacchus Marsh and just 50km from the Melbourne CBD, Orchard Square is bordered by existing housing and benefit from quick access to major arterial roads including Hallets Way and the Western Freeway.
As a major town on the Western Freeway, Bacchus Marsh and its surrounds have long been known as a source of employment and lifestyle living. With extremely fertile soil and natural resources on its fringes, the area has a strong connection to agriculture and extraction industries
Just minute’s drive from the site, the recently refurbished Village Shopping Centre in the heart of Bacchus Marsh offers locals a ‘one-stopshop’ venue anchored by Coles, Aldi, Target, Liqourland and over 45 specialty stores.
The area is well serviced by kindergartens, primary & secondary schools, offering residents of the municipality a multitude of options for their P-12 education. Additionally, the Bacchus Marsh Community College and Western Institute of Technology provide vocational education to the immediate area.
Boasting everything from plunging gorges and glacial valleys to lush forests and wildflowers in bloom, the state parks surrounding Bacchus Marsh are ideal destinations for nature lovers. Lerderderg Gorge, Werribee Gorge, Long Forest Nature Reserve, Additionally, the Bacchus Marsh Community College and Western Institute of Technology provide vocational education to the immediate area. and the tall timbers of the Wombat State Forest are all in easy reach. Bottle mineral water right from the spring by the Lerderderg River or venture further afield to be overwhelmed by springtime colour in the Brisbane Ranges.
Orchard Square benefits from its location on the Western Freeway with easy access eastbound to the Melbourne CBD (50 mins) via several large towns and employment districts including Melton, Caroline Springs, Derrimut and Sunshine. Alternatively, residents may travel westbound to Ballarat (42 Mins) or southbound via the Geelong-Bacchus Marsh road to Victorias second largest city, Geelong (56 mins).
Disclaimer*
Reservation Requirements:
1. Completed EOI (Property Reservation form under Fusion CRM Online Forms)
2. Holding deposit receipt: $2,000
3. Copy of client's finance pre-approval letter/comfort letter from the broker
4. Copy of client's ID
*Can be purchased as a single contract or 10/90 contracts
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.