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Lot 516 - The Ridge - Farley
Farley, City of Maitland, NSW, 2320$ 1,165,777
Overview
Property ID: LA-9018
- Cashflow Positive
- Property Type
- 3+3
- Bedrooms
- 2+2
- Bathrooms
- 1+1
- Cars
- 266
Details
Updated on Nov 26, 2024 at 01:00 pm
| Property Type: | Cashflow Positive |
|---|---|
| Price: | $ 1,165,777 |
| Land Price: | $ 459,000 |
| Build Price: | $ 706,777 |
| Gross Per Week: | $ 1,200 |
| Gross Per Annum: | $ 62,400 |
| Gross Yield: | 5.35% |
| Capital Growth 12 Months: | 4.51% |
| Capital Growth 10 Year Annualised: | 5.73% |
| Vacancy Rate: | 0.86% |
| Property Size: | 266 m2 |
| Land Area: | 998.2 m2 |
|---|---|
| Bedrooms: | 3+3 |
| Bathrooms: | 2+2 |
| Parking: | 1+1 |
| Title Status: | Registered |
| Property ID: | 9018 |
| 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*
Welcome to The Ridge At Farley! We are a successful local developer delivering quality homesites perfect for building your next home. This new development is located close to several destinations such as Newcastle, Lake Macquarie and the Hunter Valley. Choose between heading to the beach or the wineries - Farley offers you the best of both worlds.
You can't pick a better location! Farley is nestled between popular Australian destinations, Newcastle and the Hunter Valley and offers the comfort of laid back living with all your modern ammenities. There are fantastic public schools in the area, two hospitals with a new one currently being built, shops, cafe's and activities for the kids!
Farley is a growing suburb in Maitland undergoing residential development with many new estates and land available for purchase. This is a continuation of nearby Rutherford and is across the wetlands from Gillieston Heights, places which are similar new western suburbs of Maitland Farley is bordered to the north by the Main North railway line, and a station served the surrounding area from 1860 until 1975.
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
Open on Google Maps
Address
Lot 516 - The Ridge - Farley
City
City of Maitland
State
NSW
Postcode
2320
Suburb
Farley
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SQM Research is an investment research house that specialises in providing accurate research and data to financial institutions, investment professionals and investors.
Aus investment Properties has partnered with SQM Research to provide data across our site to assist investors in making an informed decision.
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.
