Lot 737 - Botania Estate - Frasers Rise
Frasers Rise, Melbourne, VIC, 3336$ 612,500
Overview
Property ID: LA-8142
- House and Land
- Property Type
- 3
- Bedrooms
- 2
- Bathrooms
- 1
- Cars
- 119
Details
Updated on Nov 02, 2024 at 01:02 pm
Property Type: | House and Land |
---|---|
Price: | $ 612,500 |
Land Price: | $ 302,000 |
Build Price: | $ 310,500 |
Gross Per Week: | $ 470 |
Gross Per Annum: | $ 24,440 |
Gross Yield: | 3.99% |
Capital Growth 12 Months: | -2.10% |
Capital Growth 10 Year Annualised: | N/A |
Vacancy Rate: | 8.22% |
Property Size: | 119 m2 |
Land Area: | 294 m2 |
---|---|
Bedrooms: | 3 |
Bathrooms: | 2 |
Parking: | 1 |
Title Status: | Registered |
Property ID: | 8142 |
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.*
Join a community surrounded by quality education, open spaces and new amenity. Botania will shape the future of Fraser Rise - a brand new suburb for Melbourne's north-west adjoining established Caroline Springs. Encompassing 450 lots, Botania is an opportunity to secure affordable land and build a unique home in an exciting new locale.
Botania is positioned just minutes from Caroline Springs, proposing the ideal opportunity for locals looking to establish a new home in the area, or investors hoping to mirror the capital growth of this now thriving western locale.
Fraser Rise's own approved major town centre will soon host several cafes and an entertainment area overlooking the adjacent natural waterway. Several other shopping outlets and an eclectic range of eateries are just a short drive away in Caroline Springs and Taylors Hill.
Botania residents are zoned to the established Rockbank Primary School, with four new schools approved to join the suburb in the coming years - two government primary schools, a non-government primary school, and a P-12 government school. Higher education institutions Victoria Polytechnic and Federation University deliver programs in nearby Caroline Springs, St Albans and Melton.
Every home in Botania is to be located on a tree-lined street within walking distance of open space. Together with neighbouring Deanside, the suburbs will host 40 local parks, important conservation reserves and a network of carefully-designed pedestrian and cycle tracks.
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.