Lot 914 - Banyan Place - Officer
Officer , Melbourne, VIC, 3809$ 674,850
Overview
Property ID: LA-4406
- House and Land
- Property Type
- 3
- Bedrooms
- 2
- Bathrooms
- 2
- Cars
- 137
Details
Updated on Nov 14, 2024 at 01:00 pm
Property Type: | House and Land |
---|---|
Price: | $ 674,850 |
Land Price: | $ 345,500 |
Build Price: | $ 329,350 |
Gross Per Week: | $ 500 |
Gross Per Annum: | $ 26,000 |
Gross Yield: | 3.85% |
Capital Growth 12 Months: | 1.05% |
Capital Growth 10 Year Annualised: | 5.52% |
Vacancy Rate: | 0.92% |
Property Size: | 137 m2 |
Land Area: | 242 m2 |
---|---|
Bedrooms: | 3 |
Bathrooms: | 2 |
Parking: | 2 |
Title Status: | Q2 2025 |
Property ID: | 4406 |
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.*
Officer is a growing suburb with a mix of young families, professionals, and retirees. It has seen significant development in recent years, with new housing estates, schools, and shopping facilities.The suburb offers a range of amenities, including parks, schools, and shopping centers. It's a popular area for families due to its relatively affordable housing and proximity to both natural attractions and Melbourne's CBD.
Officer is well-connected by road and rail, with the Officer train station providing access to Melbourne’s public transport network. The Princes Freeway (M1) also runs nearby, making it easy to travel to other parts of Melbourne.
Arena Shopping Centre: This is one of the main shopping hubs in Officer, offering a variety of stores, including supermarkets like Woolworths, specialty shops, cafes, and dining options.Officer Central Shopping Centre: Another convenient shopping area with various retail outlets, services, and eateries.Lakeside Square Shopping Centre: Located nearby in Pakenham, this center provides additional retail and grocery options.
Officer Recreation Reserve: A popular spot for sports and outdoor activities, offering facilities for cricket, football, and other sports, as well as playgrounds and picnic areas.Pakenham Lakeside Park: While technically in Pakenham, this nearby park is a popular destination for Officer residents, featuring walking trails, picnic areas, and a lake.Cardinia Aqueduct Trail: A scenic trail perfect for walking, running, or cycling, offering beautiful views of the surrounding countryside.
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.