Lot 3240 - Arcadia - Officer - AUD 755,030.00

Description

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Officer is a rapidly developing suburb located approximately 48 kilometers southeast of Melbourne's Central Business District, within the Shire of Cardinia. Historically known for its agricultural roots, Officer has transformed into a thriving residential area, attracting families and professionals seeking a balance between suburban tranquility and urban accessibility.

The suburb boasts a range of local amenities, including numerous parks, walking trails, and recreational facilities. Notably, Dragon Park was voted Victoria's Favourite Playground in 2021. The Comely Banks Recreation Reserve, currently under construction, is set to feature multiple sports fields, a pavilion, and open spaces, further enhancing the community's recreational offerings. ​

Shopping needs are well-catered for with the Arena Shopping Centre serving as the primary retail hub. It hosts major supermarkets, specialty stores, and dining options, ensuring residents have convenient access to essential services and leisure activities. ​

Education is a strong focus in Officer, with a variety of schools catering to different age groups and educational preferences. Institutions such as Officer Primary School, Officer Secondary College, and St. Francis Xavier College provide quality education options within the suburb. Additionally, private and specialist schools, including Maranatha Christian School and Officer Specialist School, contribute to the diverse educational landscape. ​

Transportation in Officer is facilitated by the Officer railway station on the Gippsland line, offering residents a direct link to Melbourne and surrounding areas. The suburb's proximity to the Princes Freeway and Princes Highway ensures efficient road connectivity, making commuting straightforward for both public transport users and drivers. ​

• Property Type: House and Land
• Property Stage:
• Price: $ 755,030.00
• Land Price: $ 425,000.00
• Build Price: $ 330,030.00
• Beds: 3
• Bath: 2
• Garage: 2
• Storey: 1
• Study: N/A
• Power Rooms: N/A
• MPR: N/A
• Powder Room: N/A
• Balcony: N/A
• Floor Plan: Windsor
• Completion: N/A
• Land Size: 350
• Area Size: 156.28
• Year Built: N/A
• Est. Rates: N/A
• Est. Rent PW: 550.00
• Est. Body Corp.: N/A
• Title Status: Registered
• Gross Per Week: $ 550.00
• Gross Per Annum: $ 28,600.00
• Gross Yield: 3.79%
• Capital Growth 12 Months: 3.26%
• Capital Growth 10 Year Annualised: 5.41%
• Vacancy Rate: 0.76%