Lot 51 - NDIS (SDA) Orchard Square Estate - Bacchus Marsh

Description

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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).

• Property Type: Cashflow PositiveNDISSMSF Single Contract
• Property Stage: N/A
• Price: $ 863,749.00
• Land Price: $ 325,000.00
• Build Price: $ 538,749.00
• Beds: 2+OOA
• Bath: 3
• Garage: 2
• Storey: 1
• Study: N/A
• Power Rooms: N/A
• MPR: N/A
• Powder Room: N/A
• Balcony: N/A
• Floor Plan: Robust w/ Breakout
• Completion: N/A
• Land Size: 476
• Area Size: 177.29
• Year Built: N/A
• Est. Rates: N/A
• Est. Rent PW: 1575.00
• Est. Body Corp.: N/A
• Title Status: N/A
• Gross Per Week: $ 1,575.00
• Gross Per Annum: $ 81,900.00
• Gross Yield: 9.48%
• Capital Growth 12 Months: N/A
• Capital Growth 10 Year Annualised: 7.18%
• Vacancy Rate: 1.27%