Lot 8 - EXCLUSIVE NextGen Co-Living W/ 10% Rental Guarantee for 3 Years - Numurkah

Description

*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us.*

EXCLUSIVE!!

Why This Property Stands Out:

• Over $700 per Week in NET Positive Cash Flow: Delivers consistent, strong returns, covering mortgage, council rates, property management, and more.
• Guaranteed Rental Income: With a 3-year rental guarantee and projected annual rental income of over $90,000, this property is designed for financial peace of mind.
• High Capital Growth Potential: Located in a high-demand area, this property is primed for appreciation, combining rental yields with capital gains.

The property is fully furnished and thoughtfully designed, featuring five self-contained units with amenities like high-speed internet, routine maintenance, and cleaning services – perfect for attracting long-term professional, student, and corporate tenants.

Numurkah is a charming rural town located in northern Victoria, approximately 225 km from Melbourne and around 30 km from Shepparton. Known for its rich agricultural heritage, the town sits on the banks of the Broken Creek and offers a relaxed country lifestyle with close-knit community vibes. Numurkah is popular among retirees, families, and those seeking a quieter lifestyle surrounded by natural beauty, with easy access to the broader Goulburn Valley region.

Local amenities in Numurkah include essential services, recreational areas, and facilities that enhance the town's country lifestyle. The town has multiple parks, including the picturesque Numurkah Lions Park along Broken Creek, ideal for picnics, walks, and fishing. The Numurkah Golf & Bowls Club provides options for sports and social events, and the nearby Numurkah Showgrounds host various community events throughout the year, including the annual Numurkah Agricultural Show.

For shopping, Numurkah’s main shopping strip along Melville Street has a variety of local businesses, including grocery stores, cafes, and specialty shops. The town also has a local supermarket, butcher, and bakery, offering residents convenient access to everyday essentials. For more extensive retail options, residents often visit Shepparton, which is a short drive away and offers larger shopping centers, department stores, and a wider variety of dining and entertainment options.

Education in Numurkah is well-supported by local schools and educational facilities. Numurkah Primary School and St. Joseph’s Primary School provide primary education, while Numurkah Secondary College offers secondary education within the town. Additionally, there are early childhood and childcare centers available for young families. For further education and specialized schooling, Shepparton offers additional institutions, including TAFE and private school options.

Transportation in Numurkah is primarily car-dependent due to its rural setting, with well-maintained roads providing easy access to surrounding towns and Melbourne. The Goulburn Valley Highway connects Numurkah to Shepparton and Melbourne, making road travel convenient for residents and visitors. While public transport is limited, there are V/Line bus services connecting Numurkah to Shepparton and other regional towns, where train services are available to Melbourne.

In summary, Numurkah is a peaceful and welcoming rural town that offers a balanced lifestyle with essential amenities, education facilities, and recreational options. It’s ideal for those who appreciate a slower pace of life and a strong sense of community while still being close to the more extensive facilities of Shepparton and Melbourne.

• Property Type: House and LandCashflow PositiveCo-Living
• Property Stage:
• Price: $ 825,500.00
• Land Price: $ 163,500.00
• Build Price: $ 662,000.00
• Beds: 5
• Bath: 5
• Garage: 2
• Storey: 1
• Study: N/A
• Power Rooms: N/A
• MPR: N/A
• Powder Room: N/A
• Balcony: N/A
• Floor Plan: NextGen 5
• Completion: N/A
• Land Size: 843
• Area Size: 268.59
• Year Built: N/A
• Est. Rates: N/A
• Est. Rent PW: 1700.00
• Est. Body Corp.: N/A
• Title Status: Registered
• Gross Per Week: $ 1,700.00
• Gross Per Annum: $ 88,400.00
• Gross Yield: 10.71%
• Capital Growth 12 Months: 18.12%
• Capital Growth 10 Year Annualised: 7.18%
• Vacancy Rate: 1.15%