Lot 914 - Banyan Place - Officer

Description

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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.

• Property Type: House and Land
• Property Stage: N/A
• Price: $ 674,850.00
• Land Price: $ 345,500.00
• Build Price: $ 329,350.00
• 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: Roma
• Completion: N/A
• Land Size: 242
• Area Size: 137.90
• Year Built: N/A
• Est. Rates: N/A
• Est. Rent PW: 500.00
• Est. Body Corp.: N/A
• Title Status: Q2 2025
• Gross Per Week: $ 500.00
• Gross Per Annum: $ 26,000.00
• Gross Yield: 3.85%
• Capital Growth 12 Months: 3.26%
• Capital Growth 10 Year Annualised: 5.41%
• Vacancy Rate: 0.76%