Geelong Golf Club Estate

Property Overview

Categoryhouse
Market price$459,000
Market rent430 p/wk
Yield4.80%
NRAS contribution$215.23 p/wk (paid annually)
Yield inc. NRAS6.33%
Bedrooms3
Bathrooms2
Carports0
Garages1
Address113, Wurrook Circuit
SuburbNorth Geelong
StateVIC
Postcode3215

Expression of interest

Fill in the form below to get more information about this property.

3 BED FOR LESS THAN 2 BED PRICE,

WITH HIGHER RENT THAN THE AREA MEDIAN,

(PLUS NRAS).


This townhouse is in prime position near the golf course, and will continue to command solid market rents into the future. The significant majority of buyers, buying there now, are owner occupiers.

ONLY $459,000 - 3 Bedroom Townhouse - Act immediately and get a contract - Only 1 available.
The returns are reliable and robust with the additional $11,192* annual NRAS payments. (*2018-2019 NRAS)

ABOUT THE PROPERTY.


Located in the prestigious Geelong Golf Club estate, this modern, low-maintenance gem is perfect to add to the investment portfolio, providing a wonderful home for your tenants. (Or if you are thinking beyond investment for yourself, you'll enjoy an easy lifestyle in a very convenient location.)

This near-new, immaculate home has three bedrooms, two bathrooms and open plan living. The single lock up garage has remote and internal access, the property has evaporative cooling and ducted heating throughout.

The spacious master suite is located at the front of the home with roller block-out blinds, walk in wardrobe and en-suite. The other bedrooms contain built in wardrobes.

At the centre of the home, the tiled bathroom features a shower, bath and vanity. Conveniently, the spacious linen cupboard is positioned right next to the bathroom. Utilising the space well, the euro laundry is hidden behind stacker doors in the hallway.

The light-filled open plan kitchen/living area is located at the rear of the home, bringing the family together for meals and entertainment.
A well-designed kitchen provides ample storage (with the large walk-in pantry) and bench space, gas cooktop and oven, and stainless steel dishwasher.

The lounge is large enough for a play or study area, and opens out to the rear patio, which doubles your tenants' living space.

Other comforts include a single lock up garage with remote and internal access, evaporative cooling and ducted heating throughout.

Located only 3 km from Geelong CBD and the vibrant Pakington Street commercial and retail precinct, it is close to the train station and Ring Road for an easy commute to Melbourne, this is the ideal low maintenance home with space and style.

  • Long term Tenants already in - Start transferring the rental incomes to your bank account, as soon as you've settled.

  • With NRAS, this townhouse is substantially cash surplus.

  • Post NRAS and rent returning to normal market, property is cash surplus.

  • Attracting NRAS tenants, this property will enjoy reliable long tenancy periods.

  • Low tenant turnover obviously provides greater income stability and reliability for you, the investor.


CASHFLOW POWER PLAY
All the tax benefits, low outgoings, small loan facility, huge Government $11,192 NRAS contribution annually... Contact us on 1300 67 27 28 for a personal cashflow estimate.

Call 1300 67 27 28 to find out more or quickly register now on this page and we will contact you to talk about your investment objectives to refine what may best suit your personal circumstances.