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Transcript of Kilara Townhousesmmgproperty.com/wp-content/uploads/2018/04/Kilara... · The University of Ballarat...
7 KYLE STREET, SEBASTOPOL
Kilara TownhousesThis contemporary development comprises of 12 thoughtfully designed townhouses, combining modern urban living with the natural surrounds of the beautiful Ballarat suburb, Sebastopol. Conveniently located only minutes to Ballarat Central, Kilara Townhouses are perfectly suited for all lifestyles.
Whilst each residence is unique in colour, shape and form, they all incorporate a consistent high quality of design, build and inclusions.
Artist impression
Open plan livingKilara Townhouses are more than beautiful! They have been carefully designed to maximise natural light, enhancing living areas and practical liveability of each home.
A welcoming retreat at the end of a busy day - unwind in the spacious comfort of your home or enjoy the outdoors in your own private, landscaped courtyard.
Kilara Townhouses offer a rare merging of luxurious living with thoughtful design of homes to be lived in long term.
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Space and comfort
A home for all seasons - ducted gas heating and plush carpets to keep warm during winter, direct home access from garage when it rains and a landscaped garden for BBQs in summer.
Entertaining is a breeze. Cook up delicious meals in your new kitchen fully equipped with stainless steel appliances and pantry to stock up all those much needed ingredients. The open plan living area also allows you to add your own personal touch and style.
As evening sets, relax and rejuvenate in your double-sized bedrooms, each with generous built-in or walk-in robes. Modern bathrooms, separate laundry, storage, and easy care landscaped garden are all creature comforts that have been thoughtfully included in these townhouses.
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Location & Lifestyle
1 Sebastopol Primary School
14 Marty Busch Reserve & Cycling Track
2 St James Parish Primary School
3 Sebastopol South Kindergarten
16 Route 22 Bus Stop
13 Restaurants
Only 8 min drive to Ballarat CBD
Pharmacy & Post Office9
6 Coles Supermarket & Liquorland
Location
1.5 km
1 km
KYLE ST
MARTY BUSCHRESERVE
MR POWERRESERVE
YUILLES WETLANDS
ST GEORGESRESERVE
CBD5km
1
142
6
3
9
13
16
10
15
7
11
4
8
10 Sebastopol Library
15 St Georges Reserve
4 Ballarat Christian College
11 Mitre 10
7 Woolworths Supermarket
8 Aldi Supermarket
EDUCATION
SHOPPING & LIFESTYLE
PARKS & RECREATION
5
5 Day Care Centre
PUBLIC TRANSPORT
12Commonwealth Bank12
EducationYoung minds get everything they need to thrive in Ballarat. Whatever the age, excellent education opportunities are aplenty.
A high quality early childhood education for your children is available at multiple kindergartens and childcare centres, all within 5 minutes drive from Kilara Townhouses.
Sebastopol Primary School is just around the corner, a short 3 minute walk. Prestigious Ballarat Clarendon College and Ballarat Grammar are two of the highest ranked Victorian high schools and are both less than 15 minutes by car.
The University of Ballarat (Federation University) offers premium tertiary education throughout regional Victoria. The University is a direct 20 minute bus ride from Kilara Townhouses. Set your children on the road to success with exceptional education.
TransportThis is one Ballarat locale that has a wealth of public transport services.
Kilara Townhouses is conveniently positioned a four-minute walk from bus route 22 – heading to Ballarat city and Ballarat train station in one direction, and Federation University in the other. You can almost get to anywhere you want to go without sitting behind the wheel.
Ballarat train station is a quick 10-minute drive from KilaraTownhouses and if you need to head into Melbourne for work, peak hour trains depart approximately every 20-30 minutes. Or if you prefer, take the car and jump on to the freeway entrance in 10 minutes for a quick getaway to the big city.
ShoppingSturt Street is the main thoroughfare in Ballarat Central and is the epicentre of shopping and services. Only 5 kms away, this hive of activity makes Kilara Townhouses so brilliantly liveable.
Home to Bridge Mall, Central Square Shopping Centre, boutique specialty shops and larger well-known brands such as Myer, Target, Freedom Furniture and Rebel Sports, it ticks all the boxes for convenience and variety.
Everyday NeedsWhether for the daily paper or the weekly shop, you are spoilt for choice with Coles, Woolworths and Aldi supermarkets all within minutes from Kilara Townhouses. For last minute errands, a post office, pharmacy and Commonwealth Bank are almost at your front door.
Workout at the local tennis centre and gym or feed your soul at one of the nearby yoga or pilates studios.
On the weekend, leave life’s stresses at the door and enjoy a luxurious pampering and relaxation experience at any of the three nearby massage and treatment centres.
Parks and LakesRelaxation, play or fitness? Kilara Townhouses has your ticket.
If you want to give the kids a whirl in the playground, you can be at Victory Park or the Marty Busch Reserve playground in moments. This Reserve also offers soccer and cycling facilities and is also undergoing a $1.7m upgrade which includes new netball courts.
If you are a fan of walking trails, cycle or walk on the well-known Yarrowee River trail and enjoy native flora, fauna and the wetlands.
If you want to test your heart rate and beat your personal best, run a lap around Lake Wendouree.
EntertainmentEmbrace the historical charm and appeal of the mid 19th century gold rush era, combined with modern influences of style and culture.
Craig’s Royal Hotel opened in 1853 and is a popular venue for casual after work drinks or a delicious hardy meal. Watch the latest Hollywood blockbuster at the Regent Cinemas or musical theatre at Her Majesty’s Theatre. Immerse yourself in the latest touring exhibition of historical and modern artwork at the Art Gallery of Ballarat.
The coffee culture and appreciation for this caffeinated beverage has seen the introduction of many trendy cafes, a great meeting point for friends or a quick energy boost in the morning.
Floorplans
Site Plan – 7 Kyle Street, Sebastopol
Two Bedroom option
TWO BEDROOMS
ONE BATHROOM
ONE CARPARK
INTERNAL
GARAGE
TOTAL
90.7 SQM
21.9 SQM
112.6 SQM
TWO BEDROOMS
TWO BATHROOMS
ONE CARPARK
INTERNAL
GARAGE
TOTAL
92.1 SQM
22.8 SQM
114.9 SQM
Two Bedroom option
THREE BEDROOMS
ONE BATHROOM
ONE CARPARK
ONE CAR SPACE
INTERNAL
GARAGE
TOTAL
91.7 SQM
22.8 SQM
114.5 SQM
THREE BEDROOMS
TWO BATHROOMS
TWO CARPARKS
INTERNAL
GARAGE
TOTAL
97.8 SQM
36.0 SQM
133.8 SQM
Three Bedroom option Three Bedroom option
Fixtures &Finishings
Premium Turnkey Inclusions
InternalFlooring Timber-toned vinyl planking to kitchen, meals,
living and hall
Ceramic floor tiles to laundry and bathroom
Carpet to bedrooms
Walls Painted plasterboard
Wall tiles on wet areas including above vanity,
shower and above bath tub
Wall tiles over kitchen benchtop
Doors Entry door – solid timber with entry set
Internal doors – internal flush panel doors with
chrome handle
Window Coverings Roller blinds to all openable windows
GeneralEnergy rating 6-star energy efficiency
Heating Gas ducted heating
Water system Gas hot water system
Exhaust fans Laundry, bathroom and toilet
Communications TV point, TV antenna installed and connected,
telephone point, data point
Lights Downlights in kitchen, living, meals and hallway
Light fittings to all internal rooms, laundry,
bathroom and toilet
External light in garage, portico and rear yard
Services Water, electricity, gas, telephone, internet,
stormwater and sewer connection – excludes
account opening and connection fee
Hard-wired smoke detectors installed
BedroomsWardrobes Built-in or walk-in wardrobes fitted with hanging
rail, as per plan
KitchenOven 600mm stainless steel electric oven
Cook Top 600mm stainless steel 4-burner gas cook top
Rangehood 600mm stainless steel rangehood
Dishwasher Stainless steel dishwasher
Sink / Taps Stainless steel sink with chrome single lever
mixer tap (Single for 2 beds, 1 ¼ for 3 beds)
Bench and cabinetry Laminate benchtop and fully lined cabinetry
BathroomShower / Bathtub Enclosed screen shower and bathtub (except unit 1)
Vanity Vanity with polished edge mirror
Taps Mixer taps for shower, vanity and bath
Accessories Soap dish, toilet roll holder, and towel rail
LaundryWashing Machine Washing machine space with hot and cold
water taps
Laundry Tub Stainless steel laundry trough
ExternalCar Accommodation Remote roller door, direct internal access
Roof Colourbond roof
Façade Bricks
Gutters, fascia, downpipes
Clothesline Fold down clothesline installed
Taps External hose tap
Investment Information
About BallaratBallarat is located one hour north-west of Melbourne and is Victoria’s third most populated urban area, with a population of 106,288.
Since the gold rush era in the 1850s, Ballarat has established strong educational and health care service sectors, with four private secondary schools, two universities and a private and public hospital. Combined with tourism, retail trade and manufacturing, these industries drive the local economy.
Planned infrastructure investment through the Victorian Government’s Regional Jobs and Infrastructure Fund will create jobs and help Ballarat continue to grow. Key projects include $30 million to develop the Ballarat West Employment Zone, $31.5 million to redevelop the Eureka Precinct, $25 million for the Ballarat Station Precinct and $8 million for Sovereign Hill.These investments will act as a catalyst for the ongoing commercial investment, job generation and development of the broader region.
Demographics (source: CoreLogic RP Data)
Rental yield (source: REIV & realestate.com.au)
Capital growth (source: CoreLogic RP Data)
Consistent capital growth (average 5.5%) over a number of years without the volatility experienced in other markets.
Household structure Household occupancy
Population growth (source: forecast.id)
Population is forecasted to increase by 37% over the next 20 years from 106,288 to 145,197.
Ballarat units achieve strong rental yields compared to Melbourne units and other regional areas.
Region Gross Rental Yield Median Rent
Metro Melbourne 4.20% $410
Regional Victoria 5.10% $250
Ballarat 5.20% $250
$-
$50,000
$100,000
$150,000
$200,000
$250,000
$300,000
$350,000
$400,000
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Rental Appraisal2 bedroom, 1 bathroom
Depreciation Estimate
2 bedroom, 2 bathroom
3 bedroom, 1 bathroom 3 bedroom, 2 bathroom
Cashflow Analysis – example 2 bedroom, 1 bathroom townhouse
Tax position
Rental income $13,036
less expenses
Cash expense
Interest expense $8,638
Property management $913
Council & water rates $2,000
Owners corporation fees (includes Building Insurance)
$1,200
Landlord Insurance $300
Total cash expenses $13,051
Non-cash expense
Depreciation $8,997
Total non-cash expenses $8,997
Property tax loss (rent income less expenses) ($9,012)* This is based on the individual’s income range, assumed to be $80,001 -$180,000.
Disclaimer: Although care has been taken to ensure the accuracy of theinformation provided, the vendor or the agency assumes no responsibility. Theuser of this information agrees to perform their own due diligence and seekprofessional advice prior to making any investment decisions.
Cashflow position
Rental income $13,036
Tax saving/refund (Property tax loss x Tax rate) $3,334
less
Total cash expenses $13,051
Net positive cashflow
Per year $3,319
Per week $64
Assumptions
Purchase price $224,950 Estimated rent per week (5.8% yield) $250
Loan amount (80%) $179,960 Property management fees 7% of rent
Interest rate 4.8% pa Marginal tax rate * 37%
Cashflow Analysis – example 3 bedroom, 2 bathroom townhouse
Tax position
Rental income $15,121
less expenses
Cash expense
Interest expense $9,790
Property management $1,059
Council & water rates $2,200
Owners corporation fees (includes Building Insurance)
$1,200
Landlord Insurance $300
Total cash expenses $14,549
Non-cash expense
Depreciation $9,646
Total non-cash expenses $9,646
Property tax loss (rent income less expenses) ($9,073)* This is based on the individual’s income range, assumed to be $80,001 -$180,000.
Disclaimer: Although care has been taken to ensure the accuracy of theinformation provided, the vendor or the agency assumes no responsibility. Theuser of this information agrees to perform their own due diligence and seekprofessional advice prior to making any investment decisions.
Cashflow position
Rental income $15,121
Tax saving/refund (Property tax loss x Tax rate) $3,357
less
Total cash expenses $14,549
Net positive cashflow
Per year $3,929
Per week $76
Assumptions
Purchase price $254,950 Estimated rent per week (5.9% yield) $290
Loan amount (80%) $203,960 Property management fees 7% of rent
Interest rate 4.8% pa Marginal tax rate * 37%
Reasons to invest in Kilara Townhouses
Location
Ballarat Central is only moments away. Be close to work, but return to a relaxing environment at the end of the day. Public transport, education institutions, recreational parks and lakes, supermarkets, shops and restaurants are within minutes of Kilara Townhouses.
Premium inclusions
This is a full turnkey package – no hidden costs, no more to spend. Luxury inclusions are considered standard throughout all townhouses – plush carpets, timber-toned floorboards, downlights in living and kitchen area. Each townhouse has their own rear private open space, perfect for entertaining.
Excellent investment returns
Achieve high rental yields for both two and three bedroom townhouses, with a proven track record of steady capital growth in Ballarat. Tax depreciation on brand new homes is exceptional when compared to older existing homes.
Quality construction and peace of mind
High quality construction by a reputable local Ballarat builder. Save on living costs with an efficient 6 star energy rating. Have peace of mind with a 6 year builder’s warranty for structural defects.
Reasons to invest in Ballarat
Government investment
Population growth
Affordability (median price)
Rental population
Capital growth Rental yield Strong economy
$100+ millTo deliver thousands
of local jobs and drive significant economic
growth into the future.
37%Over the next 20
years
$340KCompared to
Melbourne houses $770K
39%Of Ballarat residents
5.5%Average annual growth per year
5.2%Compared to Metropolitan
Melbourne 4.2%
Education, healthcare, tourism, retail trade and manufacturing. Boosted
by large organisations such as Ambulance Victoria,
State Revenue Office, IBM, McCain and Mars.
DISCLAIMER The content of this brochure were produced prior to completion of construction. Photographs and artists impressions depicting the site, master plan, interiors and exteriors are meant as a guide only. The information provided herein is believed to be correct but is not guaranteed. Changes may be made during the development and dimensions, specifications and fittings may be changed without notice. Purchasers must rely on their own enquires. This brochure is indicative only and is not an offer or contract.