Phone Enquiry ID: 231660
$63,000 to buy now.
1 option to rent and buy later
1/4-acre residential land
20x50 metres
Lot 18 Cameron Street, Glenorchy Vic.
Residential property. Build your dream home, run your business or simply relax & holiday.
Close to the Grampians Stawell, Horsham. Lake Fyans, Lake Lonsdale
Option 1.
Payments of $1,500 in any month will attract free rent and reduce the purchase price by $1,500. Additional payments above the $1,500 of up to $1,000 will reduce the rent by 50% in any month. For example, for a payment of $2,500 that month the additional amount of $1,000 will reduce the purchase price by $3,000 with the bonus $500 from $63,000 to $60,000. Additional payments over $2,500 will attract a discount of 33.33% as well as the free rent. For example a payment of $3,400 will attract an additional bonus of $800 ($500 +$300) as well as free rent and reduce by $4,200 ( $3,400 + $800) the purchase price from $63,000 to $58,800. Once the balance reaches $30,000 no additional payments will be allowed. You will need to save up the $30,000 yourself or get a loan and when ready you may purchase the property with a 10% deposit You can choose to continue to rent for $500 a month until you buy the property. If you continue to rent for $500 a month with yearly CPI rent increases each year.
Option 2
Buy now for $63,000.
Fully fenced with a large front gate. 3 other gates. Horse shed and one poly water tank.
Water connected
Section 32 available on supply of email address.
The landlord pays land and water rates. $1000 a year until settlement.
The tenants pay for water usage.
There are no services except water.
Flood overlay restrictions apply towards the back of the property.
