$680,000 - $730,000
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46 Patterson Drive, Kyneton VIC 3444

House
422
Block size: 900 m² approx.

Close to the magical 5% return

With a current 4.6% gross rental yield this solid investment represents, arguably, one of Kyneton's strongest investment opportunities.

Currently leased at $2842 per month until the 14th of May, 2025 and a great renter in place committed to a long lease and further terms, this smart modern property ticks all the boxes for the astute investor.

Set on 900sqm the well-maintained residence offers an open plan living and dining space providing convenient and easy maintenance living.

The open plan living area is spacious, and the kitchen has a stone island bench along with modern appliances and ample storage. The living space is light filled with a large bank of windows and sliding doors to the alfresco area and the rear garden. .

The home has 4 bedrooms, 3 of them positioned off the front hallway with BIRs and the main bedroom at the rear with large WIR and a thoughtfully appointed ensuite. The family bathroom offers a modern feel with a large shower and bath.

The home has ducted heating, evaporative cooling, solar panels, a double garage and is located close to schools, the hospital and everything Kyneton has to offer.

Kyneton is a thriving community with great connectivity to Melbourne via the Calder Freeway or Railway along with great schools. Enjoy a mixed lifestyle of country and convenience with boutique shops, award winning restaurants and the beauty of the Macedon Ranges.

This modern home is an easy set and forget investment on a large 900m2 block.

Inspections

No open inspections scheduled.

Send an enquiry

Contact Nathanial Briggs to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
4
Bathrooms:
2
Garage Spaces:
2
Property type:
House
Block Size:
900 *

Other Details

Lot:
126
Plan:
PS524116
Legal description:
126\PS524116
Ray White Kyneton

Maps and area information

Block information
Block size: 900 (approx)
Legal description: 126\PS524116
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

Property history

We couldn't find any history for this property.
See Kyneton's suburb profile

Statement of information

Section 47AF of the Estate Agents Act 1980
Download Statement of Information
Indicative selling price, median house price for the suburb and comparable sales information has been provided by the agent in compliance with Estate Agents Act 1980.

Kyneton suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
48 years
Population
7,513
Listing ID: 181314636. This listing has been viewed 67 times. It was first displayed on 24/01/2023 and last updated on 07/02/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.