On a low budget or just want peace and quiet? This is a phenomenal opportunity to jump onto the real estate ladder without it bursting the bank…..So why this cheap?
Property ownership in Australia is becoming increasingly more expensive. With a rapid rise in property prices, more first-time homeowners are turning to different ownership options. Two of the most popular options are joint tenancy vs tenancy in common.
This is a tenants in common property where you are buying a defined share (in this case 5 acres) in a larger parcel of real estate (total 80 acres). This is why you can purchase cheaper. Rates are only an incredible $600 (approx) per year.
The current owner has enjoyed this property for 30 years…
The dwelling has 3 bedrooms, 1 bathroom/Laundry, kitchen, living area and large outdoor undercover area. It’s also air conditioned and screened.
The gardens are open and sunny, with the area around the house fully fenced for dogs, pets or children.
If you have or would love to have horses – it’s all set up and ready to go. 4 fenced paddocks, full dressage arena, 3 stables and a large shed.
All of this on 5 acres for an unbelievable value for money price of offers over $385k. Cash contract only – banks will not provide finance for a Tenant in Common title.