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$3.9M total
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Asset Class
Land
Size
—
Building class
C
Zoning
UR — Urban Reserve
$ / SF
—
Occupancy
85%
An exceptional opportunity to own with 96.3 acres in a peaceful country setting, offering a combination of workable farmland, outbuildings and a charming century home filled with character and potential. Set along a paved road, this beautiful two-storey yellow brick home showcases its original 1880s Victorian craftsmanship, featuring intricate decorative masonry, stepped corbelling, ornamental dentil brickwork, horizontal brick banding and distinctive corner detailing. An enclosed side porch welcomes you into a home offering four bedrooms, one bathroom, main-floor laundry and a cozy wood-burning fireplace in the dining room. The property offers approximately 82 acres of systematically tiled workable land with Listowel Silt Loam and Parkhill Loam soil. Additionally there are 12 acres of bush +/-, and approximately 2 acres +/- surrounding the home and outbuildings, providing serene rural living. An assortment of outbuildings adds to the property's versatility, including a detached garage, Quonset hut and several barns currently used for dry storage. Complete with a drilled well, paved road frontage and an abundance of possibilities, this property offers the opportunity to enjoy country living, expand agricultural pursuits or bring new life to a home rich in history and character. A rare opportunity to own a substantial country property with productive acreage, space and endless potential. (id:66811)
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Monthly debt service
$18K
Projected NOI
$156K
Annual cash flow
$-57K
Cash-on-cash
-4.95%
DSCR
0.73
Going-in cap
4.06%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
90,760
Households
39,581
Median income
$123,000
Median age
36.9
Daytime population
153,256
5-yr growth
6%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 5173 LINE 6 LINE, Perth South (Blanshard).
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.