Xcellerate Properties

Lot 3240 - Arcadia - Officer - AUD 791,653.00

Officer, Melbourne, VIC, 3809

Lot 3240 - Arcadia - Officer - AUD 791,653.00

Officer, Melbourne, VIC, 3809

Description

*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us.*

Officer is a rapidly developing suburb located approximately 48 kilometers southeast of Melbourne's Central Business District, within the Shire of Cardinia. Historically known for its agricultural roots, Officer has transformed into a thriving residential area, attracting families and professionals seeking a balance between suburban tranquility and urban accessibility.

The suburb boasts a range of local amenities, including numerous parks, walking trails, and recreational facilities. Notably, Dragon Park was voted Victoria's Favourite Playground in 2021. The Comely Banks Recreation Reserve, currently under construction, is set to feature multiple sports fields, a pavilion, and open spaces, further enhancing the community's recreational offerings. ​

Shopping needs are well-catered for with the Arena Shopping Centre serving as the primary retail hub. It hosts major supermarkets, specialty stores, and dining options, ensuring residents have convenient access to essential services and leisure activities. ​

Education is a strong focus in Officer, with a variety of schools catering to different age groups and educational preferences. Institutions such as Officer Primary School, Officer Secondary College, and St. Francis Xavier College provide quality education options within the suburb. Additionally, private and specialist schools, including Maranatha Christian School and Officer Specialist School, contribute to the diverse educational landscape. ​

Transportation in Officer is facilitated by the Officer railway station on the Gippsland line, offering residents a direct link to Melbourne and surrounding areas. The suburb's proximity to the Princes Freeway and Princes Highway ensures efficient road connectivity, making commuting straightforward for both public transport users and drivers. ​

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Location

  • Address:

  • State/County:

  • Officer

  • VIC

  • City:

  • Zip:

  • Melbourne

  • 3809

  • Area:

  • Country:

  • Officer

  • N/A

Property Details

Property ID:

32646

Price:

$ 791,653.00

Land Price:

$ 425,000.00

Build Price:

$ 366,653.00

Gross Return:

$ 28,600.00

Gross Yield:

3.94%

Property Size:

208.85

Capital Growth 12 Months:

3.26%

Capital Growth 10 Year Annualised:

5.41%

Vacancy Rate:

0.76%

Property Type:

House and Land

Property Status:

N/A

Weekly Rent:

$ 600.00

Rooms :

4

Bedrooms :

4

Study Rooms :

N/A

Bathrooms :

2

Garage :

2

Garage Size :

N/A

Storeys :

N/A

Title Status :

Registered

Estate :

Arcadia

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