FOR SALE
$2,200,000-$2,420,000 -Rental Yield $1250 P/W

8 Olive Road
Devon Meadows VIC 3977

Bedrooms: 6
Bathrooms: 2
Car spaces: 3
Land area: 2.01ha
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Exceptionally Renovated Family Retreat on a Sprawling 5-Acre Allotment!!

Welcome to this exquisite family residence nestled on an expansive 2.01-hectare approx. allotment, presenting a rare opportunity for growing families, discerning buyers, and investors alike.
This generously proportioned home boasts 6 spacious bedrooms, 2 separate kitchens, and 2 bathrooms, making it ideal for dual or multi-generational living. Recently renovated to the highest standards, the interior features quality carpets, tiled flooring, and a redesigned kitchen with modern finishes. Spanning two levels, this home is sure to exceed your expectations.
The ground floor impresses with two large living areas perfect for entertaining, flowing seamlessly into the chef's style kitchen adorned with stone benches and stainless steel appliances. Additionally, two bedrooms with built-in robes, a family bathroom, and a separate toilet complete the ground-level accommodation.
Upstairs, discover four well-appointed bedrooms with built-in robes, serviced by a central bathroom and toilet. An additional living area provides ample space for relaxation and family gatherings, complemented by a sd kitchen offering added convenience.
Further enhancing comfort and sustainability, the home features a Kinara heater for warmth, 5kW solar panels, a dam, town water supply, two large water tanks, a septic tank, bottle gas connection, and two sheds.
This property epitomizes a lifestyle of convenience and tranquility, located just a short distance from shopping centers, schools, medical facilities, and the rapidly developing Botanic Ridge area.
Note: This residence currently yields an annual rental income of $65,000 under a lease agreement.
Don't miss out on this extraordinary opportunity to own a truly magnificent home.
We look forward to welcoming you at the private inspections. Please contact Manpreet Khangura at 0405 111 405 or Nitin Bhatia at 0432 426 688 to schedule your inspection appointment.
**PHOTO ID REQUIRED AT ALL INSPECTIONS**
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Property Details for 8 Olive Rd, Devon Meadows

8 Olive Rd, Devon Meadows is a 6 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 2.01ha. The place is currently for sale with Milestone Real Estate .

Building Type
House
Land Size
2.01ha

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About Devon Meadows 3977

The size of Devon Meadows is approximately 23.4 square kilometres. It has 2 parks covering nearly 12.2% of total area. The population of Devon Meadows in 2011 was 1,606 people. By 2016 the population was 1,559 showing a population decline of 2.9% in the area during that time. The predominant age group in Devon Meadows is 50-59 years. Households in Devon Meadows are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Devon Meadows work in a trades occupation. In 2011, 84.2% of the homes in Devon Meadows were owner-occupied compared with 84.3% in 2016.

Devon Meadows has 634 properties.

    There are currently 5 properties listed for sale, and 1 property listed for rent in Devon meadows on OnTheHouse. According to CoreLogic's data, 15 properties were sold in the past 12 months in Devon meadows.

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