SOLD
Sold on 02 Nov 2023 for $1,200,000

1 Cotton Circuit
Gisborne VIC 3437

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 811m2
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Property Details for 1 Cotton Cct, Gisborne

1 Cotton Cct, Gisborne is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 811m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 4 bedroom House sold in Gisborne in the last 12 months.

Building Type
House
Land Size
811m2
Local Government
Macedon Ranges
Lot/Plan
105/PS831703

Last Listing description (September 2023)

This remarkable property on an 812m2 (approx.) allotment overlooking future parkland in Willow Estate offers a guaranteed leaseback for the display period, ensuring a secure and prosperous future. Just 55 km north of Melbourne, enjoy a country lifestyle with easy access to Gisborne's amenities and picturesque surroundings.

The master suite, with a double ensuite vanity and walk-in-robe, takes pride of place at the front. Three additional bedrooms, a family bathroom, and a well-positioned laundry are intelligently grouped towards the rear for optimal functionality.

The stylish kitchen serves as the heart of the home, featuring a breakfast bar island and a convenient walkthrough butler's pantry. The main living and dining areas flow gracefully, separate from the kitchen, leading to an inviting Alfresco space with a built-in BBQ and a stunning fire pit.

Additional highlights include a separate rumpus room and a dedicated study with a home office fit out, offering flexibility for work-from-home arrangements.

Key Features:
- Dedicated Home Office for enhanced productivity
- Walk-in Pantry/Mud Room for efficient organization
- Sprawling Open Plan Living areas for versatile use
- Garage Workshop Extension for added convenience

*Projected at a 7% return based on the advertised price, calculated as an annual yield rate, and paid throughout the lease term. Metricon covers all statutory outgoings and utilities (excluding land tax) during the lease term, including council rates, insurance, gas, and electricity.

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Property History for 1 Cotton Cct, Gisborne, VIC 3437

A timeline of how this property has performed in the market
Last Sold
$1,200,000
02 Nov 2023
  • 02 Nov 2023
    Sold for $1,200,000
  • 14 Jun 2023
    Listed for Sale $1,390,000
  • 21 Jan 2021
    Sold for $407,000

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About Gisborne 3437

The size of Gisborne is approximately 96.4 square kilometres. It has 33 parks covering nearly 38.2% of total area. The population of Gisborne in 2011 was 7,289 people. By 2016 the population was 8,982 showing a population growth of 23.2% in the area during that time. The predominant age group in Gisborne is 0-9 years. Households in Gisborne are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gisborne work in a professional occupation. In 2011, 79.7% of the homes in Gisborne were owner-occupied compared with 80.2% in 2016.

Gisborne has 5,620 properties.

    There are currently 85 properties listed for sale, and 23 properties listed for rent in Gisborne on OnTheHouse. According to CoreLogic's data, 228 properties were sold in the past 12 months in Gisborne.

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