We are very pleased to present these luxury golf course frontage terraces located in torquay in Victoria’s south. this premium development consists of 36 terraces, selling from $599,000 and with an option of a 5 year rental guarantee.
The Fairway Club, Torquay, are great high end Torrens title terraces that all have direct golf course views. You can lease them back to the resort manager for 5yrs and get a 4.9% guaranteed income and they pay 1/2 outgoings + offer 3 weeks per annum access.
Just over an hours drive from Melbourne, and 25 minutes south of Geelong, an enviable lifestyle awaits at Torquay’s newest premium development, The Fairway Club. Luxury terraces priced from $599,000.
Geelong is Victoria’s second largest city with a population of approx 235,000 is set to grow by 36.5% to over 320,000 in under 20 years and more than double in size to over 500,000 by 2050.
With Melbourne growing at an astonishing 125,000 people in 2016, its boundaries are exploding. To put that growth into perspective, at that rate, it will grow by a city the size of Adelaide in only 8 years. That is insatiable demand for new housing. The Victorian government understands the need to direct some of this massive growth to its second largest city Geelong. They have just doubled the FHOG to encourage buyers to relocate to Geelong.
This pinnacle of modern living introduces Torquay to a new elegance in architectural design. A distinguished address is located on The Championship Golf Course of The Sands, and is only footsteps away from the Surfcoast’s iconic beaches. These exclusive terraced homes boast modern clean lines that are complimented by European appliances, expansive open plan living spaces, secure car parking, private balconies as well as a magnificent common area that caters for BBQs and family fun.
The Sands Torquay golf course is a unique 18-hole links style championship golf course, that has been moulded into the sand dunes in the beautiful setting of Victoria’s Surf Coast. Designed by Australia’s very own world ranked professional golfer, Stuart Appleby, this course offers a championship challenge for the low handicapper and an enjoyable challenge for the weekend golfer.
Health and wellbeing are at the forefront of much of the amenity provided at The Sands Clubhouse. An on-site gymnasium, indoor heated swimming pool and tennis court are all available to residents of The Fairway Club all year round. For those who love the outdoors, there are endless walking trails, easy access to the various beaches of Torquay for a swim or stroll and the main street for all your shopping needs.
The Hanners Restaurant and Bar is one of the region’s most desired dining destinations for locals and visitors and is a short stroll away. The Surf Coast region provides an abundance of fresh food and gourmet wines constantly inspiring Hanners’ talented chefs or head into town to enjoy one of the fine restaurants that Torquay and surrounds has on offer.
The Fairway Club in Torquay is one of few developments that truly provides residents with unparalleled lifestyle options. The encouraged activity of being located on a championship golf course and the iconic Bells Beach just around the corner are just two of the many activities that are provided by the spectacular Surfcoast of Victoria and Great Ocean Road.
These fully turnkey homes are to be built with inclusions such as an attractive facade, quality landscaping package, square set ceilings, 100% wool carpets, flyscreens, colour intercom with door monitor, pre wired for Foxtel, NBNco hub, dimmable light to living and main bedrooms, solar gas boosted hotwater system, LED downlights and strip light throughout, gas log fire to living area, split air-con to living area and all bedrooms, stone bench tops, stainless steel SMEG appliances, gas point for BBQ to external courtyard and more.
NOTE: Purchasers have the option to sign a rental guarantee option with Wyndham. If so, an additional $25,000 furniture package must be added to the purchase price. This will only add to the depreciation benefits that you will receive.
Rental guarantee is as follows – 5 years at 4.9% with the ability for your client to use the property 3 weeks per year (2 weeks off peak and 1 week peak time). The tenant will also pay half of the council rates.
Deposit Requirements: Initial $2,000 deposit required with EOI. Balance of 10% due at Exchange.