Introduction
IPS have access to brand new house and land packages the Eminence Estate, Doreen. Nestled in Melbourne's north east, and located on Cookes Road in the heritage rich region of Doreen, Eminence enjoys undulating views across
the Plenty Valley and towards the CBD. Doreen is located only 27kms from Melbourne CBD and is conveniently situated near the Metropolitan Ring Road which allows an easy 35 minute drive into the city centre.
Eminence Estate
Offering an extensive range of onsite recreational facilities as well as immediate access to natural parklands and open space, Eminence is the ideal place to enjoy a special community lifestyle. With access to over eight hectares of recreational spaces Eminence will offer future residents the perfect place to enjoy the great outdoors with a range of parks and leisure areas, two full sized soccer pitches and children’s playground equipment.
‘Graff’s Park’ is another key feature of the estate that offers a series of walking trails and bike paths as well as barbeque facilities, seated areas and open space. Currently under construction and due for completion in early 2009, Graff’s Park
will also include the construction of an interpretive version of the original ‘Graff’s Cottage’, a nineteenth century farmhouse which is set to become a meeting point for residents.
Presenting all the means for an active lifestyle, Eminence is located close to local recreational and community facilities including the Yarrambat Public Golf Course, Doreen Football Oval and the beautiful Plenty River parkland.
Special Features
Doreen has easy access to all the following areas which are calculated as the crow flies:-
Melbourne CBD (27kms) Easy access via main arterial roads allows an easy 45 minute car trip to the City Centre
Melbourne Airport (26kms) 32 mins drive to the Melbourne International Airport
Shopping Centres
Westfield Plenty Valley (7.2kms) Retail stores include
Coles, Aldi and Target as well as up to 190 specialty
retailers such as a newsagency, financial services, florist,
dry cleaning, book stores, travel agent and photo shop.
University Hill Shopping Centre (10.2kms) Major
shopping centre.
Greensborough Plaza (11.6kms) Major shopping
centre.
Schools
Ivanhoe Grammar School (800m) Prestigious multi
level private school for K to Y12
Mernda Primary School (1.8kms) Local Primary School
Plenty Valley Christian School (1.9kms) Local
Christian School
Doreen Primary School (2kms) Local Primary School
RMIT University, Bundoora Campus (10.4kms)
Public Transport
Metropolitan Buses Servicing all local areas
Greensborough Train Station Local Train Station
Parks & Leisure Centres
Yarrambat Park Golf Course (3.1kms) 18 hole
Championship Golf Course
Recreation Parks
Historical Capital Growth for Doreen
Source:- Residex Market Facts April 09
Total rate for the past 3 years was - 19.8%
Average rate over the past 10 years was - 8.2% pa Conclusion These property are in the North of Melbourne and there is significant demand for houses in this area. Due to this the yields are some of the best in the country. These properties also have the 10 Year Leaseback for Investors. |