This modern 4 bedroom home is situated in the lovely Meringandan West, a quiet family orientated suburb. Families will find this suburb the perfect place for their children to play and explore the outdoor natural environment, a component of the area that is highly regarded. The property itself has been designed with a modern influence, while also offering a extremely enticing acreage package. Residents of Meringandan West are strategically positioned to ensure they can live in a quiet area while still being able to travel to Toowoomba City with ease, with the CBD less than 25 minutes from the estate. Residents in the area have access to a contemporary lifestyle mixed with the superb natural environment, with the country city charm enhancing the overall living experience. Those looking to explore Toowoomba will become familiar with the growing urban coffee culture and the street art scene. Toowoomba is also known as the Garden City, as the area is home to hundreds of stunning parks and gardens. Being situated in Meringandan West, residents will find plenty of gardens within walking distance. There are numerous world class schooling options available in the area, including Toowoomba Grammar. The highly regarded Toowoomba hospital is also less than 30 minutes from Meringandan West.
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Build Details:
Build Size: 201m2
Build Price: $466,454
Total build features: 4 beds, 2 baths, 2 cars
Rental estimate: $550-$580 per week income
Estimated Rental Yield on Investment: 4.14% – 4.36%
Inclusions: Full list attached
Land Details:
Land Size: 4000m2
Land Price: $225,000
Land Registration: Registered
Fixed Price – Turn-key contract:
Two contract purchase – Land contract plus HIA Building contract.
Expression of Interest (EOI) to hold – $1000 fully refundable deposit.
Land settlement 35 days from date of contract or 14 days from the registration of title
5% deposit paid on unconditional for Building Contract – progressive drawdowns on the HIA build contract.