Description:
Located in Logan, the housing scene in this area is projected to grow exponentially within the near future and reward home owners with potentially excellent ROI. The new duplex construction offers owners the choice of receiving two sources of income due to the dual dwelling or the opportunity to reside in one part of the duplex while receiving income via tenants in the other section of the duplex. Each home within the duplex holds 3 bedrooms, 2 bathrooms and a generous living area. The location gives tenants the freedom to live their lives as desired, as the area is complete with numerous schooling options, supermarkets, and public amenities. While also being within close proximity of Brisbane, those who currently work in the city will find travel extremely easy and worthwhile. Kingston is the perfect location for those looking to escape the bustling city but still remain close enough for practicality. This highly sought after balance ensures that this property will be highly contested, so please contact quickly!

Build Size: 261.42m2

Total build features: 6 beds, 4 baths, 2 cars

Rental estimate: see letter: $760 to $820 per week combined income
Estimated Rental Yield on Investment: 5.1%
Inclusions: Full list attached

Land Size: 2671m2
Land Registration: June 2021

Fixed Price – Turn-key contract:
Two contract purchase – Land contract plus HIA Building contract.

Expression of Interest (EOI) to hold – $1000 fully refundable deposit.
21 days for finance approval – land settlement 35 days from date of contract or 14 days from the registration of title (July 2021)
5% deposit paid on unconditional for Building Contract – progressive drawdowns on the HIA build contract.