I’ve said it before and will probably say it again I just love these price reduced opportunities that come up in established suburbs close to Brisbane. Solid as they get and with more prospect of higher capital gain!

The Eastern side of the Freeway in Loganholme is superior in quality and price to most property on the Western side of the M12 Gold Coast Highway. There are very few lots available for sale here and land pricing usually starts above $300k. Securing this lot for $250,000 for this package has allowed us to release this gem.

Walking distance to transport, Woolworth’s Cornubia, Gym, Cafes, Childcare and only 2.2km to Logan Hyper dome, Many great public & private schools all very close (St Mathews Primary School, Chisholm College and John Paul College, Shailer Park Primary and High).

Growth Corridor: New housing development in Logan City, over the next five to ten years, is in short supply. As a result, the price/m2 of land is rising and rapidly.
There are talks with local members of council that this particular pocket of Loganholme which is adjacent to Cornubia and Shailer park is also in the process of being re-named from Loganholme to Cornubia which should see an increase in the value of properties in this locale.

This generous sized dual occupancy features 5 bedrooms, 3 bathrooms and 2 single garages

* Dual living 3+ 2 * Brick veneer construction * 6 star energy efficiency * Turf & 10 SQM landscape gardens * Fully fenced * Concreted driveways, paths & patios * Split to both units with remote controls * Lever door handles throughout * Fully painted with Taubman’s quality paints * Stainless Steel Euromaid appliances * Clothesline, TV antenna & letterbox * Carpet & Tile throughout * Vertical blinds to all windows * Safety screens & window locks * Security screen to external doors * Fan light to bedrooms * Garage remote controls * 12Mths Maintenance Period * 6yr Structural Warranty

Two dwellings and two incomes! For you the investor: All fees and charges included in price. Fixed price and costs. Separately metered for power and water – tenant pays!

THE PACKAGE: Off The Plan purchase – two contracts: Land and Build (pay Stamp Duty only on the land!) Expression Of Interest With $1000 holding deposit will secure for you whilst you do your research and due diligence. Land registered.

Finer Details

Dual Occupancy:
Main Unit: 3 bed, 2 bathroom, single garage
Aux Unit: 2 bed, 1 bathroom, single garage

Full turn key package

Rent: $710-$750 combined per week.
rental guarantee available. Please ask.

Land; 370sqm
Land Price:$240,000

Dual Occ: 218.89sqm
Dual Occ Price: $342,786
Total Package: $582,786

Full Inclusion list available: Please ask.

To Purchase: Two contract purchase – LAND AND BUILD
EXPRESSION OF INTEREST: Holding deposit required of $1000 on signing the EOI
Within 7 days contracts will be issued to buyer for signing and return
Finance period: 21 days from contract date
Land settlement: 14 days from finance approval
Build: Loan needs to be in the form of progress payments, draw down loan

Time frame:
4 weeks for construction approval from local council
14-16 weeks building period to completion and hand over

Call Michael now on 0459-550270
Email: michael@mypropertyshop.c