Situated in a suburb of the major growth city of Queensland. This is one of the fastest growing areas in the Western Growth Corridor of Brisbane Qld. Close to all major highways and arterials including the Logan Motorway and the M1 Pacific Highway- affording easy access to Brisbane, SSCoast and Gold Coast and beyond to Toowoomba and Ipswich areas. Major employment hubs nearby and housing demand is enormous – Plenty of jobs around here so plenty of rental demand.
Modern, slick and spacious – this modern rendered home is unique in that it is two dwellings. Approved dual living design concept allows the investor greater flexibility and also much greater income return. Two completely separate and private living spaces are created by the party wall division giving noise reduction but more importantly fire safety for your tenants. Pay only one rates payment (not two like a duplex) no body corp fees, separate meters for both power and water (tenant pays) two separate managements by your property manager – it is that easy!
Land is registered, and these plans have already been approved by Council so building can begin as soon as land settles. Have tenants in here paying rent before Christmas.
This property also avoids the additional payments that council now impose on dual occupancy properties in Logan. So you are the winner as this saves around $12,000 in additional headworks costs and fees just paid to the council!
Land: 350M2 $225,000 Registered
House: DUAL OCCUPANCY: 5 BEDS, 3 BATHS 1 CAR + FREE STAND ONS ITE CAR PARK
TOTAL SIZE: 195M2 Build price Contract: $290,500
MAIN DWELLING: 3 BEDS, 2 BATHS, 1 CAR
AUXILLIARY DWELLING: 2 BED, 1 BATH, plus one concreted on site car park
⢠Turn Key – tenant ready
⢠Fixed price Contract
Inclusions and Specifications
Request full inclusions and specifications list
Rental Estimate: $590 to $630 per week total combined – Gross yield 7.27%
REQUEST FULL MARKETING BROCHURE FOR FURTHER DETAILS
To Purchase: EOI required to reserve,
TWO CONTRACTS – $1000 holding deposit. 21 days finance,
On Unconditional increase deposit on land to 10% of price
Land is registered so land settlement will be 14 days from finance approval,
Unconditional finance pay 5% initial deposit to builder.
Progressive construction drawdowns. Full information supplied to Lender.
Build time estimated at 12-14 weeks.
FOR SALE: $515,500
Kaye Tilley 0418 823 046
JOHN TILLEY 0417 04 14 24