Why Marsden? Consistent long term growth, above average rental returns and low vacancy rates makes Marsden attractive to investors. Several schools, an abundance of shopping options along with numerous employment hubs makes the Logan area and Marsden in particular an “in demand” area for housing.
The Opportunity: this property gives twice the opportunity. Not one rent but two! From the street front it appears to be a single family home, but it is when you look inside that you realize that there are two separate dwellings included in this property. That is right – two dwellings – two incomes! This property is strong positively geared right from the first month for most investors.
• The features of a dual living property are:
• Positive cash flow
• Low outgoings – no body corporate fees, low council rates and water rates
• Achievable rents are approx 50% higher than the typical 4 bedroom house
• Located in high growth area, with high rental demand
• Located in prime quality residential estates
• Located in high population areas close to fast expanding hubs
• Larger lots
• Lower your risk – if one dwelling is vacant, the additional one is still producing income
• Close to schools, shops and all other services and recreational facilities
This property is:
Land: 600m2 Price: $259,000 Land registration TBC
Home: 237.23m2 Build: $331,839
5 beds in total = 3 beds, 2 baths, 1 car PLUS 2 beds, 1 bath, 1 car
TURN KEY PRICE CONTRACT: $590,839
RENTAL ESTIMATE: $630 to $660 per week
Inclusions:
20 YEAR STRUCTURAL GUARANTEE , Full face brick/render finish and color bond roof, Split system air cons to living areas, Site works on this are included, a fire and sound rated Party Wall System is included to the value of $3500, 6 star energy rating, Professional internal and eternal colour schemes, Premium Dulux 3 coat system, roof sarking as per EE report, security screens to all external doors, flyscreens to all windows, window furnishings are included throughout, Carpeted and tiled throughout, two separate alfresco areas under roof, Driveway and pathways, Fully turfed and landscaped, Clothesline and letterbox, Fully fenced, Clothesline and Letterbox,
Note: Category 2 acoustic attenuation home construction – per Logan City Council requirements

FOR SALE: $590,839