This property is located in the council area of Logan. New boutique sized estate.
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: Lot 1 Melody Grove Estate, Marsden
Land: 450m2 Price: $229,000 Land is registering Feb 2017
Home: 217m2 Build: $300,700
5 beds in total = 3 beds, 2 baths, 1 car PLUS 2 beds, 1 bath, 1 car
FIXED PRICE CONTRACT: $551,700
House: G Developments Pty Ltd
Points Of difference; Please refer to the complete inclusions list.
RENTAL ESTIMATE: $600 to $650 per week

FOR SALE: $551,700