“Sierra” estate is Located in a quiet pocket of Logan City in the suburb of Park Ridge where you’ll enjoy all the benefits of living just minutes from established schools, shopping centres and recreational facilities. Just minutes from the M1 you’ll have the freedom to spend the weekends by Gold Coast beaches or dining in Brisbane CBD. Charming local café’s and lush parks provide a variety of activity for the whole family to enjoy. The location of Sierra Estate is simply unparralelled.
Park Ridge has experienced unprecedented growth over the past 3 years, and this is only the beginning. It is prioritised by both the Logan Council and also the State Govt to be a large and very well serviced community development offering its residents an unprecedented lifestyle with everything right at their fingertips! It surely has begun that way….

This little boutique development is in a very convenient location with very easy access to all local services and facilities and far beyond. The M1 is just a few moments drive away …. and with the already established road networks it ensures easy connectivity to all suburbs of Logan and into the inner City of Brisbane.

Park Ridge still has further growth to happen….. and will be growing for an additional 5-10 years before fully established.
Buy now and benefit from the rising land prices as growth continues…….
Please refer to our two reports which we have provided you with: they are Urbis Report and also the Residex Report – these provide extensive information on growth and development in this exciting location.

Property details: Dual occupancy with 5 beds, 3 baths and 3 car garages!
Land details: Lot 31 MT MITCHELL STREET (CORNER LOT) Sierra Estate, size: 390m2 Price: $227,900 Registered
Details: Dual Occupancy – total of 5beds, 3 baths, 2 cars
Size: 184m2 Build Price: $278,000
Dwelling 1: 3 beds, 2 baths, 1 car- size 119.54m2
Dwelling 2: 2 beds, 1 bath, 1 car – size 64.71m2

Rental estimate: $680 to $730 per week – we estimate $700 per week total
Based on $690 the gross income yield is 6.5% – based on the higher rental of $730 the gross rental yield is 7.5%.

Fixed Price – Turn key contract – tenant ready!
Off the Plan Purchase – this property is not constructed, but land is registered and ready to build on

Two contract purchase – Land plus HIA Building contract
EOI to hold plus $1000 deposit refundable – so no risk
21 days for finance approval – land settlement 35 days from date of land contract
5% deposit paid on unconditional for Building Contract – progressive drawdowns

Inclusions:
Please refer to the attached full inclusions list and also the illustrated brochure with all appliances and equipment detailed

FOR SALE: $505,900

Kaye Tilley 0418 823 046