Description:
Located in the beautiful Park Ridge, this property offers an extremely lucrative opportunity for investors looking to buy-in to the South East Queensland housing boom! Investors looking for an extremely fruitful rental return will be rewarded with this home, as it boasts a whopping 4 bedrooms in addition to a large living room conjoined to the dining area. This investment resides within the vibrant brand-new community, featuring an open landscape that captures the open country essence of Park Ridge while being within only 30km from the Brisbane CBD! The Return on Investment potential has touted this property as MUST BUY!

Build Details:
Build Size: 203.89M2
Build Price: $274,813
Total build features: 4 beds, 2 baths, 2 cars
Rental estimate: see letter: $420 to$440 per week combined income

Estimated Rental Yield on Investment: 4.5%
Inclusions: Full list attached

Land Details:
Land Size: 390m2
Land Price: $227,000
Land Registration: June 2021

To Purchase:
Fixed Price – Turn-key contract:
Two contract purchase – Land contract plus HIA Building contract.

Expression of Interest (EOI) to hold – $1000 fully-refundable deposit.
21 days for finance approval – land settlement 35 days from date of the contract or 14 days from the registration of title (July 2021)
5% deposit paid on unconditional for Building Contract – progressive drawdowns on the HIA build contract.