Dual occupancies are the flavor of the month with savvy investors. They give you the advantage of higher yields and two separate incomes, this makes them a safer investment over single income properties, and why not Caboolture.

Caboolture is set for massive population and employment growth situated in the fast growing Moreton Bay region. Situated in Caboolture, a major centre just 48 minutes north of Brisbane CBD and 43 minutes south of the Sunshine Coast.

It is considered to be the northernmost urban area of the greater Brisbane metropolitan region. Commuter access is direct with choices of bus and rail services and road via the Bruce Highway and Gateway Arterial making this popular residential area with strong investment potential. The Moreton Bay region is known as the economic heart of the Northern Growth Corridor of South East Queensland. Residents are within minutes of everything they need, award winning schools, top performing universities, numerous childcare centres, a diverse range of medical centres, a public and private hospitals, a plethora of shopping centres and neighborhood centres, train stations and bus stops.

FINER DETAILS

Dual Occupancy
Main unit: 3 bedroom, 2 bathroom, single garage
Auxiliary Unit: 2 bedroom, 1 bathroom, single garage.

Land size: 454sqm
Land Price: $481,000

House size: 200sqm
House Price: $294,000

Total Package
Fixed Price: $481,000

Rent: $620 –$670 combined per week estimated, 7.24% yield.

To Purchase: Two contract purchase – LAND AND BUILD
EXPRESSION OF INTEREST: Holding deposit required of $1000 on signing the EOI
Within 7 days contracts will be issued to buyer for signing and return
Finance period: 21 days from contract date
Land settlement: 14 days from date of title registration or if registered 14 days from finance approval
Build: Loan needs to be progressive construction draw down loan
Time frame: from time land is registered and purchased -
4 weeks for construction approval from local council
14-16 weeks building period to completion and hand over

Total Package: $481,000
Ring or email Michael Now: 0459 550270
michael@mypropertyshop.com