Location is very close to the major infrastructure of Springfield Lakes – have all the benefits of living and investing so close to Springfield Lakes but with a much lower price tag. The opportunity to invest here is fantastic. It is location only 10 minutes from the Orion Shopping Centre, as well as Bunning’s hardware and other major outlets. There are local Redbank Plains shops just 2.5kms from the estate including all the conveniences of Woolworths, Hairdressers, fast food restaurants, medical centres. Saint Augustine College is just 5km away, and it is just under 6km to Brookwater Village. Education City (University) in Springfield lakes is just 9.5 km from Six Mile Creek.
Easy and reliable commute either by train or by car into the CBD of Brisbane
Great access to major road networks

Dual Occupancy details:
Land: Lot 3 SOE STREET, Banksia Heights Estate – Redbank – size 428m2 $190,000
Dwelling 1: 4 beds, 2 baths, 1 car
Dwelling 2: 1 bed, 1 bath, 1 car
Total of dwelling: 184m2 – Build Cost: $280,000
BUILD FIXED PRICE CONTRACT: – Full turn key price/tenant ready
Inclusions summary:
Please refer to the full specifications list included

Rental: this property should achieve between $720 and $670 per week rental based on local agents advertising –
At maximum rental this would achieve 7.3% gross income yield

To Purchase: Two contract sale: off the plan – EOI $1000 initial deposit, Finance 21 days from contract date –
Land purchase 14 days from finance approval
Separate build contract with builder. Unconditional finance 5% deposit on build contract with progressive drawdowns. Build time 18 weeks approx.

FOR SALE: $470,000

KAYE TILEY 0418 823 046

John Tilley 0417 04 14 24