Phone enquiry code for this property: 2848

Property investment opportunity

With building licence approved and building ready to commence immediately, secure your developers profit without the wait

With registered valuations of $295,000 lock in your profit immediately

About the development;

Located in Gosnells, 5min walking distance from Gosnells train station, bus terminal, shopping district, restaurants and city of Gosnells and government amenities.

A 10 unit development consisting of 2 stories (5 ground floor, 5 first floor), each unit consists of 80M2, 2 bedroom one bathroom plus store room and balcony/veranda.

All units are finished to a high standard and 7-8 star energy efficiency rating, with the development next door having just been completed in June 2016 the quality can be seen.

The property developers will be retaining 60% of the development and are offering 2 investment options for the remaining 40%

Option 1

Buy off the plan standard terms (2 units available)

Unit price $285,000

10% non-refundable deposit balance within 28 days of title

Contract to be a land and building contract to reduce stamp duty

Option 2

Buy off the plan progress payments (2 units available)

Unit price $255,000

Progress payments to meet the building schedule

1. Deposit 6.5%,

2. Slab down 20%

3. Wall plate height 10%

4. 2nd Slab down 5%

5. 2nd Wall plate height 15%

6. Roof cover on 20%

7. Lockup 15%

8. Completion / Handover 8.5%

Contract to be a land and building contract to reduce stamp duty

Phone enquiry code for this property: 2848