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Brand New 3 Bedroom Townhouse Just 2.5km From The CBD

Property ID: 15059635
Purchase Price $340K
Estimated Rental return $350 per week
Estimated Gross Yield 5.35%
To Be Constructed
Own Title So No Body Corporate

This is a unique opportunity to own a townhouse in a great part of 1 of the fastest growing cities in Australia, without having to pay a body corporate. Taking into consideration the depreciation benefits, this property can be positively geared.

FACILITIES AND INFRASTRUCTURE NEARBY

This property has a bus stop right around the corner and there is a new shopping centre with Coles as the anchor tenant being built 200 meters away. This project will create 700 jobs.

Tenants can walk to Schools, Childcare, Restaurants. Coffee shops and Parks.

Within a 4 minute drive there are Banks, Doctors, Pharmacy's, Australia Post and a Cinema.

There are 5 Private Schools and 7 Public Schools within a 5km radius of the property.

2.6 km to 2 Hospitals.
3.8 km to a University Campus.
5 km to a TAFE campus.2.5 km to CBD.
1.5 km to Train station.
3.1 km to the largest Shopping centre in the City; with Aldi, Coles, Kmart, Target and Woolworths and over 150 specialty stores.
5km to a large new Industrial Park to be constructed and is expected to bring 14,000 jobs to the area.
7.3km to a $1 Billion Industrial estate.

THE LOCATION

The population of this region is forecast to more than double in the next 15 years, bringing an additional 75,000 jobs to the city. An additional 120,000 jobs are expected to be created within travelling distance to this location.

There is currently $Billions in infrastructure spending planned for this city. As a result this region is projected by property experts to see strong capital growth over the coming years.

Critical Facts About This Location

Online enquiry rate in the city and almost 30% higher than the state average.
Vacancy rates are at just 1.6% and have consistently been below 2% for a number of years (2 - 3 % vacancy rate is seen as a balanced market).
Available properties on the market have halved in the last 8 months.
There is only 1 block of land available for sale in the suburb. The location is established so there in limited opportunity to construct new housing.
The number of sales and rental returns have increased over the past 12 months.

TOWNHOUSE DETAILS

3 Bedrooms, walk in robe in the main and built in robes to the other bedrooms;
2 Bathrooms including en suite to the main plus a powder room;
Study than can be used as a 4th bedroom;
Single lock up garage + an additional Parking space
Modern kitchen with granite bench tops, stainless steel oven, cooktop, rangehood & dishwasher. There will be a feature wall splash back and chrome tap ware.
Bathrooms will have heat lamps/exhaust fans, clear glass shower screens, designer cabinets plus chrome tap ware and towel rails;
2 split system air-conditioning units, 1 in the living area and 1 in the master bedroom;
Small balcony off the master bedroom;

Call Matthew Barnes on 0430 979 900 for further details.

* Please note, photos supplied are from previous constructions by this builder and are a representation of the quality of finish you can expect in this property.

Matthew Barnes

Enquire Now

Land Area: 188m2

Type: Residential, Townhouse

Investment Strategy: Capital Growth

Gross Yield: 5.35%

Estimated Cash Flow: $10

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Matthew Barnes

Enquire Now

Land Area: 188m2

Type: Residential, Townhouse

Investment Strategy: Capital Growth

Gross Yield: 5.35%

Estimated Cash Flow: $10