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Brand New Dual Income, Positive Cash Flow Property Under Construction

Property ID: 14450445
Purchase Price $528K
Estimated Rent $370 + $350 = $720 per week
Estimated Gross Yield 7.09%
Expected Completion March 2017

Located in south east Qld and currently under construction this dual income property can be purchased with 2 contracts or 1 if purchasing through a SMSF.

This location is set to see an average of another 10,000 new residents each year for the next 20 years. Research points to strong capital growth over the next few years.

Vacancy rates are at just 2.2% and there is more than $2 Billion worth of infrastructure investment either approved or under construction in the location.

Being located half way between 2 Major Centres, with large parcels of industrial land, the region is attracting the attention of businesses looking to avoid traffic congestion in City while taking advantage of the and easier access to the nearby major regional centres;

The region has a strong history of long-term capital growth;

It has a strong, diverse and growing economy with the major employers being manufacturing & retail, Business & community services, Construction & Agriculture;

The property is close to many existing facilities;

THE LOCATION

Primary School 1km;
High school 1.3km;
5 childcare centres within 1.5km;
Aldi 1.3km;
Coles 1.4km;
Shopping Centre with around 28 stores including another Coles 1.4km;
Woolworths (Under construction) 3.2km;
Train station 3.3km
Hospital 3.4km;
Industrial Estate 3.5km + others within a 10 minute drive;
TAFE 4km
University Campus 4.8km;
Motorway access 4km;
Shopping Centre with about 220 stores including Myer, Kmart, Coles, Woolworths, Bi-Lo, Aldi & Event Cinemas - 9.6km;

UNIT 1

3 Bedrooms;
Main bedroom with walk in robe and ensuite;
Built in robes to other bedrooms;
2nd Bathroom;
Open plan living and dining area;
Alfresco area under roof;
Single lock up garage;

UNIT 2

2 Bedrooms;
Built in robes in both bedrooms;
1 two-way bathroom;
Open plan living and dining area;
Single lock up garage;

The property will be turfed & fully fenced, have ceiling fans in all bedrooms and the kitchens will have stainless steel appliances.

* Photos are of previous work by this builder to provide an indication of the expected finishes in this property.

For further details call Matthew Barnes on 0430 979 900.

Matthew Barnes

Phone: 0430 979 900

Enquire Now

Land Area: 600m2

Type: Residential, Duplex Semi-detached

Investment Strategy: Positive Cash Flow

Gross Yield: 7.09%

Estimated Cash Flow: Positive $139 Per Week

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Matthew Barnes

Phone: 0430 979 900

Enquire Now

Land Area: 600m2

Type: Residential, Duplex Semi-detached

Investment Strategy: Positive Cash Flow

Gross Yield: 7.09%

Estimated Cash Flow: Positive $139 Per Week