Brand New House & Land For Under $400K
Property ID: 14065045
Projected Rent $420+ per week
Estimated Yield 5.53%
To Be Constructed
Located in a highly sort after estate that is selling out quickly, this high quality and well designed home will be in demand.
Situated in a great part of one of Australia's fastest growing regions, this quality home will always be attractive to both tenants and owner occupiers. With prices in the area on the rise and being located close to the main infrastructure items in the city, there are projections of capital growth to follow over the next few years.
Current vacancy rates are at 1.1% (3% vacancy rates is seen as a balanced market) and there is estimated to be a shortage of more than 2,000 dwellings in this location. With around 190 people moving to the region each week there are expectations rental demand will continue to be strong and the housing shortage looks set to continue.
Schools, Childcare, Sporting fields and Parklands with BBQ's, Children's play areas, Outdoor fitness equipment & Children's entertainment are all within walking distance.
With in a 10 minute drive your tenants will have access to a newly expanded hospital, TAFE, a University, train station with direct access to the CBD, 2 industrial estates and Motorways.
There are 5 shopping centres within a 15 minute drive.
4 Bedrooms - Main with walk in robe, built in robes to the remaining;
2 Bathrooms - including ensuite;
Stainless steel kitchen appliances - oven, gas cooktop, rangehood & dishwasher;
Ceararstone or equivalent benchtop and microwave space;
Ducted air-conditioning system;
Double lock up garage with remote control;
Security alarm system;
Wired for the latest technology and solar.
Small low maintenance yard ideal for tenants;
Call Matthew Barnes on 0430 979 900 for further details.