Call us:
1800 600 890
Offmarket

Duplex Pair, Positive Cash Flow & Prime Growth Location

Property ID: 17033645
Purchase Price $662K
Estimated Rent $390 + $360 = $750 per week
Estimated Yield 5.89%
To Be Constructed

Brand new off the plan duplex to be built with future strata title in mind. Located in one of the prime investment locations in Queensland with $Billions worth of new infrastructure investment planned or under construction, this region is set for strong capital growth.

Facilities Nearby

* Primary & High schools + Childcare;
* Public and Private Hospitals;
* Coles, Woolworths & IGA;
* Dozens of Restaurants, Cinemas, RSL and Cafe's;
* Retail outlets and Hardware stores;
* Bus stops and train station.

Within a few minutes drive there are a number of schools and a TAFE College.

GROWTH DRIVERS

* The population is currently increasing by about 8,500 per year. This brings a need for around 280 new houses per month.
* Sales volumes, rents and prices of housing in this city are starting to increase.
* Vacancy rates are low at just 1.2% (2 to 3 % is considered a balanced market).
* 15 Minutes away a City Centre Upgrade is taking place where Education Centres, Retail, Dining, Hotels, Convention Centre and Offices will be constructed. This will bring 10,000 jobs to the precinct. Expansion of a major shopping centre has been approved. This will provide 6,900 construction jobs and 1,350 ongoing retail jobs.
* A Health Hub worth $5 Billion is under construction with an expected completion of 2021, employing 3,000 people.
* A $450 Million upgrade of the Airport has been proposed. If approved this would create 2,200 jobs.
* A $384 million upgrade of the Highway started in March, bringing almost 700 jobs.

PROPERTY DETAILS

Both units have;

Air conditioning in living areas;
Fans in all bedrooms;
Stone bench tops;
Ceiling insulation to indoor living areas;
Turf and basic landscaping;
Colorbond roof;
1800 MM timber fences;

Unit 1

3 Bedrooms, all with built in robes;
2 Bathrooms, including en suite;
Double Lock Up Garage;
Open plan Meals/Kitchen/ Family;
Alfresco area;
157m2.

Unit 2

2 Bedrooms, both with built in robes;
1 Bathroom;
Single Lock Up Garage;
Alfresco area;
98m2

Call Matthew Barnes on 0430 979 900 for further details.

This property is part of the Free We Find Houses Direct range of properties: https://wefindhouses.com.au/invest/direct

Matthew Barnes

Phone: 0430 979 900

Enquire Now

Land Area: 873m2

Type: Residential, Duplex Semi-detached

Investment Strategy: Positive Cash Flow

Gross Yield: 5.89%

Estimated Cash Flow: $50 Positive Per Week

Get the full experience

This is just a selection of our range of properties, the majority of our properties are handpicked for our clients and not all properties appear on our website. Click here to discover more about how we can find an ideal property for you.

Discover More

Matthew Barnes

Phone: 0430 979 900

Enquire Now

Land Area: 873m2

Type: Residential, Duplex Semi-detached

Investment Strategy: Positive Cash Flow

Gross Yield: 5.89%

Estimated Cash Flow: $50 Positive Per Week