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Offmarket

Huge Dual Income Property on a Huge 1,072m2 block

Property ID: 17643255
Purchase Price $574,900
Estimated Rent $680 per week
Estimated Yield 6.15%
To be constructed

Opportunity for a dual income, positive cash flow property located in one of Australia's premier locations for Capital Growth potential, South East Queensland!

PROPERTY FEATURES

Colourbond roof.
Stone benchtops in kitchens.
Stainless steel appliances.
A render finish.
Steel frame construction.
Modern lighting.


Unit 1 -
4 bedrooms, all with built ins.
2 bathrooms, including en suite.
Air conditioning in living area.
Alfresco area under the main roof.
Double lock up garage.

Unit 2 -
2 Bedrooms, both with built ins.
1 Bathroom.
Air conditioning in the living area.
Alfresco area under the main roof.
Single lock up garage.

1,072 m2

As this property is to be constructed you will also save on stamp duty.

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 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;


$90 a week positive cash flow*

Contact Yujin Yeoh on 0479 191 815 for more details.

* Figure is an estimate only based on a 5% interest rate and the purchaser earning more than $87,000 p.a. Figures will vary for each individual's circumstances and you should seek advice from your accountant to obtain accurate figures for your personal circumstances.

Matthew Barnes

Enquire Now

Type: Residential, House

Investment Strategy: Buy & Hold , Positive Cash Flow

Gross Yield: 6.14%

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Matthew Barnes

Enquire Now

Type: Residential, House

Investment Strategy: Buy & Hold , Positive Cash Flow

Gross Yield: 6.14%