The Complete Package
Property ID: 12895713
Purchase Price - $518,500
Estimated Rent - $625 per week
Estimated Yield - 6.26%
Completed - May 2016
Positive cash flow, dual income property in a boutique estate. Only 2 dual income properties remain available in this small estate of just 21 lots, located in 1 of Australia's fastest growing centres.
This city is set to see an average of another 10,000 new residents each year for the next 20 years;
Vacancy rates are at less than 1.3% (3% vacancy rate is considered a balanced market) showing there is a shortage of housing. Statistics show there has been 500 too few homes built in the area each year to keep up with demand;
Rental returns are around 5.6%;
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;
This small estate of just 21 lots is located in a well established area with all the facilities nearby including a bus stop within a 3 minute walk.
There are more than 10 childcare centre & 8 schools within a 5 minute drive; including Primary, High, Public & Private. A number of these are within walking distance.
There are dozens of restaurants in the area and many franchised food outlets have invested here including - Pizza Hut, Eagle Boys, Pizza Capers, Red Rooster, Subway, KFC, McDonald's, Dominos and Nandos. There is even an RSL close by.
A number of coffee shops surround the estate including Coffee Club, Gloria Jeans & Michels.
Many large businesses are established in the area including Amart Sports, Harvey Norman, Bunnings, Masters and a major shopping complex which is home to Big W, Target, Woolworths, Coles, Aldi, Cinemas and more than 150 specialty stores.
Other facilities nearby include a TAFE College, Mini Supermarkets, Doctors, Pharmacies, a number of banks and a Police station around the corner.
Air- conditioning (Reverse Cycle Split System) in Master bedrooms and living areas;
Stone bench tops;
Stainless steel kitchen appliances including dishwasher;
Gas cook tops;
Double Vanity in Master Bedroom;
Complete steel frames and trusses - termite proof;
Colourbond roof with Whirley bird;
Security system installed.
* 3 Bedrooms - Master with walk in Robe, others with built in robe;
* 2 Bathrooms including ensuite;
* Open plan Living/Dining/Kitchen area;
* Undercover Alfresco area.
* 2 Bedrooms - both with built in robes;
* 1 Bathroom;
* Open plan Living/Dining/Kitchen
* Undercover Alfresco area.
Call Matthew Barnes on 0430 979 900 for further details, including a full list of inclusions and to secure this property before it is gone.
Please Note: Images are indicative of the inclusions and finishes and are for illustration purposes only.