LOGAN RESERVE – so sought after location!
This Opportunity:
Premium inclusions / Fixed Price guarantee / 100% ful turn key – ready to occupy / Quick buld time / feature timber flooring / steel frame construction / highset 2590mm ceilings / choice of 4 different front façade designs
Co-Living/ Co earner: :
Land size: 403m2. Land price: $350,900
Co-living house : total of 4 beds, 3 baths and 2 cars – size 206.54 m2. Build Cost: $390,700 + furniture package to be selected and costed depending on tenants requirements TBC.
Rental Estimate: as a co – living home with 4 tenants: $1200 per week combined for 4 rooms
Very high rental demand and very low vacancy rate! Brisbane area has currently a low 0.6% vacancy rate
Re: rental of a co-earner or shared living home: the owner carries the cost of the water, wifi, garden maintenance and a regular communal cleaner.
To Purchase:
Developer has special requirements:
• Pre approval letter or letter from broker indicating borrowing to proceed is in place
• Initial deposit $1000 plus EOI
• Balance deposit on land contract on unconditional to equal 10%
• On unconditional finance a 5% deposit on the build cost paid to builder
• Finance to approved within 45 days
• Additional time can be extended for conditional approval subject to valuation
• Required documents: EOI, deposit payment confirmation, ID eg passport for each buyer, mobile and email for each buyer
Expression Of Interest with $1000 initial holding deposit for design and drafting costs (non refundable if you do not purchase)
Finance: 45 days
Land settlement: 14 days from unconditional finance approval
New Build – not yet constructed – off the plan purchase
All our properties are subject to availability
Note that the price may be greater due to the furniture package required for co-living, but this cannot be confirmed until tenants are secured (TBC)
FOR SALE: $741,600
KAYE TILLEY: 0418 823 046