WHY MARSDEN? –
SUBURB OF THE FAST EXPANDING AND STRONG GROWTH SUBURB LOGAN in Queensland . Consistent long term growth, above average rental returns and low vacancy rates makes Marsden attractive to investors. Several schools, an abundance of shopping options along with numerous employment hubs makes the Logan area and Marsden an “in demand” area for housing. Situated around 28 kms to Brisbane GPO and very close to all major arterial road networks and rail access, Marsden offers every convenience for your everyday life.
The Opportunity:
CO – LIVING OPPORTUNITY – 3 TENANTS – 3 INCOMES
Land: LOT 13 Macaranga Street, ,Marsden – Logan
You could not get anything closer to the main amenities and service – this is right in the very middle of everything you need!
Land Size: 470m2 Land Price: $350,,000. Registration estimated Jan 23
Dwelling size: Total size: 199.98m2 Build cost: $449,714
Main dwelling: 3 beds, 2 baths and 1 car
Unit 2: 2 beds, 1 bath and 1 car
RENTAL ESTIMATE:
As co- living:
Including common area furnishings and utilities $890 to $980 per week combined
Bedroom 1: (1.1.1) $270 to $300 per week
Bedroom 2: (2.1.1) $270 to $300 per week
Unit 2: (2.1.1) $350 to $380 per week
As dual occupancy:
Unit 1 (3.2.1.) $440 to $470 per week
Unit 2: (2.1.1.) $360 to $380 per week
Total rental as dual occupancy: $800 to $850 per week combined
Inclusions:
Full Turn key – two contracts (land and build)
Dual occupancy construction
Dual occupancy Council infrastructure fees
Rendered Hebel construction (superior to brick)
6 star energy rating
Turf and landscaping- turf 600m2 plus 12m2 garden
Fully fenced
Split system air cons to each unit
Stainless steel appliances
Clothesline, TV antenna, letterbox
Carpet and tiles throughout
Vertical blinds to all windows
Flyscreens and window locks
Security screens to external doors
Garage remote controlled
Raised portico entry feature
And much, much more…….
Please read the inclusion summary on the brochure attached.
You will be provided a full inclusions and specifications list in the building contract supplied by the builder
TO PURCHASE:
EOI WITH $2000 TO RESERVE,
ID – driver’s license or passport for all buyers
TWO CONTRACTS – Land and Build (pay SD only on the land price)
21 days finance approval, (pre approval letter or confirmation of ability to fund)
Land settlement 14 days from title registration – estimated Jan 23
On Unconditional approval pay 5% deposit on Building Contract with Builder. Progressive construction drawdowns.
This property is subject to availability at date of enquiry.
For sale: $ 799,714
Kaye Tilley 0418 823 046