Now is good time to invest here in Ormeau – this area is growing rapidly being forced to grow by the demand for Gold Coast Lifestyle and the facilities in nearby Pimpama and Coomera. This is one of SEQld key growth locations.
This lot is located in a new estate, currently being constructed with completion not very far away! Time to be confirmed.
Ormeau has many attractive features:
Located just 45 km south of Brisbane CBD and 34 kms from the centre of the fabulous Gold Coast
ââ¬Â¢ 64.4% families
ââ¬Â¢ 73.6% owner occupiers
ââ¬Â¢ 16 parks in the area nearby to the estate
ââ¬Â¢ Griffith University, Gold Coast Hospital, numerous shopping centres, including Coles, drakes and Woolworths, Ormeau train Station, regular public bus services, Gold Coast Airport just 36 mins drive and the M1 Motorway just 2 mins from the Elevate estate
ââ¬Â¢ The location boasts: Child Care – just 4 mins, Schools – just 5 mins, Norfolk Village Shopping Centre – just a short drive, Woolworths – just 1.7km, and numerous schools just nearby
This suburb prides itself on its range of parklands for families, a sports field and a variety of different options to suit all budgets.
This Opportunity:
4 bed family home/potential for shared living to enhance rental return
Address: Lot 87 Allora Crecent, Ormeau Hills – size 331m2 Land Price: $TBC
Registered land with title
Family Living: total of 4 beds, 2 baths, 2 cars – total size 224.42m2 Build Cost: $TBC
Comprising: 4 beds, 1 living, 2 baths and 2 cars
There is a multitude of combinations that this plan can accommodate – ask me to explain this! You can individually leae to 2 or 3 tenants who are happy to share the bathroom facilities and living area. This greatly enhances the rental rturn to $800 to $1000 per week total.
Rental estimate: For family home of 4 beds $700 per week rental
For shared living with 3 individual tenants up to $1000 per week
High demand – high rental income – Vacancy rate: current 1.8%
Inclusions: please request complete list:
- 16 week build time is for the construction only – does not include the waiting time for construction approval and also for finance approval
- Air cons in the main living areas in both units and in each bedroom
- Carpets and tiles throughout
- Ceiling fans and LED downlights throughout
- Window furnishings included
- Colour bond roof
- Landscape allowance
Seeking finance?
This supplier has excellent broker services to provide who can guarantee strong valuation to support – plas ask for details!
To Purchase:
Expression of Interest with initial holding deposit of $1000 TBC
21 days for finance approval
Then pay 10% deposit on land and 5% deposit to builder on unconditional
Land settlement 14 days from finance approval
Build time total of 16 weeks approx. – cannot estimate what the timing would be with approvals included
FULL TURN KEY – TENANT READY
Please request further information if interested.
This property is not yet constructed – two contract purchase – off the plan purchase
This property is also subject to availability at the time of enquiry.
FOR SALE: $829,990
KAYE TILLEY 0418 823 046
JOHN TILLEY 0414 041 424