Why Waterford West? Why is this a good location to invest?
Market indicators show pricing continuing to grow rapidly in Logan (see below – email with recent sale of standard 4,2,2 in Marsden $840k).
$50k more will get you the Dual in Waterford West returning circa twice the rent (see attached brochure), latest appraisal for Co-living showing up to $1,400/wk Potential rent return (requires attached furniture packages for Co-living rent option $30k).

FULL ESTABLISHED SUBURB WHICH IS FAST EXPANDING WITH STRONG GROWTH – bordering another high growth suburb of Marsden
Consistent long term growth, above average rental returns and low vacancy rates makes Marsden attractive to investors. Note the high rental return in estimate letter $670 to $710 total per week. Several schools, an abundance of shopping options along with numerous employment hubs makes this suburb in Logan and Marsden next door a “in demand” area for housing.
Location:
• Aldi Supermarket 550m
• Macdonalds/KFC and Hungry Jacks – from 600 m to 950 m
• Marsden Park Shopping Centre 1.2km
• Marsden Library 900m
• Marsden State High School 1.2km
• Marsden State Primary School 1.7km
• Loganlea Train Station 3km
• Logan Hospital and TAFE 3.6km
• Logan Griffith Uni Canpus 5.3km
Refer to the location map provided

The Opportunity:
QUALITY DUAL PROPERTY:
Land: LOT 20 CHAMBERS FLAT RD – WATERFORD WEST
Land Size: 450m2 Land Price: $416,000
Dual: Total of 5 beds, 3 baths and 2 cars
Total size: 216.54m2 Build Cost: $483,426
Dwelling 1: 3.2.1
Dwelling 2: 2.1.1

RENTAL ESTIMATE:
DUAL OCCUPANCY WITH SECONDARY UNIT: $ 1000 TO $1060 COMBINED PER WEEK
LEASED AS CO-LIVING – $1250 to $1400 combined per week
If leasing as co-living furniture package is also required – see information attached for both units

Inclusions: summary only
Brick veneer construction
6 star energy rating
Turf and landscaping
Fully fenced
Split A/C to both units with remote controls
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
Fan light to bedrooms
Garage remote controlled
Infrastructure charges included in land price
12 month maintenance period
Full Inclusions list will be provided to interested buyers

TO PURCHASE: EOI WITH $2000 TO RESERVE,
TWO CONTRACTS – Land and Build (pay SD only on the land price)
21 days finance approval,
35 days settlement on land.
On Unconditional approval pay 5% deposit on Building Contract with Builder. Progressive construction drawdowns.

For sale: $899,436

Kaye Tilley 0418 823 046