Location information:
This is a unique coastal town and beautiful seaside location for families. The beaches are safe for swimming. Donnybrook is located opposite to the well know Bribie Island.
The property: Dual Occupancy with two independent units and two tenants = two incomes
This land is located well above flood plain levels.
The estate is close to all services and amenities: TO register TBA
This provides more affordable rental for those who cannot afford to pay the very high rentals for their own property. There is huge demand for this type of accommodation.
This Opportunity:
Address: Lot 18 Stillwater Estate, Donnybrook – Moreton – SEQld 4510
GREAT LOCATION FOR GROWTH! HIGH YIELD – MULTIPLE TENANTS VERY UNIQUE DESIGN
POTENTIAL TO BE A SHARED LIVING RESIDENCE – MORE INCOME!
HUGE POTENTIAL!
Land: size 602 m2 $404,000 – registration TBA
DWELLING: Size 213m2. Build Cost $408,000
Can be leased to two independent family or single tenants – see floorplan OR
Can also be utilised for multi tenancy with more than 3 tenants – strong income return
FULL TURN KEY PACKAGE – TENANT READY
Inclusions: please refer to attached list for details
Summary only: includes: air cons to main bedrooms + living, modern kitchens including stone an stainless appliances including dishwasher, carpet in bedrooms, tiles throughout other areas, ceiling fans, LED’s, window furnishings, color bond fully insulated roof, landscaped and fenced and MUCH MORE!
RENTAL ESTIMATION: $760 to $880 plus combined per week – see letter – even more see additional info in ad copy
Gross rental income return 5.63% gross
Dual occupancy property is in huge demand due to the difficulties and scarcity of available affordable rental accommodation in SEQld particularly in the coastal areas as it is very close to Brisbane for employment and the area itself has huge employment opportunities. It is very close to Bribie Island and also to the large retail and commercial area of North Lakes. Very good connectivity due to the new road networks, and public transport (trains and buses) is conveniently available from this location. Location in travel time is approx. 30 – 40 mins to Brisbane city area.
To Purchase: THIS PROPERTY IS NOT YET CONSTRUCTED
This property is still waiting on title registration – timing TBA
Expression Of Interest with $1000 initial deposit (TBC) to be used for initial deposit on land contract
Finance 21 days from date of contract
This would still be subject to valuation on the land
Timeframe to build – approx. 7 months
ââ¬Â¢ All properties are subject to availability
ââ¬Â¢ The plans and specifications are subject to council requirements and building approval
ââ¬Â¢ Subject to site conditions
ââ¬Â¢ All images are indicative and may not necessarily be the exact design and product to be constructed (final working drawings will be the exact design and specification)
This property is subject to availability at time of your enquiry
For sale: $812,000
Kaye Tilley 0418 823 046