Located in the growth heavy location of Victoria Point, this modern home boasts a stunning design in combination with an excellent location. The property itself is a spacious 4 bedroom build that allows for relaxation and activities if desired. Victoria Point has become one of the fastest-growing suburbs in Redlands Coast, with a notable mix of residential, conservation and commercial areas.
The area hosts a multitude of parks and esplanades that have assisted in making it a popular destination for leisurely outdoor activities including swimming, cycling, and enjoying a picnic with family and friends. There is a vast array of dinning options available. Thomson’s Beach is one of the popular destinations of the area, as it provides an amazing swimming and paddle-boarding experience.
Victoria Point is within close distance of multiple schools, shopping centers, and the Redland Hospital. The area holds an abundance of activity options and amenities, ensuring all needs and requirements are available for residents.
Build Details:
Build Details:
Build Size: 206m2
Build Price: $380,556
Total build features: 4 beds, 2 baths, 2 cars
Rental estimate: see letter: $580 to $620 per week combined income
Estimated Rental Yield on Investment: 3.16% – 3.37%
Inclusions: Full list attached
Land Details:
Land Size: 403m2
Land Price: $575,000
Land Registration: June 2022
Fixed Price – Turn-key contract:
Two contract purchase – Land contract plus HIA Building contract.
Expression of Interest (EOI) to hold – $1000 fully refundable deposit.
21 days for finance approval – land settlement 35 days from date of contract or 14 days from the registration of title (June 2022)
5% deposit paid on unconditional for Building Contract – progressive drawdowns on the HIA build contract.