Why WACOL? Enormous growth, above average rental returns and low vacancy rates makes this area attractive to investors. It offers abundant variety of schools, the TAFE and even Queensland Uni within an easy drive, – an abundance of shopping options along with numerous employment hubs makes this suburb an “in demand” area for housing. This area is part of the Western Growth Corridor. There is billions of dollars being invested here in major developments, rail and road networks, recreational and education facilities and much more. New businesses are springing up everywhere and new large industrial and commercial developments are appearing every month! Cranes are numerous in the skyline. Ask us for our reports and understand what projects are happening and the amount of the expenditure here.
The Opportunity: this property gives twice the opportunity. Not one rent but two! From the street front it appears to be a single family home, but it is when you look inside that you realize that there are two separate dwellings included in this property. That is right – two dwellings – two incomes! This property is strong positively geared right from the first month for most investors.
• The features of a dual living property are:
• Positive cash flow
• Low outgoings – no body corporate fees, low council rates and water rates
• Achievable rents are higher than the typical 4 bedroom house
• Located in high growth area, with high rental demand
• Located in prime quality residential estates
• Located in high population areas close to fast expanding hubs
• Larger lots
• Lower your risk – if one dwelling is vacant, the additional one is still producing income
• Close to schools, shops and all other services and recreational facilities
This property is:
Land: 599m2 Price: $505,000 Land is to be registered Jan 25
Home: 206.83m2 Build: $522,789
Two dwellings – 5 beds in total = 3 beds, 2 baths, 1 car PLUS 2 bed,s 1 bath, 1 car
RENTAL ESTIMATE: $960 to $1010 per week
Inclusions:
Please ask for details
THIS PROPERTY IS NOT YET CONSTRUCTED – TWO CONTRACT PURCHASE
EOI PLUS INITIAL DEPOSIT OF $1000
FINANCE 21 DAYS
LAND SETTLEMENT 14 DAYS FROM DATE OR REGISTRATION OF TITLE TO THE LAND
THIS PROPERTY IS SUBJECT TO BEING STILL AVAILABLE AT THE TIME OF YOUR ENQUIRY.
FOR SALE: $1.027,789
Kaye Tilley 0418 823 046