Bundamba, Queensland may be a good place to buy an investment property because of its strong rental yield and annual growth rate:
• Rental yield: Bundamba has a median rental yield of 4.09% for houses. Houses in Bundamba rent out for around $500 per week, while units rent out for around $400 per week.
• Annual growth rate: Bundamba has seen an annual compound growth rate of 18.4% for houses and 32.9% for units.
• Connectivity: Bundamba has good connectivity via the Ipswich Motorway and Bundamba train station.
• Recreational opportunities: Bundamba has parks and the nearby Bremer River.
• Rising market: Bundamba is considered an affordable growth hotspot.
Some other things to consider when looking for a good investment property include:
• Amenities: Convenient access to amenities
• Employment and crime rates: High employment and low crime rates
• Public transport: Good public transport infrastructure
• Population growth: Neighbouring population growth and gentrification
Dual Occupancy – total of 4 bedrooms located in new small estate in Bundamba – Ipswich
This land is located well above flood plain levels.
The estate is close to all services and amenities:
IGA Bundamba – just 5 mins drive to Bundamba station
Bundamba state College – just 2 mins , Private Hospital just 12 mins, Brisbane CBD just 35 mins, Brisbane Airport just 40 mins, Medical Centre just 6 mins, Booval Fair Shopping Centre just 8 mins, Gold Coast beaches and theme parks – just 50 mins drive
PLUS: TAFE IPSWICH CAMPUS 1.7KM, COMMUNITY SWIMMING POOL 2.9KM, BUNDAMBA HIGH SCHOOL 3.5KM , BUNNINGS 5KM, WOOLIES COMPLEX 4.8KM
IPSWICH CBD 7 KM
This land is registered and ready to be built on –
ONE contract only suitable for SMSF
This Opportunity:
Dual living – two units – GREAT LOCATION FOR GROWTH! HIGH YIELD – MULTIPLE TENANTS
POTENTIAL TO BE A SHARED LIVING RESIDENCE – MORE INCOME! Please ask for details
HUGE POTENTIAL!
Land: size 433m2 Registered
Dual living design of total of two levels – quite separate and very private
4 beds, 3 baths, 2 cars – unique design
Total of 4 beds, 3 baths and 2 cars
Can be leased to multiple tenants (ask for details)
Total size: 195.45m2
TOTAL PACKAGE PRICE: $899,990 (ONE CONTRACT ONLY
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: $890 to $930 plus combined per week
To Purchase: ONE CONTRACT – THIS PROPERTY IS NOT YET CONSTRUCTED
Expression Of Interest with $1000 initial deposit
Finance 21 days from date of contract
This would still be subject to valuation
Timeframe to build – approx. 5 months
• All properties are subject to availability
• The plans and specifications are subject to council requirements and building approval
• Subject to site conditions
• All photo’s 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)
For sale: $899,990
Kaye Tilley 0418 823 046