This Opportunity:
Duplex:
Land size: 800m2. Land Cost: $310,000 – registration Nov 22
Build: 3+3 duplex total of 6 beds, 4 baths and 2 cars
Unit 1: 3 beds, 2 baths and 1 car
Unit 2: 3 beds, 2 baths and 1 car
Total size of build: 245.87m2 Total cost of build: $498,235
Total Package Price: $808,235
Estimated rental: please refer to the estimate letter supplied by reliable manager – range of $720 per week combined. There is a rental guarantee also on offer for $640 per week .
If rented as shared living this increases the rental to $1000 per week.
ADDED OPPORTUNITY:
The rental manager have noted the huge demand for accommodation by more mature persons in this area, and also by singles who are employed or have employment at the RAAF Training headquarters just nearby. There is opportunity for shared accommodation in this duplex and if so, this produces $1000 per week income! Huge 6.43% gross return.
Consider this option!
If shared living is selected additional cost re additional provisions:
3 by extra AC’s (to Brms) $5,313
Triple door pantry $ 480
Furniture Pkge $9,968
Solar Pkge $5,950
Total $21,711 – you will need to add this to the current build cost
TO PURCHASE:
THIS IS AN OFF THE PLAN PURCHASE – TWO CONTRACTS – LAND AND BUILDING CONTRACT
EXPRESSION OF INTEREST WITH INITIAL HOLDING DEPOSIT OF $2000 TO BE PAID
CONTRACTS ARE THEN SUPPLIED
FINANCE PERIOD: 21 DAYS
LAND SETTLEMENT: 14 DAYS FROM issue of TITLES
TOTAL TIMEFRAME: APPROX 6 to 8 months INCLUDING CONSTRUCTION APPROVALS AND CONSTRUCTION TO COMPLETION AND HAND OVER – dependant on supplies of material and weather conditions

FOR SALE: $808,235