Enjoy this modern build in an amazing location that has the potential for solid ROI. Gowrie Junction is a growing suburb with planned developments and community facilities approaching. Location is one of the many bonuses of this large acre block. Residents in the area have complete access to a contemporary lifestyle fused with the beautiful Toowoomba natural surroundings. Gowrie Junction residents are strategically positioned to enjoy all the positive effects of Toowoomba’s booming economy. The Toowoomba CBD is less than 15 minutes from the property, making travel extremely easy and time efficient. In terms of retail and commercial, the recently redeveloped Wilsonton Shopping Centre and many other shopping options are within close proximity. Toowoomba is home to hundreds of fantastic parks and gardens, with many being within walking distance of Gowrie Junction. The schooling scene in Toowoomba is of high quality, with residents having a wealth of excellent school options for their children. The Toowoomba Second Range Crossing bypass is also nearby the area. The highly regarded Toowoomba Hospital is less than 20 minutes away.
Build Details:
Build Size: 199m2
Build Price: $426,776
Total build features: 4 beds, 2 baths, 2 cars
Rental estimate: $550-$580 per week income
Estimated Rental Yield on Investment: 4.05% – 4.27%
Inclusions: Full list attached
Land Details:
Land Size: 4227m2
Land Price: $279,000
Land Registration: Registered
Fixed Price – Turn-key contract:
Two contract purchase – Land contract plus HIA Building contract.
Expression of Interest (EOI) to hold – $1000 fully refundable deposit.
Land settlement 35 days from date of contract or 14 days from the registration of title
5% deposit paid on unconditional for Building Contract – progressive drawdowns on the HIA build contract.