Meringandan West is an amazing family orientated suburb that is surrounded by exquisite natural environments and a wealth of activities and amenities on offer. Meringandan West residents are strategically positioned to ensure they can live in a quiet area, though still having the capability to travel to Toowoomba City with ease, with the CBD less than 25 minutes from the estate. Residents in the area have the ability to live a contemporary lifestyle mixed with the superb natural environment, with the country city charm enhancing the overall living experience. The highly regarded University of Southern Queensland is only 30 minutes away from the property. Those looking to explore Toowoomba will become familiar with the growing urban coffee culture and the street art scene. Toowoomba is home to hundreds of stunning parks and gardens. Being situated in Meringandan West, plenty of these beautiful gardens and parks are within walking distance. There are numerous world class schooling options available in the area, including Toowoomba Grammar. The highly regarded Toowoomba hospital is also less than 30 minutes from Meringandan West.

Build Details:
Build Size: 199m2
Build Price: $420,943
Total build features: 4 beds, 2 baths, 2 cars
Rental estimate: $470-$500 per week income
Estimated Rental Yield on Investment: 4.17% – 4.44%
Inclusions: Full list attached

Land Details:
Land Size: 602m2
Land Price: $165,000
Land Registration: October 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.
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.