Situated in Crestmead, a suburb of the city of Logan in Queensland. This is one of the fastest growing areas in the Western corridor of Brisbane. Close to all major highways and arterials including the Logan Motorway and the M1 Pacific Highway – affords easy access to Brisbane, SSCoast and also Gold Coast and beyond to Toowoomba and Ipswich areas. Major employment hubs are closeby – and housing demand is enormous. Plenty of jobs so plenty of rental demand.
Modern, slick, spacious – this modern rendered home is unique in that it is two dwellings. Approved dual living design concept allows the investor greater flexibility and also much greater income return. Two completely separate and private living spaces are created by the fire wall division giving noise reduction but more importantly safety for your tenants. Pay only one rates payment (not two) no body corp fees, separate meters for both power and water (tenant pays), two separate managements by your property management company – it is so easy!
Land details: Lot 18 Highgrove Estate (subject to availability) 550m2 Price: $210,000
Home: QA Devs Petrie 163 Urban plus auxiliary unit Build Price: $323,000
TOTAL TURN KEY INVESTMENT PACKAGE: $533,000
Dwelling 1: 3 bed, 2 bath, 1 car PLUS Dwelling 2: 2 bed, 1 bath, 1 car = TOTAL: 5 BEDS, 3 BATHS, 2 CARS
Estimated rental per week: $350 plus $300 = $650pw Some managers have indicated closer to $700 per week rental in this location.
Inclusions summary only: there are many more!
* FIXED COST SITE WORKS (including retaining if required) , color bond roof, a render finish, stone benchtops to kitchen, stainless steel appliances, alfresco under main roof, security screens throughout, 2 Split system air conditioners, Leaver door handles throughout, digital TV antenna, Modern lighting – energy efficient
To purchase: EOI required with $1000 holding deposit, 21 days finance, 30 days settle on land, sign building contract, when unconditional increase land deposit to 10% and pay initial deposit on building contract (supplied direct by builder). Progressive construction drawdowns. Full information supplied to Lender.
FOR SALE: $533,000
Kaye Tilley 0418 823 046