Situated in the suburb of Hillcrest, part of the major growth city of Logan Queensland. This is one of the fastest growing areas in the Western Growth Corridor of Brisbane , Qld. Close to all major highways and arterials including the Logan Motorway and the M! Pacific Highway- affording easy access to Brisbane, SSCoast and Gold Coast and beyond to Toowoomba and Ipswich areas. Major employment hubs nearby and housing demand is enormous – Plenty of jobs around here so plenty of rental demand. See attached information sheet.
Facts about Hillcrest:
- Lifestyle? Lots of parks and gardens, well serviced with public transport via the major arterial road network, shopping – close to Grand Plaza Centre in Brown Plains, close to Park Ridge for the Park and Ride facility,
- Plentiful selection of schools – both public and private,
- Excellent local medical facilities plus near to Mater Hospital at Springfield
- Population? Mainly families under age of 50 years – mainly either Australian or English,
- Income? $2000 to $2500 per week
- Growth? – Median quarterly: 2.04% / Median 12 month: 7.58% / Median 5 years: 14.29%
- Rental? – average yield 7% – vacancy factor 0.9% – average rental for dual key 3+2 $690 per week
Modern, slick and spacious – this modern partially 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 like a duplex) no body corp fees, separate meters for both power and water (tenant pays) two separate managements by your property manager – it is that easy!
Land: Lot 104 “Waterway Crescent”, “Golden Hillcrest Estate”, Hillcrest Logan –
Currently under construction – registration estimated Late Nov 21,
Size 380m2. Price: $245,000
Dual occupancy: total of 5 beds, 3 baths and 2 cars
Total size 204.81m2. – Price $334,990
Main dwelling: 3 beds, 2 baths and 1 car
Secondary: 2 beds, 1 bath and 1 car
Rental estimate: From $640 to $720 – see attached letter of estimates
In speaking with managing agent she is confident of achieving close to the higher $690 to $700 per week in this location. This area is a higher income area than some suburbs in Logan and housing demand is also huge due to the conveniences and amenities available close by or in the area surrounding this location
⢠Turn Key – tenant ready
⢠Energy Efficient
⢠Fixed price build contract
Inclusions: this is high end product with many additional inclusions which set it apart and above the normal standard investment house quality – please refer to the information attached
TWO CONTRACT PURCHASE:
Land contract – pay stamp duty then only on the land price not on the full package price and save thousands!!
To Purchase: EOI required to reserve, $1000 holding deposit.
21 days finance,
14 days after title issue to settle on land.
On Unconditional finance, pay initial deposit of 5% to builder.
Loan type: Progressive construction drawdowns.
Full information supplied to Lender.
FOR SALE: $579,990
Kaye Tilley 0418 823 046
John Tilley 0417 041 424