Located within the new Rosewood estate, this opportunity is not going to be around for long! Offering attractive rental returns coupled with the location of a high growth location and the positives of a new estate, the investment demand for this type of product is extreme. The location also boasts quality schools and other useful amenities such as shopping districts and employment hubs. The location is only approximately 10 minutes from one of the largest hospitals in SE Queensland plus other helpful infrastructure such as main arterial roads and public transport. The Brisbane CDB is under 30 minutes away! When you coupled the potential capital gain, tax incentives and rental yield, this property has the potential to offer a lucrative Return on Investment. We are seeing across the board this type of product selling within a 48hr period. Get in quick!

Build Details:

Build Size: 209m2
Build Price: $299,500.00
Total build features: 5 beds, 3 baths, 3 cars
Dwelling 1: 3 beds, 2 baths, 2 cars
Dwelling 2: 2 beds, 1 bath, 1 car
Rental estimate: see letter: $640 to $700 per week combined income – see estimate provided
Estimated Rental Yield on Investment: 6.4%
Inclusions: Full list attached

Land Details:

Land Size: 487m2
Land Price: $255,000.00
Land Registration: July 2021
To Purchase:
Fixed Price – Turn-key contract:
Two contract purchase – Land contract plus HIA Building contract.

Expression of Interest (EOI) to hold – $1000 fully refundable deposit.
21 days for finance approval – land settlement 35 days from date of contract or 14 days from the registration of title (July 2021)
5% deposit paid on unconditional for Building Contract – progressive drawdowns on the HIA build contract.

Note: that this property is subject to availability due to heightened demand.
This property total package price includes the additional $11,000 payable to the council for additional infrastructure for dual occupancy construction