Botanica is a new developed estate in the Logan Reserve region that provides an excellent combination of high quality homes and the beauty of the natural environment. It offers a peaceful location while remaining within close distance of the action, as it’s strategically positioned between Brisbane and Gold Coast. The major Logan shopping centers, Logan Hospital, local schools and general public amenities are all easily accessible from this location ensuring tenants necessities are always met. The property itself offers owners the opportunity to have two sources of income due to the dual key design, while also offering minimal outgoings as there’s only one rates bill and there are no attached body corporate fees. This ensures that the potential ROI could be increased further, so get in QUICK!
World-Class Amenities
Quality Education
Affordable Housing and Property Investment Growth
Infrastructure Investment and Spending
Strong Employment Market
Vibrant Community
Insight Into Botanica:
Improve connections to medical services at Logan Hospital
Improve connections to educational services at Loganlea Tafe
Enhance bus connectivity for commuters
Improve road safety and accessibility for driving
Property Type: Dual Occupancy dwelling: 5 Bed, 3 Baths, and 2 Garages.
Storey Type: Single Storey
Land Area: 540m2
Width Land: 10.4 m
Land Price: $255,000
Total Build Price: $343,980
Total Floor Area: 200m2
Rental Estimate: $779 per week
Estimated Rental Yield on Investment: 6.7%
Contract Type: Land + Build
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.