Located in Logan Reserve, this opportunity won’t last long! This package offers an attractive rental return due to the Dual Occupancy build, giving owners the possibility of receiving two sources of income. The package being in Logan Reserves new Botanica Estate ensures demand will be extremely high. Botanica offers locals a wide range of amenities such as schools, shopping centres, employment hubs, and recreational parks. The strategic positioning of the estate is perfect for those who require travel to either Brisbane or the Gold Coast, with the estate being placed between the two major cities. The major advantage this Dual Occupancy property presents is the minimal outgoings, as there is only one rates bill and no corporate body fees for the two dwellings. It is an excellent property to purchase for a first home buyer as you can rent out half of the home while you enjoy the luxury of your chosen dwelling, ensuring you receive income while living in your home.

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: 450m2

Width Land: 12.5 m

Land Price: $245,000

Total Build Price: $337,958
Total Floor Area: 200m2

Rental Estimate: $758 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.