• HIGH DEMAND AREA
• HIGH GROWTH LOCATION – 10.81% GROWTH IN PAST 12 MONTHS
• LOGANHOLME HEAVILY INFLUENCED BY OWNER OCCUPIERS
• PRICES ARE TRENDING UPWARDS
• REGISTERED LAND
• EMPLOYMENT – JOBS, JOBS, JOBS!
• CONVENIENCE – SO CLOSE TO EVERYTHING YOU NEED AND WANT!

Ideally located near to highway between Brisbane and the Gold Coast and moments from the Hyperdome, Public transit station, employments hubs, education and recreational facilities.
This is a boutique infill development and takes front row in SE Qld’s strongest growth areas.
Land is fast becoming scarce in this location
You are just minutes to all amenities with Logan Hyperdome just a few mins away – in fact you could walk! Refer to our location map attached

This Opportunity:
Located on Lot 4 – 69 TO 71 Atlantic Drive, Loganholme – size of land 600m2. $278,621
Suitable for duplex construction
Total of 6 beds, 4 baths and 2 cars
Unit 1: 3 beds, 2 baths and 1 car
Unit 2: 3 beds, 2 baths and 1 car
Total size of duplex: 246.86m2. Unit 1: 123.43m2. Unit 2: 123.43m2.
Rental Estimate: $800 to $840 per week which is 6.6% gross income yield
Let’s say $820 per week – 6.5% GROSS YIELD

Total Package Price: $649,900
Estimated sale price for each unit: this information can be supplied to interested buyer based on current market sales
There will be equity increase in this property when strata titled (costs to strata not included in price but land is fully approved for duplex and all additional infrastructure charges to council for duplex construction has been included in build cost ESTMATE COSTS FOR STRATA AT $10,800 ADDITIONAL)

To Purchase:
This has not yet been constructed
Two contract purchase – Land and Build
Land :
Deposit and Expression of Interest – $1000 deposit to hold
Contract will then be supplied within 3-5 business days
Finance 21 days
Land settlement – as has title 14 days from finance approval
Build: on unconditional finance pay 5% calculated on only build cost to builder as initial deposit
Construction Loan required – staged construction claims –
Timeframe for construction – 20 weeks approx for duplex plus time for land purchase approx. 5 weeks = 25 weeks approx

FOR SALE: $652,900

KAYE TILLEY 0418 823 046