This to be built dual occupancy in a brand new estate will show a return of over 7%!!

Adjacent to other quality homes and walking distance to the local shopping centre and bus will ensure both continued rental demand and be prime for future capital growth. Only minutes from everything you could ever need including Logan Hospital, Griffith Uni Campus, Train Station, Loganlea High, TAFE College, Bus Station, Loganlea Shopping Centre and with easy access to the Logan Motorway and the M1 makes it the perfect location for your tenants.

This dual occupancy dwelling is to be constructed on almost 500m2 of flat land. The property will be finished to full turn key which simply means your tenant can move straight in. The exceptional design encompasses quality living opportunities for both tenants and will include separate electrical and water meters. The double garages have been added to both dwellings to make them a stand out feature in the current market place.

The developer and builder have designed these with both the tenant in mind as well as resale into the future to make them appeal to not just the investor but also the end user.

14 – 46 Spruce Street, Loganlea at a glance.
Dwelling 1
3 Bed, 2 Bath, DLUG
Rental Appraisal $390-$400
Dwelling 2
2 Bed, 1 Bath, DLUG
Rental Appraisal $378-$385
Combined, over a 7% gross yield
Both dwellings include
Dishwashers, air conditioners, ceiling fans, carpet, blinds, turf, fences and landscaping.

Please contact Jason Savage to receive full working drawings, specifications, rental appraisal and contracts for your perusal. The land is registered and is ready to start construction now, being sold as two separate contracts means you only pay stamp duty on the land. Construction is anticipated to take 20 weeks.