**Highlights**
Two Tenancies under one Roof (Dual Occupancy).
Borrowing 100% of purchase price and costs, property is assessed as cashflow positive by $4,278 p.a.
Rental Yield: 6.85%
Annual Growth Rate: 5%
Rule of 72: 14.4
Based on avg Mum & Dad Incomes $2,000 is available in negative gearing
Potential Property Value Increase over 10-years: $306,000
Potential Interest Savings on owner occupied home loan: $95,000
Loganlea is a suburb of Logan in the Greater Brisbane area. It’s 20 mins south of Brisbane, 30 mins north of the Gold Coast and is bordered by Brisbane, Gold Coast, Redlands and Scenic Rim council areas.
It is one of 63 suburbs in Logan.
Major features of the area include Evergreen Park, Kraatz Park, Sturdee Park, Palms Shopping Centre, Loganlea Progress Hall and two schools.
This 4 bedroom + 1 bedroom Dual Occupancy home is ready to commence construction early 2014.
Expected Rental Incomes as per Rental Appraisal:
4 bedroom $420 pw
1 bedroom $220 pw
Full Turn-key.
Is cashflow positive!
Easy access to facilities and transportation.
Local state and private schools nearby.
Call Robert today on 07 3666 0126 to discuss this opportunity before these dual occupancy blocks are taken. Visit http://www.empowerhousing.com.au or email rkirk@empowerhousing.com.au