Love these established suburbs as it leads to greater capital growth due to the shortage of available land.
It’s not often an opportunity like this comes along, a magnificent single story dual occupancy in an established suburb at an incredible low price.
Due to be registered in September, this package has a large block and a decent size dual key.
There is not much missing from this package, 5 bedroom, 3 bathrooms and double garage plus with quality inclusions and a quality builder this is a great purchase. Dual occupancies in Logan lea are becoming more scarce.
According to the REIQ, the medium price for a house in the Logan area went up by 4% in the March quarter and the future augers well for this increase to continue.
This property is only 40min from Brisbane cbd, and 35 min from the recreational and holiday lifestyle of the Gold Coast. Schools, Logan hospital, shopping centres are all close by so is the train station and the Logan Motorway. Only 10 min to the major Hyper dome shopping centre.
Situated in a quiet and secure cult de sac, this project is fully inclusive, fixed price contract and turn key inclusions. Nothing else to do! Please ask for more information

FINER DETAILS

Location: Lot 6 Richards st Loganlea

Main unit: 3 bedroom, main bath, ensuite, single garage
Aux unit: 2 bedroom, 1 bathroom, single garage.
Total House Area:221.5sqm
Land: 620sqm

Pricing
House: $336,900
Land: $242,000

Total: $578,900

Rent
Approximate $680 to $715 per week
Yield: 6.1% to 6.42%

To Purchase: Two contract purchase – LAND AND BUILD
EXPRESSION OF INTEREST: Holding deposit required of $1000 on signing the EOI
Within 7 days contracts will be issued to buyer for signing and return
Finance period: 21 days from contract date
Land settlement: 14 days from date of title registration or if registered 14 days from finance approval
Build: Loan needs to be progressive construction draw down loan
Time frame: from time land is registered and purchased -
4 weeks for construction approval from local council
14-16 weeks building period to completion and hand over

Contact: Michael Hull 0459 550270
michael@mypropertyshop.com