WHY MARSDEN? –
Consistent long term growth, above average rental returns and low vacancy rates makes Marsden attractive to investors. Several schools, an abundance of shopping options along with numerous employment hubs makes the Logan area and Marsden an “in demand” area for housing. Twelve month Capital Growth has been 7.6%, and with a Rental Yield of 6.78%.
The Opportunity:
Land: Lot 546 Parklands On The Avenue – sta – 500m2 $210,600
Land Registration: Mar/Apr 2015
House: Grosse 218 3/2 Resort + Annex $277,000 Fixed Price Contract
* 3 + 2 bed
* 2.5 + 1 bath
* 1 + 1 car
* Turn Key
* Energy Efficient
RENTAL ESTIMATE: $610 TO $650 PER WEEK
INCLUSIONS: Summary only – Fixed Cost Site Works, Colourbond roof, Stone bench tops in Kitchen, Stainless Steel Appliances, A Render Finish, Alfresco under main roof, Leaver door handles throughout, Security Screens to doors and windows, 2 Split System Air Conditioners, Digital TV antenna, Modern lighting
TO PURCHASE: EOI WITH $1000 TO RESERVE, TWO CONTRACTS – Land and Build (pay SD only on the land price) 21 days finance approval, 35 days settlement on land. On Unconditional approval pay 5% deposit on Building Contract with Builder. Progressive construction drawdowns.
For sale: $ 487,600
Kaye Tilley 0418 823 046
John Tilley 0417 041 424