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 in particular an “in demand” area for housing.
The Opportunity: this property gives twice the opportunity. Not one rent but two! From the street front it appears to be a single family home, but it is when you look inside that you realize that there are two separate dwellings included in this property. That is right – two dwellings – two incomes! This property is strong positively geared right from the first month for most investors.
• The features of a dual living property are:
• Positive cash flow
• Low outgoings – no body corporate fees, low council rates and water rates
• Achievable rents are approx 50% higher than the typical 4 bedroom house
• Located in high growth area, with high rental demand
• Located in prime quality residential estates
• Located in high population areas close to fast expanding hubs
• Larger lots
• Lower your risk – if one dwelling is vacant, the additional one is still producing income
• Close to schools, shops and all other services and recreational facilities
This property is:
Land: 450m2 Price: $225,000 Land is close to being registered
Situated in small in-fill estate located very close to all conveniences and amenities
Home: 242.65m2 Build: $299,500
5 beds in total = 3 beds, 2 baths, 1 car PLUS 2 beds, 1 bath, 1 car
Dwelling 1: 131.73m2
Dwelling 2: 110.92m2
FIXED PRICE CONTRACT: $524,500
House: Discovery Constructions – Forde 243
Points Of difference:
Colourbond roof with whirly bird, Insulation 60mm significantly reduces heat held inside the house, Stone bench tops – 20 mm Caesar Stone or equivalent, Double vanity to Master – 2 semi recessed basins, Air con to to Bed 1 and living – reverse cycle split systems, security system – back to base provision, carpet and tiles throughout
RENTAL ESTIMATE: $650 to $660 per week
Please note that there is a body corp contribution (for private road maintenance) which is approx. $1500 per year.
For sales before 30th June 2016 the developer is offering a rebate of $5000 off the land price listed here – this is an offset for the body corp fees.
FULL TURN KEY FIXED CONTRACT: $1000 ON EXPRESSION OF INTEREST, TWO CONTRACT PURCHASE.

FOR SALE: $524,500