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 MUCH higher than the typical 4 bedroom house
• Located in high growth area, with high rental demand
• 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:
Lot 51 Kerry Street, Parklands On The Avenue, Marsden
Land: 573m2 Land is registered Land Price: $254,000
Home: 219.82m2 Build Cost: $301,500
5 beds in total = 3 beds, 2 baths, 1 car PLUS 2 beds, 1 bath, 1 car
Dwelling 1: 3 beds, 2 baths, 1 car – size 130.57m2
Dwelling 2: 2 beds, 1 bath, 1 car – size 89.25m2
FIXED PRICE CONTRACT: $555,500
Builder: Aus Homes
Includes the following:
Colourbond roof, Stone bench tops – 20 mm Stone or equivalent, carpet and tiles throughout, concrete driveways, fencing and landscaping included

FIXED PRICE CONTRACT – TENANT READY

RENTAL ESTIMATE: $640 to $680 per week

FOR SALE: $555,500