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 40% higher due to two income flows from two tenants
• Located in high growth area, with high rental demand – current vacancy rate is 3.3%
• Located in high population area close to fast expanding hubs
• 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:
LOCATION: Marsden Woolworths 3 mins, Marsden Golf Range 3 mins, Marsden Shopping Centre 8 mins, Logan Metro Indoor 8 mins, Logan Hospital 13 mins, Brisbane CBD 30 mins, Brisbane Airport 35 mins, Gold Coast Theme Paarks 35 mins, Gold Coast Beaches 35 mins……… many schools nearby
Land: 400m2 Price: $238,000 Land is registered
Home: 233m2 Build: $323,800
5 beds in total = 3 beds, 2 baths, 1 car PLUS 2 beds, 1 bath, 1 car
FIXED PRICE CONTRACT: $561,800
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 Bed 1 and living – reverse cycle split systems, security system – back to base provision
RENTAL ESTIMATE: $640 per week

To Purchase: Expression Of Interest with initial holding deposit of $1000.
Land and Building Contract: subject to finance 21 days
Land is registered so land settlement is 14 days after finance approval
Building Contract – 5% deposit payable to builder after notification of finance approval.
Builder requires Letter of Approval for land and build finance approval
Builder requires copy of Land settlement letter from Lawyers

FOR SALE: $$561,800
KAYE TILLEY 0418 823046
SOLAR ENHANCEMENT OPTION 6.4 KW $9,050
JOHN TILLEY 0417 04 14 24