WHY MARSDEN? –
SUBURB OF THE FAST EXPANDING AND STRONG GROWTH SUBURB LOGAN in Queensland . 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 7.60%, and with a Rental Yield of 6.17%. Situated around 28 kms to Brisbane GPO and very close to all major arterial road networks and rail access, Marsden offers every convenience for your everyday life.

The Opportunity:
CO – LIVING OPPORTUNITY – 3 TENANTS – 3 INCOMES
Land: LOT 8 – 22 to 30 Third Avenue, Marsden
You could not get anything closer to the main amenities and service – this is right in the very middle of everything you need!
Land Size: 371m2 Land Price: $265,000. Registration estimated August 21
Dwelling size: total of 4 bedrooms – 3 baths – 2 cars (optional bed 4 or media room)
Total size: 190.47m2 Build cost: $291,450

RENTAL ESTIMATE: $660- 5.95% yield per week to $750- 6.78% yield per week – see attached rental estimate with optional guarantee

Inclusions:
Brick and tile construction
6 star energy rating
Turf and landscaping
Fully fenced
Stone benchtops in kitchens
Split system air cons to each bedroom and also living area
Stainless steel appliances
Clothesline, TV antenna, letterbox
Carpet and tiles throughout
Vertical blinds to all windows
Flyscreens and window locks
Security screens to external doors
Fan light to bedrooms
Garage remote controlled
And much, much more…….
Please read the inclusion summary on the brochure attached.
You will be provided a full inclusions and specifications list in the building contract supplied by the builder

Please note that if you are building for the co-living concept there are additional costs that need to be included in your purchase price to make it compliant for this use:
They are –
• Tri-lockable linen and pantry storage $1000
• Furniture – allow 6000
• 10.32kw solar system complete 6350
• 3 x air cons for 3 bedrooms 5313
Total additional costs for Co – living concept $18,663
This would increase your purchase price for co-living to $575,113

Please note that the price on the brochure is for the 4 bed standard family home, not co-living.

TO PURCHASE:
EOI WITH $1000 TO RESERVE,
TWO CONTRACTS – Land and Build (pay SD only on the land price)
21 days finance approval,
Land settlement 14 days from title registration – estimated August 21
On Unconditional approval pay 5% deposit on Building Contract with Builder. Progressive construction drawdowns.

This property is subject to availability due to the fast rate of sales being made daily.

For sale: $ 575,113

Kaye Tilley 0418 823 046