Now is good time to invest here in Ormeau Hills – this area is growing rapidly being forced to grow by the demand for Gold Coast Lifestyle and the facilities in nearby Pimpama and Coomera. This is one of SEQld key growth locations.
Nicely elevated, Elevate estate is 100 lots it total, it is a new estate, currently being constructed with completion of the lots estimated to be July 2019.
Ormeau Hills has many attractive features:
Located just 45 km south of Brisbane CBD and 34 kms from the centre of the fabulous Gold Coast
• 64.4% families
• 73.6% owner occupiers
• 16 parks in the area nearby to the estate
• Griffith University, Gold Coast Hospital, numerous shopping centres, including Coles, drakes and Woolworths, Ormeau train Station, regular public bus services, Gold Coast Airport just 36 mins drive and the M1 Motorway just 2 mins from the Elevate estate
The Elevate Estate boasts:
• Child Care – just 4 mins, Schools – just 5 mins, Norfolk Village Shopping Centre – just a short drive, Woolworths – just 1.7km, and numerous schools just nearby
Elevate estate prides itself on its range of parklands for families, a sports field and a variety of different options to suit all budgets.

This Opportunity:
DUAL OCCUPANCY: Lot 67 Elevate estate, Ormeau Hills – size 520m2 Land Price: $279,000
Under construction with registration estimated July, 2019
Dual: total of 5 beds, 2 baths, 2 cars – total size 200.59m2 Build Cost: $307,000
Dwelling 1: 3beds, 2 baths, 1 car
Dwelling 2: 2beds, 1bath, 1 car
Rental estimate: $720 to $760 per week combined rental
High demand – high rental income – Vacancy rate: current 1.5% (June 2019)

Inclusions: please request complete list:
PLEASE NOTE THAT THE GOLD COAST CITY COUNCIL CHARGE AN ADDITIONAL INFRASTRUCTURE CHARGE FOR THE SECONDARY UNIT OF APPROX $28,000. THIS ALLOWS YOU TO LEASE YOUR DWELLING TO TWO INDEPENDENT TENANTS WHO ARE NOT RELATED OR ASSOCIATED WITH THE HOUSEHOLD. THIS CHARGE CANNOT BE INCLUDED IN THE PURCHASE PRICE STATED DUE TO THE FACT THAT THE COUNCIL WILL ESTATE THE EXACT AMOUNT WHEN BUILDING PLANS ARE LODGED TO BE APPROVED.

To Purchase:
Expression of Interest with initial holding deposit of $1000.
21 days for finance approval
Then pay 10% deposit on land and 5% deposit to builder
Land settlement 14 days from issue of title
Build time total of 14 weeks

Please request further information if interested.

FOR SALE: FROM $586,000

KAYE TILLEY 0418 823 046

John Tilley 0417 04 14 24