Turn key ready with nothing to do, this dual occupancy includes quality inclusions such as stone benchtops, security screens to the external doors, stainless steel appliances, exposed aggregate driveway, carpets and tiled floors and split system air conditioning.
Brick veneer with a practical floor plan consisting of 5 bedrooms, 3 bathrooms and double garage to main with single garage to auxiliary unit.
Situated within the City of Logan,this area continues to be a strong economic performer within Queensland with no signs of slowing down. The city has a current estimated Gross Regional Product (GRP) of $13.4 billion which improved by 20% between the years 2016 and 2017, adding to the consistent growth the region has experienced over the past 22 years.
There are several key industries that support the city’s growing economy including health care and social assistance, construction, retail trade, education and training, and manufacturing. These five industries make up over half of the city’s total employment with retail trade being the largest employer in the region. Logan City also has a strong business base that generates an estimated 89,000 local jobs with over 21,000 businesses operating in the region.
Fine Print
Dual Occupancy
Main unit: 3 bedroom, 2 bathroom, Double garage
Auxillary Unit: 2 bedroom, 1 bathroom, single garage.
Land size: 447sqm
Land Price: $245,000
House size: 214sqm
House Price: $301,000
Rent: $620-$680 combined per week estimated, 6.4% yield based on $680 per week.
To Purchase: Two contract purchase – LAND AND BUILD
EXPRESSION OF INTEREST: Holding deposit required of $1000 on signing the EOI
Within 7 days contracts will be issued to buyer for signing and return
Finance period: 21 days from contract date
Land settlement: 14 days from date of title registration or if registered 14 days from finance approval
Build: Loan needs to be progressive construction drawdown loan
Timeframe: from time land is registered and purchased -
4 weeks for construction approval from local council
14-16 weeks building period to completion and hand over
Total Package: $546,000
Ring or email Michael Now: 0459 550270