Savvy investors check the financial benefits of dual key properties.
This property is actually two separate homes on one title. The first house has three bedrooms and two bathrooms. The second house has two bedrooms and one bathroom. Both houses have their own separate entrance, garage, and open kitchen and living areas.
This is a brand new house and land package offered for a fixed price. Having two separate properties allows a number of different living and investment strategies. You could live in one house for example and rent out the other to help offset your mortgage. Or if you need to take care of an elderly family member this is another option. You can stay close to your family while having your own space and privacy.
Investors will be drawn to being able to receive two separate rental incomes from a single property. The house is built using quality low maintenance fixtures, which will keep outgoings to a minimum.
ABOUT PARK RIDGE
The property is located in the growing suburb of Park Ridge. Park Ridge is just a 40-minute drive to Brisbane CBD and is currently one of the fastest-growing regions in Australia. The population in the area is expected to triple over the next 20 years, leading to a high demand for quality rentals like this property. Logan City Council has a master plan to create a sustainable, urban community, with a range of employment opportunities and infrastructure development.
LAND PRICE: $238,000 (450m2)
HOUSE PRICE: $323,500 (228m2)
TOTAL HOUSE AND LAND PACKAGE: $561,500
HOUSE AND LAND PACKAGE INCLUSIONS
⢠Fixed Price Site Costs
⢠Split System Air Conditioner to Living Room & Bedroom 1
⢠Roller Blinds To Windows and Sliding Door (Excluding Wet Areas and Window Behind Cooktop & Garage If Applicable)
⢠Security Screens To Opening Windows and Doors
⢠Floor Tiling and Carpet Throughout
⢠900mm Wide Stainless Steel Freestanding Gas Cooker
⢠900mm Wide Glass Canopy Rangehood
⢠Upgraded Ceiling Fans Throughout Including Fan to Alfresco
⢠Smoke Alarms & Quality Low Energy Lighting
⢠Fencing, Premier Grade Landscaping, Driveway & Path
⢠Clothesline and Letterbox
* Two Contract Purchase – Land and Build
* Land is Registered
* Completing an expression of interest and an initial deposit of $1,000 will secure this property.
STANDARD CONDITIONS
Only pay stamp duty on the land and no stamp duty on the build.
$10,000 deposit is required for land deposit on finance approval and a 5% build deposit required before land settlement.
Land settlement is approximately 14 days after land registration or finance approval
Progressive payments are required during the build process.
Allow 16 weeks for build completion.
For more information contact John Scanlan on 0407 375 932
And, for a no-obligation discovery session to help us find the most suitable property option for you.
Working with a range of clients to meet individual needs and requirements, delivering the best value home and land packages in South East Queensland.
HOW WE CAN HELP YOU
Through our trusted network of builders and land developers across South East Queensland, Asset Property Partners offers a no-cost service that helps everyday Australian’s make smarter property choices.
Let us help you save time and money whilst taking the hassle out of building!