Proudly marketed by exclusive agent Ben Trim.

Great Opportunity

This 733m2 block of land backs onto a natural reserve and is only a short walk to Arndale and Centro shopping centres and major City Link Bus Station in Springwood. The house was built in the early to mid 1980s but has the size and room to fit any use. But if it was built new in todays market how much would it cost to build a 5 bedroom, 2 bathroom house with a carpeted rumpus area & huge walk in storage area with a wrap around veranda???

Well the construction cost calculator on www.homedesigndirectory.com.au says new $374,400?!?- (thats just to build this size house!!!) add this with the value of the land in todays market and total cost would be between $700,000-$725,000 new! BUT IF YOU ACT QUICKLY you can get this land-(worth $330,000+) and house for a price of $499,000!…(Land-$330,000 + House $169,000) What could you build these days for $169,000 that would come close to the size of this home? Well the reality is that $169,000 will build you an average quality 2-3 bedroom house of a small to medium size!

This property would suit a young professional couple wishing to start a young family in a quiet peaceful street yet only 21 minutes from Brisbanes CBD. It would also suit an investor to purchase to either: – possibly rent out upstairs and downstairs to 2 different tenants or to build 2 duplexes and guarantee a great return because of this propertys unique position.

We all know that in Real Estate the key to securing a good property is Position, Position, Position and whoever purchases this property will have positioned themselves in acquiring a property that for this price they will tell their family about for years! If you are a First Home Buyer that qualifies for a finance amount of $475,000 and purchase this property before the 30th of September 2009 – (remember NO purchase stamp duty for purchases under $500,000) it will cost you only approximately $11,000-to-$15,000 with the First Home Owners grant to secure!!!