This is one of the best investment properties available in the Glasshouse Mountains. With a potential rental yield of 6.7% and a guaranteed rental return of 6.2%, this dual key investment property is cash flow positive from day 1!
As well as having a high rental yield, this dual occupancy property capitalises on the high growth expected for the Brisbane and Sunshine Coast property markets. From an investment stand point, you will have both capital growth over the long term (being so close to the Sunshine Coast) coupled with high rental yields.
Vacancy rates in Glass House Mountains are very low and sitting below 1% and the rental population is also very low. Only 16% of Glasshouse Mountains residents are renters and well over 80% of residents being owner occupiers.
This dual living investment property is close to everything.
500m to Train Station
500m to State School
800m Town Centre
6km to Bruce Hwy
8km to Australia Zoo
20 minutes to Sunshine Coast Beaches
25 minutes to Montville/Maleny which has an array of restaurants, wineries, hiking trails, spa resorts
10 minutes to the University of the Sunshine Coast at Sippy Downs
15 minutes to the $2 Billion Sunshine Coast University Hospital
The investment property consists of the following:
Main Dwelling: 3 Bed, 2 Bath, Single Garage
Auxiliary Dwelling: 2 Bed, 1 Bath, Single Garage
Total Dwelling Size: 204.17m2
Build price: $296,620
Land size: 600m2
Land price: $275,000
FIXED PRICE TURN KEY PACKAGE: $571,620
Our turn key packages have every detail taken care of, there is nothing more to spend.
Fixed site costs, no surprises
Carpet and tile throughout
2440mm nominal ceiling height
Split system air conditioning to both dwellings
Superior plumbing and electrical fixtures
Flyscreens throughout
Blinds throughout
Outdoor patio area
Turfed and landscaped
Driveways and path
Fully fenced
Clothesline and letterbox
Preselected external and internal colours
Brick veneer construction
6 Year structural warranty
RENTAL ESTIMATE: $670 to $730 per week combined (3 year rental guarantee available)
Main Dwelling: $360to $390 per week
Auxiliary Dwelling: $310 to $340 per week
Completing an expression of interest and an initial deposit of $1,000 will secure this property.
Aaron Weaver – 0412 828 702
Delivering the best value home & land packages in South East Queensland