Glasshouse Mountain is one of the fast growing areas of the beautiful Sunshine coast. Over the past 5 years this area has seen 23.2% capital growth with no sign of slowing down. Additionally, Glasshouse Mountains is set to more than triple in population by 2036 which is the highest rate of growth in the region.
Site works are complete with titles expected March 2018. Located only 25 minutes from the beach at Caloundra and one hour from Brisbane central station by train.
Glasshouse Mountains is part of the Hinterland region of the beautiful Sunshine Coast, many would recognise the name in association of the 5 huge mountains which resemble glass in the sunlight! However, the most important point re growth in this location is the demand for housing which has outstripped supply in nearby Caloundra area, and therefore there is a large spillover of demand into this nearby area. Housing demand is still being driven by the hundreds of jobs on the Sunshine Coast due to the major projects including the airport expansion, the new city of Maaroochydore under construction, plus the major road network construction, plus two new very large housing estates being progressively constructed (huge demand for labourers and subbies) plus the additional smaller projects all approved and underway.
This property represents an exclusive opportunity for investors seeking a high yield and capital growth in the heart of one of Queensland’s most desirable areas. This home comes with A/C, stone benches, lockable windows, safety screens and ceiling fans, open plan kitchen, dining and living space with built in wardrobes and a single lock up garage per unit.
Two contract purchase: $2000 Expression Of Interest with initial deposit paid
Land Contract and Build Contract direct with builder.
Finance 21 days
Land settlement: 14 days from title issue- registration estimated Jan 2020
Plus Build Time: approx. 14-16 weeks
This Opportunity:
Land: size 800m2 Price: $305,000 Construction of this lot is well underway.
Duplex: total of 6 beds, 4 baths, 4 cars
Build Cost: $422,671 Total size of dual: 298.01m2
Dwelling 1: 3 beds, 2 baths, 2 cars – size 149.77m2
Dwelling 2: 3 beds, 2 baths, 2 cars – size 148.24m2
Rental estimate: $800 to $860 per week
Cash flow positive
Nearby:
• Train 620mtrs
• School 1100mtrs
• Daycare: 700mtrs
• Shopping: 700mtrs
• Parks/Reserves: 220mtrs
• Bruce Hwy to Brisbane – 10 mins easy access
• Caloundra for major shopping and beautiful beaches under 25 mins drive
• New city being constructed “Aura” – in the very near future the access to the facilities being developer here will be under 15 mins drive – new major shopping centre, new transit centre for bus and train, new schools and private colleges, new University, beautiful waterways and lifestyle and recreational facilities and much more…… all this just a short drive away!
Great property! Great location for growth and rental income security!

For sale: $727,671

Kaye Tilley 0418 823 046