Located in the new estate of Plantation Palms, this Duplex house and land package on 2 separately titled blocks is also suitable for SMSF buyers.

This is the only remaining 3br + 1br Duplex. The other remaining Duplexes are 2br + 1br and 1br + 1br.

No Strata Titling required. No Body Corps required.

Land sub-division by builder into 2 separate lots will occur upon commencement of construction.

The 3 bedroom home has 2 bathrooms and 1 garage

The attached 1 bedroom home has 1 bathroom and 1 garage

Expected market rent 3 bedroom $400 pw
Expected market rent 1 bedroom $320 pw

Investors can expect $976pw in rents + tax breaks + cash rebates

Rental yield 7.72%
Stamp Duty payable on land if H&L = $8,057
Stamp Duty payable if SMSF = $24,343
Annual Growth Rate North Mackay 11.45% (Source RP Data)

Buyers using their combined Super require min 30% deposit of $200,000 + Stamps & Bank Fees. Allow $230-240,000

This home includes 2 NRAS incentives with an annual value of $20,700 for the next 10 years. With CPI the total incentive value from the State and Federal Government’s could be $250,000!

Mackay’s Major Projects include:

>$500m Jilalan Rail Complex Upgrade
>Planned expansion at the Port of Hay Point (Dudgeon Point) $6.8b in potential rail infrastructure for transport of coal to Hay Point
>$405m Mackay Base Hospital redevelopment generating 2790 jobs
>$250m Northern Beaches Central Shopping Centre expansion
>$220m Caneland Central Redevelopment generating 3,500 jobs
>30m Marian Town Centre
>$200m Evolution Paget Industrial Park
>148m Forgan Bridge duplication
>$120m Cogeneration Power Plant
>$85m Ethanol Plant
>$11m Mackay Sports Stadium

$1,000 refundable holding deposit required to secure this property today

http://www.empowerhousing.com.au/assets/297/EmpowerHousingGroupAboutUs-SpecialtyFeb-Mar2014.pdf – Our brochure

Call Robert on 0403 577353 or email rkirk@empowerhousing.com.au for more information. Or, visit the website http://www.empowerhousing.com.au