Why Pimpama? Enormous growth, above average rental returns and low vacancy rates makes Pimpama attractive to investors. Abundant variety of schools, an abundance of shopping options along with numerous employment hubs makes the Northern suburbs of the Gold Coast and Pimpama in particular an “in demand” area for housing. The Commonwealth Games are being held on the Gold Coast in 2018, already there has been a huge surge in development and housing construction – don’t leave it too late! This is a once in a lifetime opportunity.
The Opportunity: this property gives twice the opportunity. Not one rent but two! There are two separate dwellings included in this property. That is right – two dwellings – two incomes! It is a strata titled duplex and This property is strongly positively geared right from the first month for most investors.
This property is:
Land: 629m2 Price: $360,000 Land is registered Earthworks included in price $11,039
Home Build: size: 262m2 Build cost: $426,990
Dwelling 1: 3 beds, 2 baths, 1 car = 157.90m2
Dwelling 2: 2 beds, 1 bath, 1 car = 104.28m2
Builder: Impact Homes (PHG)

FIXED PRICE CONTRACT: House and Land $786,990 includes $44,980 full council fees and strata costs to create separate titles on completion
RENTAL ESTIMATE: $800 per week combined rental
Gross Rental Yield = 5.2%
Inclusions:
Powder coated aluminium windows, color bond roof, Built in robes, Concreted under alfresco area, Up to “H1 Class slab as standard, Working drawings and engineering, Council fees, Gourmet kitchen, Remote lock up garage, 6 star energy rating, Fixed Price Contract, Quality carpets, Extensive floor tiling, Concrete driveway and path, Turf to yard, Letterbox and clothes line and much more – refer to the attached information

To Purchase: Two contracts – Land and HIA Building Contract
Initial deposit on Expression Of Interest to HOLD the property for you is $1000.
Please request Expression Of Interest and bank details for initial deposit payment
Subject to finance 21days and land settlement in 35 days from contract date.
Build Contract direct with builder – 5% initial deposit on unconditional finance approval. Build time estimate from Building approval 14 – 16 weeks.

FOR SALE: $786,990 Kaye Tilley 0418 823 046