Looking for an investment in Queensland’s hottest location with an exceptional estimated return and great depreciation?
Then this "dual key" house & land package is the perfect choice!
Situated centrally in Pimpama, this property is going to be close to everything. Your tenants will love being just minutes from the M1 motorway and local shops, and very soon will be a short drive to the new Westfield Shopping at the Coomera Town Centre.
Rarely does the opportunity come up to present a "dual key" like this in the 4209 postcode. The property consists of the 3 bedroom, 2 bathroom home & a 2 bedroom, 1 bathroom home, all under one roof with separate water & power connections, all on one title. Independent rental estimates from a reputed local property management company have appraised the 2 bedroom at $320-350/w & 3 bedroom at $370-400/w, and comparable current rental listings confirm these estimates.
You do the math! Even at the conservative end of the appraisal, that’s approx. 5.8% return, and up to 6.4% at the high end… and that’s before you even think about the depreciation benefits of a brand new build.
The location is perfect, close to Mirvac’s "Gainsborough Greens" estate, close to new schools, child care, shopping, fast food, golf, transport, and so much more coming in this rapid growth area.
So if you need a quality property to balance your negatively geared portfolio, or just want something with the potential to put cash in your pocket every week, then make sure to give this one a serious look.
Call Michael Conrick for more information and to arrange an inpection of the display home.
Note: Photos are a display home by the same builder and indicate similar finishes. Full list of specifications available upon request. Pricing and availability subject to change without notice.
Property Code: 1087