Description:
Located in one of Australia’s fastest growing satellite cities, this opportunity is not going to be around for long! Offering attractive rental returns coupled with the location of a high growth location, the investment demand for this type of product is extreme. The location also boasts close schools and other useful amenities such as shopping districts and employment hubs. When you coupled the potential capital gain, tax incentives and rental yield, this property has the potential to offer a lucrative Return on Investment. We are seeing across the board this type of product selling within a 48hr period. For more information, please get into contact. Get in quick!
Build Details:
Build Size: 205m2
Total build features: 4 beds, 3 baths, 2 cars
Dwelling 1: 3 beds, 2 baths, 1 car
Dwelling 2: 1 bed, 1 bath, 1 car
Rental estimate: see letter: $540 to $600 per week combined income – see estimate provided
Estimated Rental Yield on Investment: 6.2%
Inclusions: Full list attached
Land Details:
Land Size: 450m2
To Purchase:
Fixed Price – Turn-key contract:
Two contract purchase – Land contract plus HIA Building contract.
Expression of Interest (EOI) to hold – $1000 fully refundable deposit.
21 days for finance approval – land settlement 35 days from date of contract or 14 days from the registration of title (July 2021)
5% deposit paid on unconditional for Building Contract – progressive drawdowns on the HIA build contract.
Note: that this property is subject to availability due to heightened demand.