Description:
Located in Collingwood Park, this opportunity is not going to be around for long! Offering attractive rental returns coupled with the location of a high growth location and the positives of a new investment. This ensures that demand for this type of product is extreme. The location also boasts quality schools and other useful amenities such as supermarkets, shopping centers, employment hubs and recreational parks. The location is only approximately 10 minutes from Redbank Plains, an increasing sought after destination. Other helpful infrastructure such as main arterial roads and public transport are at the fingertips. The location is between the high growth of Logan and Ipswich, providing good indicators and markers for heightened capital gains growth. 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. Get in quick!

Build Details:

Build Size: 191.6m2
Total build features: 4 beds, 3 baths, 2 cars
Dwelling 1: 3 beds, 2 baths, 2 cars
Dwelling 2: 1 bed, 1 bath, 1 car
Rental estimate: see letter: $560 to $640 per week combined income
Estimated Rental Yield on Investment: 6.2%
Inclusions: Request for full list

Land Details:

Land Size: 480m2
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.