Description:
Located in the expanding suburb Redbank Plains, this potential investment property is extremely popular! This opportunity includes potentially large rental returns in conjunction with a forecasted housing boom within this region. The positives of an investment in this property are immense, though get in quick because demand is HIGH! With schools, sporting facilities, recreational parks and shopping centers all located nearby, this house boasts prime location in this fast-growing location. The suburb resides as a part of Ipswich, one of South East Queensland’s most desirable investment towns! The potential Return on Investment forecasted for this property is vast, so get in quick as this property will go FAST!

Build Details:
Build Size: 195.86m2
Build Price: $270,605
Total build features: 4 beds, 2 baths, 2 cars

Rental estimate: see letter: $400 to $430 per week combined income
Estimated Rental Yield on Investment: 4.8%
Inclusions: Full list attached

Land Size: 313m2
Land Price: $186,900
Land Registration: June 2021

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.