Affordable DUPLEX located in Nambour – Sunshine Coast Qld
The Sunshine Coast is booming with unprecedented growth due to the current long term infrastructure and development spending that is creating thousands of new jobs. Due to this land prices have absolutely escalated sharply – it is very difficult to now find affordable property! Nambour is a location where the market has just begun to move. This is due to land shortage on the coastal strip and buyers now are looking into the suburbs located west of the Bruce Hwy. Demand is getting tight here also – so we recommend that you get in before it is too late here.
Nambour is just a 15 minute easy drive to Maroochydore the Major Commercial and Retail centre on the Sunshine Coast. It too is undergoing a HUGE expansion and rejuvenation with the new SUNCENTRAL CITY of Maroochydore being constructed currently, plus the doubling of the size of the largest retail shopping centre Sunshine Plaza! New business/commercial and retail is just springing up everywhere – it is also attracting large international players eg Youi Insurance have just begun construction of their International offices.
Rentals are in huge demand – as newcomers to the coast seek accommodation, both short term and long term – so here is your chance. It is estimated that 30,000 new jobs will be created in these two projects alone.
This property performs really well with both rental income yield and immediate also capital growth (current appraisals are included in the information provided here).
This Opportunity:
LOT 2 ELIZABETH STREET, NAMBOUR:
Land: size 800m2 Price: $230,000 Registration of Land estimated end of 2017

DUPLEX: included are all costs to individually title each side to create two separate properties. On doing this there will an immediate equity gain – even without any further price growth of this area being included. Sales Appraisals included.
Build: size combined: 274m2 Each side is 137.32m2 Build Cost: $453,500
Rental Income Estimation: $800 to $860 per week combined – see appraisals included
Vacancy Rate: .9% current
Rates: $2500pa
Total Price: $683,500
Builder: Murphy Project
Two contract purchase – Land and Build
To Purchase: Initial deposit on EOI is $1000, on signing contract this deposit needs to be increased to 10%
Subject to finance 21 days with land settlement 14 days from title issue. When unconditional finance is approved the builder requires a 5% deposit of build cost to be paid.

FOR SALE: $683,500