Located in the very popular area of Nambour, in new modern estate called Creekside, this newly released dual occupancy is within minutes of all essential services and amenities.
The local General Hospital in Nambour is within 3 mins drive, the shops and all other services are within a 5 min drive, the Train Station and the major transit centre is also within a 5 min drive from this home.
This suburb area is called image Flat and is a quality housing estate, with Creekside being one of the new estates in this area being developed. This stage release is named “High View” – the name is descriptive of this location.
Rentals are very sought after because Nambour is just 10 mins drive into the main city of the Sunshine Coast called Maroochydore – this is a hive of development activity with a brand new Town centre called Suncentral being constructed, new commercial and retail business expanding very fast with many new national names opening large businesses in this location.
Lifestyle in Nambour – a relaxing country township but with 3 large supermarkets, many other major retailers and several shopping hubs to select from.
Nambour is made up of persons of all ages – retirees, families and singles.

This Opportunity:
Land: Lot 98 Meditation Crt, Creekside estate – 641m2 Price: $255,000
Titles are estimated to register in December 2018
Dual Occupancy: total of 6 beds, 3 baths, 2 cars – total size 244m2 Build Cost: $362,450
Main dwelling: 4 beds, 2 baths, 1 car – size 160.27m2
Secondary unit: 2 beds, 1 bath, 1 car – size 84.16m2

Rental estimate: $780 to $810 per week combined income – Gross yield 6.7%

Builder: local Sunshine Coast building company – very well accredited local builder with very high reputation for quality and efficiency

To Purchase:
Expression Of Interest with initial deposit of $1000 – payable on signing of contracts
Additional balance of deposit to equal 10% on land price on unconditional finance approval
Two contract purchase: Land contract plus Building Contract – great benefit! Only pay Qld Stamp Duty on the land price not the full package price – you will save thousands of dollars!
Subject to finance 21 days from date of contract

Land settlement 14-21 days after issue of titles
Build Contract: 5% initial deposit paid to Builder on Unconditional finance

Kaye Tilley
0418 823 046