FAIRMEADOW ROAD is situated close to the major town of Nambour, just 15 mins inland from the coastal strip of the Sunshine Coast including Maroochydore the major commercial hub on the coast. It is recognised as a stable town with a middle class demographic. The Sunshine Coast General Hospital is located here as well as the SSCoast Council offices. Nambour has many educational facilities including both public and private. The township is very self sustaining and just recently there has been a surge in demand for land and investment opportunities. It is very picturesque and located in an elevated location. If you travel up the mountain range you will be in the tourist locations of beautiful Montville, Maleny and other famous Blackall Range tourist destinations. If you travel south within 20 mins you will be in the beautiful city of Caloundra, or within a hours drive you will be on the outskirts of Brisbane City. Nambour is the hub of the train network with the only major train transit station, servicing Brisbane and further north to Far North Queensland. Fairmeadow Road is very close to the suburb of Rosemount – and is positioned with very easy access to Maroochydore. It has excellent access to the Bruce Hwy. It is known for its highly priced rural and residential developments.
Land has been very scarce on the Sunshine Coast. This property has been recently approved for re subdivision and 2 lots have been created which are “as of right use” for duplex construction. It is a boutique 3 lot subdivision consisting of 2 new duplexes (yet to be constructed on lot 2 and 3) and an already existing home on Lot 1. This location will be popular with owner occupiers and investors. There is quality housing surrounding, and within walking distance is the new estate called Rosemount Rise in which new homes have been constructed.
OUR OPPORTUNITY:
We offer
Lot 2: Land size – 803m2 $295,000
With spacious duplex of two completely separately titled private dwellings – all costs for strata title is included in this price
Unit 1: size 158.31m2 – 3 beds, 2 baths, 2 cars
Unit 2: size 158.31m2 – 3 beds, 2 baths, 2 cars
FIXED PRICE BUILD CONTRACT: $425,000 Total size: 316.62m2
RENTAL ESTIMATE: $790 to $810 in total per week ($405 pw per unit)
Total Duplex: 6 beds, 4 baths, 4cars
PLEASE NOTE: there is a private entry driveway to be constructed between these two duplexes – entry from Fairmeadow Road. This will a shared cost between Lot 3 and 2. There will be a special condition clause relating to the entry easement included in the land contract which will protect the buyer.
Sales Appraisals have been gained and indicate upon completion that there will be approximately $70,000+ immediate equity in these once strata titled
Method of Purchase:
Expression Of Interest (non binding) with initial $2000 holding deposit
Contract Conditions: 21days finance from date of contract
Two contract purchase: Land and HIA Building Contract
Land Contract settlement: 14 days from registration of titles
Build Contract: on unconditional finance approval pay to the builder an amount calculated at 5% of the total build cost as initial deposit
Note: that the total purchase price includes all additional headworks and fees and charges plus cost of strata titling
Call John or Kaye today for additional information.
FOR SALE: $720,000
KAYE TILLEY 0418 823 046
JOHN TILLEY 0417 041 424