The duplex concept is another excellent opportunity for investors offering not only high yields but the potential to “manufacture” equity by strata titling the property, we have now proved that this concept works and it’s not uncommon producing $100k or more by purchasing a duplex property off the plan.

Please find attached with this email some preliminary information for lot 97 Horizons North Estate Woombye. This is a 3 +3 duplex with double garages, this estate is a premium development where the developer has gone above and beyond with presentation. It really is a stand out development that impresses everyone that I have taken there. You will find attached a recent market appraisal we had prepared by a local agent. As you will see at the time of completion and the property is strata titled the potential uplift is quite substantial. The demand for the resale is from retirees looking to down size as well as first time home buyers looking to enter the property market for under $500k . If you strategy is to buy and hold you can have the 2 units re-valued at completion and use that equity for your next investment .

In relation to the strata titling , this is all done for you and included in the purchase price. Approximately 4 weeks from completion you will be issued with a second title, all of our packages are full turn key and include everything for tenants to move in. Landscaping, blinds, aircons, ceiling fans , letter boxes, clothesline etc are fully included.

The purchase price for lot 97 is $787,000 being $452k for the build and $335k for the land.
Palmwoods and Woombye are very close to each other, both lovely areas with very tight vacancy rates . The property market is and will continue to perform well , these areas haven’t been flooded with investment properties and the estates are small boutique infill developments offering good sized land lots .

Lot 97 is in stage 3 , we are expecting title registration in October / November this year.
In summary this opportunity is:
Land – Lot 97 Horizons North Woombye – size 821m2 Price $ 335,000
Build: duplex 6.4.4. size total of 318m2
Unit 1: 155.5m2 Unit 2: 162.5m2

Rental Estimation: this is a very sought after area due to the beautiful landscape and the lifestyle
$760 to $810 per week total income

This property includes all fees and charges to council for duplex plus costs to survey and strata title into two titles on completion.

This is a FIXED PRICE CONTRACT – AND THE PRICE CANNOT ALTER AFTER THE SIGNING OF CONTRACTS.

To Purchase: to purchase in two contracts:
Land and Building Contract – subject to finance 21 days from date of contract – settle on land 35 days from date of contract
Expression Of Interest required to hold the property plus an initial refundable deposit of $1000

Please call to discuss if required or to notify intention to purchase.

FOR SALE: $787,000 Kaye Tilley 0418 823 046 John Tilley 0417 04 14 24