**Highlights**
Two Tenancies under one Roof (Dual Occupancy).
Borrowing 100% of purchase price and costs, property is assessed as cashflow positive by $2,440 p.a.
Rental Yield: 6.32%
Annual Growth Rate: 5%
Rule of 72: 14.4
Based on avg Mum & Dad Incomes $2,900 is available in negative gearing
Potential Property Value Increase over 10-years: $309,000
Potential Interest Savings on owner occupied home loan: $65,000
The Retreat Estate in Yandina is located on the Sunshine Coast of Queensland.
This unique development by the Pask Group presents a boutique residential community with only 52 allotments. Dedicated parklands with children’s playground and close to all amenities, you will love exploring Yandina’s natural assets!
Walking, fishing, canoeing and visiting The Fairhill Native Plants and Botanic Gardens are a plant and flower lover’s dream and just minutes away is the Award winning ‘Spirit House’ one of states best restaurants.
This 4 bedroom + 1 bedroom Dual Occupancy home is ready to commence construction.
Expected Rental Incomes as per Rental Appraisal:
4 bedroom $400 pw + 1 bedroom $200 pw = $600 pw
Full Turn-key and cashflow positive!
Level and gentle sloping land.
Small and quiet cul-de-sac estate.
Community neighbourhood with Hinterland environment.
Clean country air and with more space.
Easy access to facilities and transportation.
Local state and private schools nearby.
The Retreat is also just minutes away from the new Yandina Shopping Centre which is currently under development. Upon completion there will be an IGA Supermarket plus a variety of specialty shops; proposed shops include a bottle-shop, bakery & doctor’s clinic.
Call Robert today on 07 3666 0126 to discuss this opportunity before all of the suitable blocks are taken. Visit http://www.empowerhousing.com.au or email rkirk@empowerhousing.com.au