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IMMEDIATE EQUITY ON COMPLETION - DUPLEX IN LOGANLEA - High demand area and very close to EVERYTHING!
$636,536




Property Location: LOGANLEA - LOGAN - QLD

Listing Id: 19893865  

Details

Bedrooms: 6    Bathrooms: 4    Garages: 2   

Land

Size: 526 Square Mtr Approx  

Description: You just cannot get a property in a better location...... slap bang in the middle of Loganlea - close to train station, shopping, schools, uni and all transport nodes.
Situated in a suburb of the major growth city of Logan Queensland. This is one of the fastest growing areas in the Western Growth Corridor of Brisbane Qld. Close to all major highways and arterials including the Logan Motorway and the M1 Pacific Highway- affording easy access to Brisbane, SSCoast and Gold Coast and beyond to Toowoomba and Ipswich areas. Major employment hubs nearby and housing demand is enormous - Plenty of jobs around here so plenty of rental demand.

Modern, slick and spacious - this modern brick veneer duplex is unique in that it is two units . Approved duplex living design concept allows the investor greater flexibility and also much greater income return. Two completely separate and private living spaces are created by the party wall division giving noise reduction but more importantly fire safety for your tenants. Separately metered (all fees and charges are included in the build cost) with two completely separate tenants with two separate managements by your property manager - it is that easy! If you wish to strata title this property the additional cost would be $10,000 approx. However this would result in immediate additional equity in the property - plus the additional advantage of being able to sell one and keep the other - this is an excellent addition to your property portfolio

Land: 541M2 $285,000 Registered May 2018
DUPLEX: : TOTAL SIZE: 244.2M2 Build price Contract $351,536
Unit 1: : 3 BEDS, 2 BATHS, 1 CAR SIZE: 122.1m2
UNIT 2: 3 BEDS, 2 BATHS, 1 CAR SIZE: 122.1m2
• Turn Key - tenant ready
• Fixed price Contract
Rental Estimate: $680 to $740 per week total combined
Increase in equity on Completion: has been estimated by local agents to be in the range of $679,000 to $699,000

REQUEST FULL MARKETING BROCHURE FOR FURTHER DETAILS

To Purchase: EOI required to reserve, TWO CONTRACTS - $2000 holding deposit. 21 days finance, 35 days settle on land. Unconditional finance pay initial deposit to builder. Progressive construction drawdowns. Full information supplied to Lender.

FOR SALE: $636,536

Kaye Tilley 0418 823 046


IMMEDIATE EQUITY ON COMPLETION - DUPLEX IN LOGANLEA - High demand area and very close to EVERYTHING!
$636,536


Contact My Property Shop Australia Pty Ltd Today!!!

Contact John Tilley
Phone 0417 04 14 24

Contact Kaye Tilley
Phone 0418 823 046

Property ID:19893865

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