Real Estate Australia

5 BED ROOMING HOUSE - BUY ONE PROPERTY - COLLECT 5 RENTS! OXLEY BRISBANE QLD
$1,360,863

Property Location: BRISBANE - QLD

Listing Id: 21698910  

Details

Bedrooms: 5    Bathrooms: 5    Garages: 2

Description: Situated in the suburb of OXLEY part of the major growth city of Brisbane, Queensland. This is one of the fastest growing areas in the Growth Corridor of Brisbane Qld. Close to all major highways and arterials 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. See attached brochure. This 5 bed rooming house with 5 tenants and 5 rents per week paid, is only priced at $145,000 more than the normal median Oxley House = but provides 3.2 times the rental amount. 5 bed Rooming House rent: $121,890 PA gross - gross yield 8.96% Median Oxley 4 bed home rent: $36,975 PA gross - Gross yield 5.10% Purchase Price for 5 bed Oxley Rooming House: $1.360,863 Median Purchase Price for a 4 bed Oxley Home: $1.215,700 Rental: $2390 per week combined rental income Vacancy rate for Oxley current 1.5% - Supply is tight/ rooms lease fast Compared with Dual Occupancy in Oxley: 5 rentals versus 2 rentals: 5 bed rooming house in Oxley Purchase Price - $1.360,863 - 5 tenants 5 bed dual occupancy purchase price in Oxley: $1.400,000 - 2 tenants Land: Lot TBA OXLEY BRISBANE - QUEENSLAND Land size: TBA Land Price: TBA Rooming House - 5 beds - 5 tenants Fixed price Building Contract • Turn Key - tenant ready • Energy Efficient Estimated rental: $2390 total for 5 rents per week - combined total Inclusions: please request full details if you have interest Furniture: please request the details of the selected items Total package value is $30,000 additional cost This includes all furniture, and other items for daily living This is supply and installation To Purchase: Two contracts - Land contract + Building Contract Expression Of Interest plus small holding deposit TBA to be paid asap Contracts will be then generated Finance: 21 days from contract date Land settlement: Registered - 14 days from finance approval/ or if title not registered 14 days from registration of title Build Contract: on finance approval an amount of 5% calculated on only the build cost is to be paid to the builder Build Timeframe - details to be provided by builder for each individual home design. FOR SALE: $1.360,863 Kaye Tilley 0418 823 046

5 BED ROOMING HOUSE - BUY ONE PROPERTY - COLLECT 5 RENTS! OXLEY BRISBANE QLD
$1,360,863

Contact My Property Shop Australia Pty Ltd Today!!!

Contact Kaye Tilley
Phone 0418 823 046

Contact John Tilley
Phone 0417 04 14 24

Property ID:21698910