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GREAT VALUE--EXISTING HOUSE PLUS NEW UNIT TO BE BUILT!--HIGH YIELD 7.6%
$465,000




Property Location: Marsden - LOGAN - QLD

Listing Id: 20418154  

Details

Bedrooms: 5    Bathrooms: 3   

Land

Size: 472 Square Mtr Approx  

Description: And now for something completlet different. This opportunity will give you various options. There is an existing 3 bedroom house ready to move into. Rent it out straight away or move in and watch your investment property be built.
Marsden is an established suburb with only infill developments available, this means less supply but high demand exists. Only 3.9km to Logan lea train station and 900m to Marsden Park shopping centre ( KFC and Mc Donalds)
There is not much missing from this package, 5 bedroom, 3 bathrooms and double carport plus with quality inclusions and a quality builder this is a great purchase. Dual occupancies in Logan lea are scarce, and this is the lowest priced project I have come across for a long time in this area.
According to the REIQ, the medium price for a house in the logan area went up by 4% in the March quarter and the future augers well for this increase to continue.
This property is only 40min from Brisbane cbd, and 35 min from the recreational and holiday lifestyle of the Gold Coast. Schools, Logan hospital, shopping centres are all close by so is the train station and the Logan Motorway. Only 10 min to the major Hyperdome shopping centre.
Situated in a quiet and secure cult de sac, this project is fully inclusive, fixed price contract and turn key inclusions. Suitable for a S.M.S.F, and Nothing else to do! Please ask for more information


FINE PRINT

Existing House: 3 bedroom, main bath, ensuite, single carport
Aux unit: 2 bedroom, 1 bathroom, single carport
Total House Area:191.15sqm
Land: 472sqm

Pricing
Existing House and land:$295,000
New Unit to be built: $160,000

Total: $455,000

Rent
Approximate $640--$700 per week
Yield: 7.6%, based on average amount.

Available for an Inspection.

Contact: Michael Hull 0459 550270
michael@mypropertyshop.com


GREAT VALUE--EXISTING HOUSE PLUS NEW UNIT TO BE BUILT!--HIGH YIELD 7.6%
$465,000


Contact My Property Shop Australia Pty Ltd Today!!!

Contact Michael Hull
Phone 0459 550 270

Property ID:20418154

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