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Description: BELLBIRD PARK is designed for residents wanting to enjoy the lifestyle, employment and new facilities within the greater Springfield region. Greater Springfield is the 4th fastest growing region in Australia, having attracted $11B worth of investment and is expected to grow it's labour force by 32,000 and it's population by 96,000 by 2030. The region's economic drivers include the new $1.2B Springfield Rail transport Hub, University and Orion Shopping Centre consisting of 200 specialty stores. Health City at Springfield Central incorporates Hospitals, Medical Centres, Day Surgeries, Respite Centres and the Mater private Hospital.
Located only minutes from excellent Public and Private education, trains and Motorway, BELLBIRD PARK is the ideal choice for the most discerning buyer, looking to experience the benefits associated with the fast growing region.
The Opportunity:
Land: LOT 5, 34 JANELLE STREET, BELLBIRD PARK
Duplex: Unit 1: 3 BEDS, 2 BATHS, 1 CAR
Unit 2: 3 BEDS, 2 BATHS, 1 CAR
Land size: 690m2 $625,000 to be registered in Nov 26
Duplex size: 250m2 Build cost $650,000
ESTIMATED RENTAL: $1400 TOTAL PER WEEK - see attached letter
ESTIMATED EQUITY UPLIFT ON COMPLETION: up to $475,000 when the property is fully completed and has tenant income. This is based on the current market performance and not a guaranteed result.
Re subdivision costs are not included in the purchase price of the property.
These costs vary but an indication is from $30,000 to $50,000.
Two contract purchase:
- $1000 EOI initial purchase deposit
- 5% initial build deposit
- 5% initial land deposit
- 14 days for finance approval
- Land settlement 14 days from title registration
Deposit would be refunded if finance is not approved.
To apply for this property with an EOI you will need to submit ID for all buyers - copy of current Passport or driver's licence
You need to have a current pre approval from a lender/broker
Property has access for inspection for valuation to be undertaken by lender
THIS PROPERTY IS SUBJECT TO BEING AVAILABLE FOR SALE AT THE TIME OF YOUR ENQUIRY
FOR SALE: $1.275,000
KAYE TILLEY 0418 823 046
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