Follow The Money
Property ID: 17630015
Purchase Price $433K
Rent $450 per week (Estimated)
Gross Yield 5.4%
Small block of 5 townhouses
To be constructed
Grab your surf board and ride the wave of money. With around $300 million worth of both Government and Private Investment within just a few minutes of this property, now is the time to jump on board and use this to your advantage.
* 1.5km away a City Centre Upgrade is taking place where Education Centres, Retail, Dining, Hotels, Convention Centre and Offices will be constructed. This will bring 30,000 jobs to the precinct.
* Expansion of a major shopping centre just 2.5km from the property has been approved. This will provide 6,900 construction jobs and 1,350 ongoing retail jobs.
* A Health Hub worth $5 Billion is under construction with an expected completion of 2021, employing 3,000 people.
* A $450 Million upgrade of the Airport has been proposed. If approved this would create 2,200 jobs.
* A $384 million upgrade of the Highway started in March, bringing almost 700 jobs.
* The population is currently increasing by about 8,500 per year. This brings a need for around 280 new houses per month.
* Sales volumes, rents and prices of housing in this city are starting to increase.
* Vacancy rates are low at just 1.4% (2 to 3 % is considered a balanced market).
* This complex is located in a fully established area with little vacant land. It is situated away from where a vast majority of new land will be released but in an area where most demand is coming from Owner Occupiers.
* This Queensland city is projected to see strong growth in the coming years.
2 Bedrooms, both with built in robes;
2 Bathrooms, including an ensuite plus a powder room;
Air conditioning units in the living area and master bedroom;
20mm Stone kitchen bench tops;
Stainless steel fan forced Oven, Range hood, Dishwasher;
Single lock up garage;
Covered patio area;
Small court yard;
Cash flow neutral;
Just 3 km to the beach;
Close to High School, Childcare, Restaurants, Cafes and Bus stop.
Within 10 minutes, residents have access to;
More schools and childcare centres
Dozens of Restaurants and Cafes
Woolworths, Coles, IGA and Spar supermarkets
Chemists, Doctors, Private Hospital
Call Matthew Barnes on 0430 979 900 to secure 1 of the last 2 available townhouses.