Marsden -Affordable dual occupancy- huge rental 6.41% gross income yield estimated

WHY MARSDEN? –
“The most convenient place to live in South East Queensland.”

Convenient location. For instance it’s a 40 min drive to Brisbane CBD, an hour to popular Gold Coast beaches, 40 mins to the beautiful rainforest’s of Mount Tambourine, and a short drive inland to Aussie bushland boasting an array of creeks and camping grounds. The suburb its self is in extremely close proximity to large local shopping centres (grand plaza, Hyperdrome) as well only a 25-30 min drive to Westfield shopping centre’s Garden City and Carindale. It is a 10 min drive to the massive Logan Hospital. Plenty of schools in and around the area, the most notable being Marsden State High School which has been named 2020 Australian Best School of the Year. Heaps of
great parks Extremely multicultural.
Lots of kids sporting teams in surrounding areas.
Easy access to motorways.
Decent public transport system.
There are plenty of Businesses in the area (lots of jobs for young people in non-professional roles – like hospitality and retail).
Affordable Housing, including brand new houses.

The Opportunity: Dual occupancy :
Land: LOT 27 Marsden Heights Estate, Second Ave, Marsden – Logan Council area
Land Size: 350m2 Land Price: $315,000
Dual Occupancy: total size: 208m2 5 beds, 3 baths, 2 cars
Build cost: $446,462.
Package Price: $761,462
Dwelling 1: 3.2.1 = $500 to $520 per week
Dwelling 2: 2.1..1 = $400 to $420 per week
RENTAL ESTIMATE: $900 to $940 total per week

Inclusions: Summary only:
3 x air conditioners, carpets in all bedrooms, tiles in living and wet areas, window furnishing, colorbond roof, landscaping including fencing, energy efficient,
And much, much more – request full marketing package
See full inclusions list included

TO PURCHASE:
EOI WITH $1000 TO RESERVE,
TWO CONTRACTS – Land and Build (pay SD only on the land price) 21 days finance approval, 14 days settlement on land. On Unconditional approval pay 5% deposit on Building Contract with Builder. Progressive construction drawdowns.

This property is subject to being available at the time of your enquiry.

For sale: $ 761,462

Kaye Tilley 0418 823 046

$761,462
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Property Features
  • Dual Income
  • 5 bed
  • 3 bath
  • 2 Parking Spaces
  • Land is 350 m²
  • Floor Area is 208 m²
  • 3 Toilet
  • Ensuite
  • 2 Garage
  • Dishwasher
  • Built In Robes
  • Broadband
  • Fully Fenced
Real Estate Agent
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Kaye Tilley
0418 823 046
Contact me