Investment Duplex: Lot 16 Rosemary Street, Bellbird Gardens Estate

Bellbird Park, Ipswich, QUEENSLAND
New Home

Quick Summary

Property ID
1213
Land Price:
$299,000 - $0
Build Price:
$337,851 - $0
TOTAL PRICE:
$699,934 - $0
Property Type:
Duplex
Built:
New Home
Status:
Available
Land Registration:
Aug/Sept 2017
External Area:
912 m2
Area:
270.16m2
Beds:
6
Baths:
4
Garages:
2
Rent p/w:
$660 - $700
Code:
35

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Property Description

DUPLEX'S WITH INSTANT EQUITY AND POSITIVE CASH FLOW

Double Your Rental Income - Large 270m2 floor plan on large 9120m2 block, features 6 spacious bedrooms, master with ensuite, 4 bathrooms, 2 car garage with combined kitchen and living areas that flow outside to the courtyard entertaining areas.

Simply put, a duplex is two properties on one title (with each unit generally a 3 bedroom, two bathroom offering) that are joined by a common wall. In most cases, after completion you can subdivide the development and each property will then be on its own title. This often creates instant equity as you started with one block of land and now you have two! Yes, it really is that simple.

Kitchen, dining and living areas are centrally placed in the design, with both outdoor Alfresco areas located in opposite corners of the block to ensure occupants next door are not disturbed whilst entertaining. For everything a family needs, the Viola is sure to be appreciated for its well-designed plan and structure.

Benefits for Investors:
• Two sets of rental income producing a higher yield, which should ultimately make this a cash flow positive investment;
• Lower risk associated with vacancy periods as there is a secondary rental income;
• No strata fees, if the dwellings remain on the same lot/title.
• One set of Council rates and water rates, as opposed to strata titled dwellings.
• Market rents for each dwelling are more affordable to rent than a typical 3 bedroom investment property, which increases the demand for this type of property.
• Separate water meters, electricity bills, gas meters and phone lines are provided.

Location, Location, Location
Bellbird Park is in the fast growing western corridor less than 30km from Brisbane. It sits on the doorstep of the ever-popular Greater Springfield, the largest master planned city in Australia, and has ease of access to the major cities of not only Brisbane and Ipswich but also the Gold Coast via major transport corridors, as well as public transport.

Deposit:
A $1000 holding deposit is required to secure the property.

Act Quick This Will Not Last, Duplex House & Land packages are highly sought after.

Contact agent today to discuss a variety of similar house and land packages suited to owner occupier or Investor.

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