If you’re in the market for an investment property that’s affordable, has a great yield and is located in one of Australia’s emerging hotspots then this house & land package in Coomera, QLD may be of interest to you.
Boasting a fantastic location between the Gold Coast and Brisbane, these architecturally designed Rivergum-built properties represent a rare opportunity to invest in the final stages of the award-winning AVJennings Big Sky estate.
With the eagerly anticipated billion-dollar Coomera Town Centre now in its first stages of development, prime residential land surrounding the new retail and entertainment super-hub is becoming extremely scarce.
Rivergum’s previous project [also 8 homes] sold out in weeks and at last check there were only 2 homes left out of 8 in this current one.
Named Outlook, this current project is a stylish new take on urban living, combining low-maintenance living with fresh open space on your doorstep – making for a clever investment.
Just 20 minutes drive to the Gold Coast, 35 minutes to Brisbane and 40 minutes to the beautiful Moreton Bay, residents at Outlook have it all – schools, sports, major retail, restaurants, entertainment and close access to the best beaches in the region.
A fixed price, turn-key, cash flow positive 3 bedroom property located in the Big Sky estate in Coomera, QLD.
Note, this property is being sold off-the-plan via a single contract [not a dual land and house contract] so it can be purchased in a SMSF.
Here’s how the numbers look;
|House & Land Price:
|$405,000 [134 sqm house, 194 sqm land]
|$410 pw [5.26% yield]
|+$105 pw* [$5,460 pa]
|10 Yr IRR
|45.85% [pre-tax return on all money invested over 10 yrs]
|1 Yr RETURN
|$35,835 [$5,460 rent + $30,375 capital growth]
*based on borrowing 90% of purchase costs at a rate of 4.25% with tax credits calculated using an annual income of $80,000.
This property is cash flow positive $105/week [$5,460 pa] in the first year.
In total, including capital growth, there is a potential to make ~$36K after just one year.
To purchase this property, you will need approximately $60-100K in available equity or cash [depending on your loan size]
South-East Queensland ‘growth corridor’ showing the location of Coomera
Coomera is a suburb of the Gold Coast in South-East Queensland [SEQ]. According to hotspotting.com.au Gold Coast is currently the number 1 growth market in Australia.
Strong infrastructure spending is the major catalyst for the recent revival in the Gold Coast market with the inland housing markets poised to achieve strong price growth this year and beyond – in particular, the northern growth corridor stretching towards Brisbane which includes the suburbs Coomera and Pimpama.
To download a copy of the Urbis Residential Market Regional Overview for Gold Coast North – click here
Property powerhouse John McGrath says there’s only one place in all of Australasia to be buying real estate right now – and that’s in South-East Queensland. To read why he and many other experts are so keen on SEQ click here
We’ll provide you with all of the details you need to make an informed investment decision. This includes a detailed Property Investment Analysis [PIA] report, property brochure, site plan, inclusions list, a rental and sales appraisal from local real estate agents, area research reports and any other relevant supporting information.
To secure this property you will need to complete a simple Expression of Interest [EOI] form and pay a refundable holding deposit [usually $1,000]. Your offer is also subject to finance and is not binding should you not be able to get finance approval.
Unlike other property groups out there we don’t develop and sell our own property, instead we go to great lengths to ensure the properties and areas we recommend have the greatest chance of out-performing the broader market. That’s why we avoid inner city apartments, projects where there are too many investors, and areas that are reliant upon one industry, such as mining towns!
Instead we’ve built up a strong network of developers and builders around Australia and work hard to find you the right type of property in carefully selected hotspots which display the core fundamentals of high employment, infrastructure spend and population growth.
We only work with reputable builders who get the job done, so build times are less than 180 days. The properties are also 100% turn-key and ready for tenants to immediately occupy – standard inclusions are; air-conditioning, blinds, security screens, full landscaping, fences, antennas and letterbox. All council fees and charges [soil test and engineering] are covered by the builder and you get a 12-month maintenance period [for any defects] and a 20-year structural guarantee. There’s no hidden costs, surprises or extras for you to organise. We can also help you find an excellent local property manager and arrange to have a full depreciation schedule completed at the end of the build.
Since the Sydney and Melbourne property markets have peaked, SEQ has been getting more attention in the media – so the word is getting out… What this means is overall there is less stock available and the uptake is fast with many properties selling within a few weeks of being released. So if you are interested in any of the deals we send through please contact us immediately so we can put a temporary hold on them for you.
The above information and service is provided by Urbantech Property Pty Ltd [ABN: 65 127 477 490] trading as Real Investar. Real Investar is the provider of generalised property investment education and advice, not financial advice or credit advice.
Real Investar | Urbantech Group
PS. Why are we promoting property in SEQ? – we explain here