Please see the following presentation, at the bottom of the presentation you will see a video which will be of me talking you through the presentation incase you do not understand anything.
We have selected this property for you as it is a dual occupancy in a metro market achieving over 6% rental yield. The property was under offer and the deal fell through which the agent has now notified us, I would recommend with this property trying to exchange on the contract site unseen with a DD clause allowing us to do a inspection. The reason I recommend that is because I know this property will not last long on the market. Not all agents will allow us to do that, but we can certainly try. The property is in Bethania which is within the Logan council. You are approximately 30 minutes to Brisbane CBD, 40 minutes to Gold Coast. There is major hospital, major university and major shopping hubs within a few minutes drive, along with private collages, read on for more information
It’s with great pleasure to present
Logan is home to more than 327,000 people from more than 217 different cultures.
Logan is home to many Aboriginal and Torres Strait Islander communities. Traditional Custodians represent the original Aboriginal inhabitants of the area. There are also Elders and people who have come to live and work in the City.
New estates flourish as the city grows. Residents enjoy a range of housing options, from leafy suburbs to bushland acreage.
Logan is located between Brisbane, Ipswich and the Gold Coast which allows residents easy access to the national highway and rail networks.
Logan has more than 1,100 environmental and recreational parks. Many of the parks feature dog off-leash areas, exercise facilities, play equipment and skate ramps.
As vendors begin to realise the markets potential, savvy owners are putting their properties on the market to get in on the action. This is expected to turn in the next 4 to 6 month as values rise.
Value: $512 million
Status:Completed Opened in August 2019
Impact: Jobs: 1,300 Will reduce congestion and will cut 20mins off a trip from Logan’s western suburbs to Brisbane
Value: $2 billion
Will be jointly funded
by the State & Federal
Impact: A 6-lane, 42km transport corridor linking Logan and Nerang, as an alternative to the M1
Value: $750 million
Impact: Jobs: 720 Improve safety and reduce congestion
Value: $96 million
Impact: Improve safety and reduce congestion
Value: $95 million
Status:Proposed Planning is underway
Value: $30 million
Status:Under construction Completion is expected in 2021
Impact: Improvements will be carried out between Browns Plains and Jimboomba
Value: $1.5 billion
Status:Under construction To be developed overs 5 years
Impact: Jobs: 6,000 Includes warehousing, business, logistics and manufacturing space
Value: $160 million
Impact: Plans include a 4-star hotel, cinema, medical centre, 100 apartments and retail outlets
Industrial park near
Impact: Jobs: 1,000
Value: $55 million
Impact: Jobs: 350 during construction; 200 retail
Impact: Jobs: 200 during construction; 100 retail
Impact: Will house 19 warehouses
Status:Under construction Completion expected by 2023
Impact: Jobs: 400 during construction; 13 operational
Impact: Jobs: 200 during construction
Impact: Jobs: 100
Value: $4 billion
dwellings for 45,000, 11
Status: Under construction
Impact: Jobs: 15,000 during construction
Impact: 50,000 dwellings for 120,000 people are planned
Status: Under construction; A school for 1,000 students is expected to be completed in 2020
Impact: Includes 3,300 homes, a primary school, retail and health facilities
Part of the Greater
Impact: 440 homes are planned
Part of the Greater
Impact: 1,500 lots initially; will eventually be home to 4,000 people
Status:Under construction Completion expected around 2025
Impact: Jobs: 850 Facility will grow from 200 to 1,000 residents
Impact: 650 homes are planned
Impact: 600 lots are planned
offers over $549,000
Flood zones are caused by obvious causes. In areas where the terrain is fairly flat and river banks overflow, properties which fall within these catchments warrant higher insurance costs.
A caveat is a ruling or law attached to the property, usually with a contract attached to it. If this is the case, the caveat needs to be understood as to what it is, who it benefits and when or if it expires.
In communications with the listing agent, he/she has confirmed the condition of the property is as the listing shows. This will be verified by our team in the steps moving forward.
There are 3 types of listing stages:
None of these types of listing types define the quality of the property.
The build year should be considered when purchasing properties of different structure types. The price of the property can be reflective of the build year vs the structure type. Some structure types age better than others. At a certain price point, it is worth remembering that land is the appreciating asset, while the dwelling is the depresiationg asset and can be reflective in the age of the property.
Tenure renewals dates need to be considered in rising markets. If the market is rising, your ability to increase rental rates will on be possible at the time the tenants lease period has come to an end.