Please see the following the presentation, we have selected this property for you as it is a off market, corner block, 1200m2+ in Marsden, so Marsden is approximately 30 minutes from Brisbane CBD and 40 minutes from Gold Coast CBD.
I have done some due diligence for you and you can subdivide this block into 2,or you can build 3 townhouses STCA. The house is currently rented for $420 per week, it is not in amazing condition but definitely good enough condition for something which you might knockdown within 5-10 years.
The are wanting around $490 000 but we could potentially get it for less.
It’s with great pleasure to present
In the 2016 Census, there were 14,071 people in Marsden (State Suburbs). Of these 49.0% were male and 51.0% were female. Aboriginal and/or Torres Strait Islander people made up 3.7% of the population.
Marsden is also home to Scrubby Creek, which passes along the northern extent of the suburb. Along the creek, from near Third Avenue, through to Marsden Park Shopping Centre area is a series of parks, bike paths and walkways.
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
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.