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Lot 1078 - ROOMING -Ormiston- Ormiston
Ormiston, Redland, QLD, 4160$ 1,297,900
Overview
Property ID: LA-10403
- House and Land
- Property Type
- 5
- Bedrooms
- 5
- Bathrooms
- 3
- Cars
- 200
Details
Updated on Jan 30, 2025 at 01:01 pm
| Property Type: | House and Land |
|---|---|
| Price: | $ 1,297,900 |
| Land Price: | $ 700,000 |
| Build Price: | $ 597,900 |
| Gross Per Week: | $ 2,150 |
| Gross Per Annum: | $ 111,800 |
| Gross Yield: | 8.61% |
| Capital Growth 12 Months: | 12.74% |
| Capital Growth 10 Year Annualised: | 7.96% |
| Vacancy Rate: | 0.67% |
| Property Size: | 200 m2 |
| Land Area: | 405 m2 |
|---|---|
| Bedrooms: | 5 |
| Bathrooms: | 5 |
| Parking: | 3 |
| Title Status: | Registered |
| Property ID: | 10403 |
| SKU: | 1001 |
Description
*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us.*
Ormiston is a coastal suburb located in the City of Redland, Queensland, approximately 25 kilometers east of Brisbane's central business district. Known for its leafy streets and unhurried lifestyle, Ormiston offers residents ample open spaces and sporting fields. A notable attraction is the historic Ormiston House, built in the 1860s by Captain Louis Hope, recognized as the father of the Australian commercial sugar industry. The house is surrounded by 14 acres of gardens overlooking Moreton Bay and is considered one of the finest examples of colonial architecture in Queensland.
For shopping needs, residents have access to a local shopping center at 116 Wellington Street, with larger retail options available in nearby Cleveland and Alexandra Hills. The suburb is also home to reputable educational institutions, including Ormiston College, a private school, and Ormiston State School
Ormiston's flat terrain makes it ideal for walking and cycling, and it is regarded as one of the safest suburbs in the Redlands, making it an attractive place for families.
In July 2024, Ormiston College's Centre of Learning and Innovation suffered significant damage due to a suspected arson attack. The incident primarily affected the kitchen and café area, but no injuries were reported. The college implemented alternative arrangements to ensure the continuation of educational activities
Overall, Ormiston combines historical significance with modern amenities, offering a pleasant and secure environment for its residents.
Disclaimer*
Reservation Requirements:
1. Completed EOI (Property Reservation form under Fusion CRM Online Forms)
2. Holding deposit receipt (amount TBA)
3. Copy of client's finance pre-approval letter/comfort letter from the broker
4. Copy of client's ID
All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.
Address
Open on Google Maps
Address
Lot 1078 - ROOMING -Ormiston- Ormiston
City
Redland
State
QLD
Postcode
4160
Suburb
Ormiston
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SQM Research is an investment research house that specialises in providing accurate research and data to financial institutions, investment professionals and investors.
Aus investment Properties has partnered with SQM Research to provide data across our site to assist investors in making an informed decision.
Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.
Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.
Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.
SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.
This property is a single-contract property suitable for an SMSF.
