Lot 15 Leaf Residence, Kingston QLD
City of Logan, QLD, 4114$ 1,014,918
Overview
Property ID: LA-7952
- House and Land
- Property Type
- 3+2
- Bedrooms
- 2+1
- Bathrooms
- 1+1
- Cars
- 196
Details
Updated on Oct 28, 2024 at 10:30 am
Property Type: | House and Land |
---|---|
Price: | $ 1,014,918 |
Land Price: | $ 545,000 |
Build Price: | $ 469,918 |
Gross Per Week: | $ 1,127 |
Gross Per Annum: | $ 58,604 |
Gross Yield: | 5.77% |
Capital Growth 12 Months: | 29.17% |
Capital Growth 10 Year Annualised: | 9.00% |
Vacancy Rate: | 0.44% |
Property Size: | 196 m2 |
Land Area: | 500 m2 |
---|---|
Bedrooms: | 3+2 |
Bathrooms: | 2+1 |
Parking: | 1+1 |
Title Status: | November 2024 |
Property ID: | 7952 |
SKU: | 1012 |
Description
This dual-living property is located in Kingston, QLD, offering a high-yield investment opportunity. It includes a main residence with three bedrooms and two bathrooms, along with an auxiliary unit featuring two bedrooms and one bathroom. Designed with a modern cubist façade and “Slate Light” color scheme, this home is part of the Leaf Residence Estate, known for its quality construction and thoughtful inclusions.
Suburb profile:
Kingston, located in the Logan region of Queensland, is a well-established suburb known for its family-friendly community, access to schools, shopping centers, and proximity to Brisbane's CBD. The area offers strong rental demand, driven by its affordable housing and growing amenities.
Site Inclusions - Site Works, Foundations & Connections:
- 400mm site scrape and balanced cut and fill excavation
- Termite-treated timber frame with slab penetration and perimeter treatment
- Sewer, stormwater, electrical, and water connections to pre-existing serviceable points
- Construction meets N2 wind rating requirements
- Driveway cut, excavation, and gutter cut included
Preliminary Inclusions:
- HIA fixed-price contract
- Twelve-month maintenance warranty
- Certification and council building application fees
- Soil test and contour survey
Internal Inclusions:
- 2400mm ceiling height with a three-coat paint system
- Vinyl plank flooring in main living areas, carpet in bedrooms
- Stone benchtops in the kitchen, stainless steel kitchen appliances
- Built-in wardrobes with shelves and hanging rails in bedrooms
External Inclusions:
- Colorbond roof, fascia, and gutters with painted downpipes
- Feature painted render and tiled columns on façade
- Exposed aggregate portico
Landscaping Inclusions:
- Exposed aggregate driveway
- Turf in the front and rear yard with gravel on sides
- Garden with up to 12 plants and mulch, letterbox, and clothesline included
Electrical Inclusions:
- Earth leakage safety switch, ceiling fans, and smoke detectors
- Split system air conditioners for main living areas and master bedroom
- LED ceiling lights, exhaust fans, and TV/data points throughout
Appliance Inclusions:
- 600mm electric oven, cooktop, rangehood, and dishwasher
- Electric hot water storage system
Energy Efficiency:
- 7-star energy rating
Warranties:
- 6.5-year structural warranty
- 25-year termite-resistant guarantee on timber frame
- 12-month installation warranty on electrical fittings
- Up to 30-year warranty on Colorbond roofing
- 5-year warranty on air conditioning, cooking appliances, and garage door
This high-quality, dual-package investment property in Kingston offers a blend of spacious design, modern inclusions, and a strong rental yield potential. Positioned in a growth area, it is an ideal choice for investors looking to capitalize on the Logan region’s robust rental market.
Investors looking to optimise land use and amplify their investment portfolio will find great value in Dual Occupancy Properties.
These properties cleverly accommodate two independent dwellings on a single parcel of land, effectively doubling the potential for rental income.
The design caters to a broad market, including extended families and tenants seeking spacious living options, thereby increasing the property's rental appeal.
The strategic configuration of these properties allows investors to capitalise on the growing demand for versatile housing solutions in both urban and suburban settings.
Disclaimer*
All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.
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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.