Lot 2 New Road, Boonah QLD

Scenic Rim Region, QLD, 4310

$ 779,990

Scenic Rim Region, QLD, 4310
Lot 2 New Road, Boonah QLD-0
Lot 2 New Road, Boonah QLD-1

Property Images

Lot 2 New Road, Boonah QLD-0 Lot 2 New Road, Boonah QLD-1

Overview

Property ID: LA-6963

  • House and Land
  • Property Type
  • 3+2
  • Bedrooms
  • 2+1
  • Bathrooms
  • 1+1
  • Cars
  • 170

Details

Updated on Oct 31, 2024 at 06:23 pm

Property Type: House and Land
Price: $ 779,990
Land Price: N/A
Build Price: N/A
Gross Per Week: $ 850
Gross Per Annum: $ 44,200
Gross Yield: 5.67%
Capital Growth 12 Months: 15.93%
Capital Growth 10 Year Annualised: 8.29%
Vacancy Rate: 0.80%
Property Size: 170 m2
Land Area: 662 m2
Bedrooms: 3+2
Bathrooms: 2+1
Parking: 1+1
Title Status: Titled
Property ID: 6963
SKU: 1004

Description

This is a house and land package featuring a primary dwelling with a secondary dwelling. The property is designed to provide additional income with anticipated weekly rent between $750 and $850. The main dwelling consists of three bedrooms, two bathrooms, a living area, and a two-car garage. The secondary dwelling includes one bedroom, one bathroom, and its own living area, offering flexibility for rental or multi-generational living.

Suburb profile:

Boonah is a rural town located within the Scenic Rim Region of South East Queensland, known for its scenic beauty and growing community. The area offers a relaxed lifestyle while being within a reasonable distance to major hubs like Brisbane. It is ideal for those looking for affordable living, investment opportunities, or a quiet countryside environment.


Internal Inclusions:

  • Three air conditioning units
  • Carpet in bedrooms and tiles throughout
  • Ceiling fans and LED down-lights throughout
  • Window furnishing to sliding windows and doors

External Inclusions:

  • Colorbond insulated roof

Landscaping Inclusions:

  • Landscape allowance

Energy Efficiency:

  • Energy efficient - low running costs


This dual-income property in Boonah offers a unique investment opportunity with a secondary dwelling, strong rental potential, and an attractive gross yield of 5.67%. Its energy-efficient design and modern inclusions make it an appealing choice for investors.

The property benefits from exposure to strong capital growth forecasts in South East Queensland and is designed for energy efficiency, maximizing depreciation allowances and return for owners.

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.

The house render is for display purposes only and may not represent the actual property as shown on the floor plan.

Disclaimer*

All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.

Address Lot 2 New Road, Boonah QLD
City Scenic Rim Region
State QLD
Postcode 4310
Suburb N/A

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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.

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