Lot 2 New Road, Boonah QLD
Scenic Rim Region, QLD, 4310$ 779,990
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
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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.