463 Park Ridge Rd Park Ridge QLD 4125
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This small masterplanned subdivision comprises of just 106 homesites and also a childcare centre, which is a great addition to any suburban location as its a great “pull” factor for future families and renters to live in this spot.
One great thing about the estate is the fact that nearly half the site is dedicated to parkland. Ultimately, this makes for a very tranquil family friendly environment and helps the estate maintain a strong point of difference in the future over others.
Stage 1, 2 and 5 are all registered and construction of houses underway.
Stage 3, and 4 due to register by the end of month ie March 30.
Civils are complete on all stages
Price Range: $654,900 to $800,400
Year 1 After Tax Cash Flow: -$792 (4.5% gross | 3.5% net returns)
Average $/sqm: $722 (Land only)
Build Size Range: 175-200sqm
Total Purchasing Costs: From approx. $87,000 (10% deposit, Stamp Duty, legal fees, loan fees, LMI)
Disclaimer: The contents of this document have been prepared for general information only and are not to be relied upon. All of the information including artists impressions, computer generated images and photography do not in any way constitute any form or offer of contract; it is provided as a guide only and in good faith and with due care. The vendor/developer reserves the right, at its sole discretion, to vary any details, or to amend any terms and conditions without notice.