Bartercard Real Estate

2 Bowen St, Helidon, QLD 4344, Australia

$400,000
50% Trade Component
AU$200,000 (Cash) | AU$200,000 (Trade)

Additional Information


Pinterest

Helidon QLD

The Opportunity:

Townhouse Development

Opportunity to build six: 3 bedroom townhouses.

Each unit includes tile and carpet, single lock up garage, carport and landscaping. The complex design includes secure paling fence and gate.

Location

Helidon is a town in the Lockyer Valley region of Queensland.

The town is located on the Warrego Highway, an hour west of the state capital Brisbane, and 20 minutes east of Toowoomba.

The subject property comprises an approximate 2,023 square meter “Urban Residential” zoned allotment situated on an

elevated position within the township of Helidon; with easy access to shops, schools, and other establishments.

Town Planning

Development Application approved 24th January 2008 Urban Residential

General Information

Sale price of new 4 bedroom houses, $360,000

Project Costs:

Land $400,000 less Bartercard $200,000 (50%) = $200,000

+ Construction Cost $960,000 = $1,160,000

Sale Price

$1,800,000 ($299,000 Each)
 
Profit $640,000

Rental Information

Expected rent $300 - $320 per week.

Currently 4 bedroom houses renting for $340 per week

Additional Information


Property Features

Not applicable

Property Information

Category
Land
Land Size
2023 m2
Under Offer
No

Vendor Details

Phil Allen

Phone : 0432358114
Email : phil@latitudeproperty.com.au

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