2 Bowen St, Helidon, QLD 4344, Australia
50% Trade Component
AU$200,000 (Cash) | AU$200,000 (Trade)
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.
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.
Development Application approved 24th January 2008 Urban Residential
Sale price of new 4 bedroom houses, $360,000
Land $400,000 less Bartercard $200,000 (50%) = $200,000
+ Construction Cost $960,000 = $1,160,000
$1,800,000 ($299,000 Each)
Expected rent $300 - $320 per week.
Currently 4 bedroom houses renting for $340 per week
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