Halcyon Estate Bracken Ridge
• Contemporary style home
• Full turn-key
• Air-conditioning to master & living • 600mm x 600mm floor tiles
• Stone benchtops throughout
• Pendant lighting
• USB PowerPoints
• 900mm gas appliances • 1200mm front door
This house and land package is based on –
Land – $360,000
Land size – 410sqm
House Build – $299,800
Total package price of $659,800
Estimated Rent $550-600 per week
Other lots and designs are also available and prices vary.
The ‘invest from’ cost per week is based on –
Separate (split) contracts for house and land), combined income of $100,000 and $45,000 with ownership split 99% to the highest income earner, midpoint of rent estimate, 2 weeks vacancy rate, $12,000 of interest costs during construction, total amount borrowed includes purchase costs, nil cash deposit, 4.6% interest only rate, council ($1,800), strata ($4,000 on units only), water ($200), building and landlord insurance of $900, and estimated depreciation benefits (2019 built 235sqm house) – $13,700. Cost is based on first year of ownership.
Subject to credit approval.
Source – Prowealth Property Investment Calculator.
Bracken Ridge is a suburb of Brisbane, Queensland and is located about 18 kilometres north of the Brisbane CBD.
It has been a popular spot for people to live with the majority of residents being professional couples and families and is also attractive for investors being in one of the fastest growing regions in Australia.
There are a number of schools and education facilities which include St John Fisher College, Bracken Ridge State School, Norris Road State School and Bracken Ridge State High.
Being so close to the Brisbane CBD Bracken Ridge provides so much at your finger-tips with endless education, transport, parklands, shopping and more.
Bracken Ridge Hot Points
• One of the fastest growing regions in Australia.
• Billions of dollars in projects and infrastructure.
• Access to Public Transport (Bus and Train)
• Wide range of Schools
• University of Queensland
• TAFE Queensland Bracken Ridge
• Hospitals (Prince Charles Hospital Chermside and North West Private Hosptial)
• Parkland and recreational facilities
• Major Shopping centres (Westfield North Lakes and Westfield Chermside)
• So much more
Looking for an investment property?
Prowealth offers a full range of properties including houses, duplexes, units, apartments and townhouses for the everyday investor.
Heavily researched and carefully hand picked, all properties Prowealth offers are full turn key meaning they come with all the inclusions you need with your investment and is ready for your tenant to just move in. No additional costs, no extra items it’s that simple.
Prowealth has been around for 25 years and will be around for many more. Prowealth’s formula has four key elements to it.
We help you legally minimise your tax, through structures and incentives at both a state and federal level.
We ensure your finance is setup correctly from day one to grow your investments and protect your home.
We get the details right. Research, Location, inclusions, infrastructure, cashflow through to property management.
Our purpose is to improve your financial position through property.
Our process makes it stress free for you to get started or keep going.
Our formula has presented more families the opportunity to be financially free than any other Property Investment company in the country. We can help you too.
If you’re interested in learning more, we’d love to speak to you.
Prowealth. Trusted Property Investment Advice since 1994.
Photos and floorplan are indicative only. Price correct at time of publication.
Prowealth Stock Code – Piv
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