Outlook Rise Estate
This house and land package is based on –
Land – $224,000
Land Size – 401.00sqm
House Build – $265,990
House Size – 207.58sqm
Total package price of $489,990
Estimated Rent $380-$430 per week
Available to purchase as a brand new home (eligible for first home grants) or as an investment.
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 210sqm house) – $12,500. Cost is based on first year of ownership.
Source – Prowealth Property Investment Calculator.
Subject to credit approval.
Other lots and designs are also available and prices vary.
Pictures are indicative only and may not represent the actual floor-plan or finished design.
Let us personalise this cost to hold for you, simply get in touch.
Situated in Logan City, one of the fastest growing regions in Australia, Outlook Rise lies only 30 minutes south of Brisbane’s CBD and within a stone’s throw of the Pacific and Logan Motorways.
For local shopping and dining, Outlook Rise residents need only take a short drive to find Park Ridge Town Centre, the Logan Hyperdome and Westfield Garden City. For schools and early learning centres, look no further than Park Ridge State School and High School, St Philomena School, Park Ridge Child Care & Pre-School or Aussie Adventures Educational Centre. And for public transport, the Brisbane and Gold Coast train lines are only a hop, skip and a jump away.
Offering all the city convenience but without the city living, Outlook Rise at Park Ridge is where smart investors are looking to buy next.
Projects Under Construction include:
New Generation Rollingstock Project
Jeta Gardens Retirement and Aged Care Resort
Logan Enhancement Project
Logan Water Infrastructure Alliance Program
Sigma Pharmaceuticals Distribution Centre
Loganlea to Jimboomba Network Upgrade
Waterford–Tamborine Road Intersection Upgrade
Logan Hyperdome Redevelopment Project
Multiple Housing Estate Development Projects Coming Soon
Approved Projects Coming Soon
Better Neighbourhoods Logan Project
The Lakes Resort Project
Pacific Motorway (M1) Upgrade
Oxley Creek Transformation Project
Mount Lindesay Highway Widening Project
Multiple Housing Estate Development Projects