Price Undisclosed
0 Bed • 0 Bath • 0 Car • 756m²
New
Sold
Sold
5 Jones Street, Bundamba QLD 4304
Price Undisclosed
- 0Bed
- 0Bath
- 0 Car
- 756m²
Land Sold on Tue 27 Nov, 2018
What's around Jones Street
Land description
“Large allotment ready for your dream home (dual occupancy potential)”
Build your dream home or kick start your investment portfolio and build up to 3 dwellings. The land is zoned RM03 - Residential Medium Density which means you can apply to build up to 3 dwellings (duplexes/units/townhouses) on this one block of land, Or just build your one big dream home; Either way you can't lose.
In keeping with the surrounding homes, new buildings must be on poles/stumps (only garages can be slab on ground). There are many builders who specialise in pole homes and most designs can be converted. There is no Character of home required so you can build the style of home that suits you (contemporary, queenslander, post war, etc...), or even consider a removal home, the choice is yours.
- 756m2 Block, RM03 - Residential Medium Density
- Fully cleared block ready to build on.
- Brand new fences on 3 sides.
- Suitable for pole/stumped dwellings.
- 37.5 M X 20.1 M approx dimensions.
- 1.2 Klm to Bundamba Train Station
- 2.8 Klm to the Warrego Hwy & The New Costco, soon to be built.
- 2.6 Klm to the Cunningham Hwy.
- 6 Klm to the Ipswich City & Hospital.
- Opposite Bremer Institute of TAFE.
- Only minutes from 1000 new defence jobs**
- Many Primary and Secondary Schools within a short drive.
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PROPOSAL FOR 4 BEDROOM FAMILY STYLE HOME:
Please see attached images on a proposed 4 bedroom plus ensuite home which can be built by local builders for approx $205,000. Please note that the house plans supplied are an example only of what could be built. We encourage buyers to obtain their own final plans, council approvals and builders fixed price. Buyers can make an offer on the land subject to a fixed price by their builder. So you have nothing to lose!
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PROPOSAL FOR A DUAL KEY INVESTMENT STYLE HOME:
Please see attached images on a proposed 3 bedroom home with an additional 1 bedroom unit which can be built by the local builders for approx $245,000. Please note that the house plans supplied are an example only of what could be built. We encourage buyers to obtain their own final plans, council approvals and builders fixed price. Buyers can make an offer on the land subject to a fixed price by their builder and subject to council approval for the dual key (duplex) style dwelling. So you have nothing to lose!
Depending on the price you can negotiate with the owner on the land and the builders final price, you could potentially own a Brand New Duplex 3 bed house + 1 bed unit built for around $430,000 *STCA. This could be rented for a total of $550 per week (house $310 + unit $240). This makes for an excellent and unbeatable 6.6% return, WOW! Plus being a brand new home you would be able to get a high depreciation value.
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Located within a rapidly expanding area of Ipswich, you'll be treated to a prime location that's only minutes from Ipswich CBD and incredibly convenient access to the highway. In keeping with the surrounding homes, new buildings must be on poles/stumps (garages/patio can be slab on ground). We recommend GJ Gardner Homes Ipswich who specialise in pole/stumped homes throughout the local suburbs.
Contact Jason & Jodie Lamborne 0400 286 001 to make your offer known, or if you need any further information.