QUEENSLAND - BRISBANE
Please Note: Details, including pricing are subject to change without notice. Every reasonable effort has been made to ensure the information in this price list is accurate. Harringtons Realty or the owner accepts no liability or responsibility for any errors or omissions occurring in or from this price list.
PLEASE NOTE THAT SOME OF THESE PROPERTIES MAY INCUR A 2.5% + GST BUYERS AGENT COMMISSION UPON SETTLEMENT. IN THAT CASE WE WILL ASK YOU TO SIGN A BUYERS AGENCY AGREEMENT PRIOR TO RELEASING THE SITE DETAILS.
BALMORAL
BLUE CHIP RARE SPLITTER
Rare access to splitter block in Balmoral. If you want this one you will have to pay the right price.
REF: 13264
BRISBANE CBD
1 BED, 1 BATH, 1 STUDY, 0 CAR
FULLY FURNISHED APARTMENT
REF: 13333
BULIMBA
RARE OPPORTUNITY
SPLITTER BLOCKS IN BULIMBA
May be able to remove house
Serious buyers only. Offer of $1.5m has already been turned down. May be able to source another adjacent site. This will of course change the purchase price if sold together.
REF: 13847
BURPENGARY
3 SITES
FEASO SHOWING 40% + POC
$3.2M+
REF: 13478
CARINA HEIGHTS
POSSIBLE SPLIT INTO 5 LOTS
2200 SQM
Details coming soon
REF: 13689
CARINDALE
FAMILY HOME ON 600+SQM
Private Home on 602m2 in Lifestyle Location
Set in a beautiful street in Carindale on an expansive 602m2, this two-storey home is destined to impress with its spacious interiors and low maintenance design.
Featuring sleek floor tiles, air-conditioning and sliding door access to the study/office, the home’s lounge room is privately positioned away from the busy hub of the main living space.
Open in design and ideal for more relaxed, family living, the rear family room adjoins the dining area and kitchen and extends out to the patio via sliding glass doors.
Overlooking the lush backyard with plenty of room for children and pets to play, this entertainer’s patio is completely covered and the perfect place to hosts guests for weekend BBQ’s.
Well-appointed and featuring a suite of stainless steel appliances, the kitchen features granite benchtops, insinkerator, 5 burner gas cooktop, ample cabinetry and a walk-in pantry.
On the upper level, a palatial master suite will be a true delight to parents. Spacious and air-conditioned, this lavish bedroom also boasts a private parents retreat, balcony with treetop views, walk-in robe and en-suite.
A further three bedrooms are all well sized and feature carpeted floors, ceiling fans and mirrored built-in robes. Servicing these bedrooms is the main bathroom with bathtub, shower, vanity and separate toilet.
Additional features:
• Office/study
• Lower level bathroom with shower, vanity and toilet
• Additional powder room
• Separate laundry
• Double lock-up garage
• Garden shed
• Water tank
• Linen cupboard
Conveniently located within walking distance to local parks, bus stops, Belmont State School and Westfield Carindale, this family home is also nearby to Pacific Golf Club and the Gateway Motorway.
Don’t let this opportunity pass you by – enquire today!
$950k +
REF: 13585
GREENSLOPES
5 STOREY SITE
DA is currently in place.
Floor plate can be changed to various options depending on the product you are after.
Close to Greenslopes Hospital which would make it ideal for a mix of residential and SDA apartments.
Endless Possible Options
1/ 2x 210m2 internal four bed per floor plate
2/ 3x 175m2 internal three bed per floor plate.
3/ 4x 110m2 internal two bed per floor plate. (maybe make a small three)
4/ 5x 75m2 internal two bed per floor plate.
5/ Reconfigured 20 townhouses with new DA
Note the seller also owns 2 further blocks if interest which illustrated as stage 2 in DA.
Price Guide $4.95m+ depending on terms.
Ref: 13546
HAWTHORNE
VERSATILE FAMILY HOME IN A SUPERB LOCATION
3 bedroom home (2 bedrooms + study or single bedroom) located in a well sought after street and so close to the Hawthorne shopping precinct that you will not have to drive anywhere!
440sqm
This property HAS AN EXTENSION ON THE REAR which is very much like a new house.
Features:
* 6 bedrooms internally (one smaller)
* 2 kitchens
* 2 bathrooms
* front facing gorgeous deck
* rear facing covered deck with skillion roof
* rear garden
* rear facing lounge room which flows onto the deck
* dining area
* dining room
* open plan living area
* internal laundry
* glass doors from the lounge to deck
* gate on the rear deck which can be removed if required
* traditional Queenslander fretwork
* polished floors throughout
* near new kitchen (huge pantry), stainless steel appliances incl dishwasher
* BIR
* air-conditioning
* ceiling fans
* VJ walls
Close to Schools, Close to Shops, Close to Transport
Nearby schools in and around Hawthorne, QLD
Primary (11)Secondary (6)
REF: 13545
LOGANHOLME
2200SQM +
Information Memorandum available
POC 21.90%
LOGAN RESERVE
$5,450,000.00 (for the 3 Properties)
Development Opportunity, 4.45ha. (11.85ac.) Logan Reserve
This is an outstanding development opportunity in the growth area between Brisbane and the Gold Coast.
Development across the street from these 3 properties:
Neighbouring properties are currently under construction for a residential housing Estate.
Plus with another successful Housing Estate close by selling fast makes this parcel of land a very attractive opportunity for developers.
These properties are zoned “Emerging Community” and have a 374.8 meter frontage to the Logan River Parkland / Reserve.
Logan Reserve is currently undergoing numerous residential developments and is showing a 5.1% growth for 2018 and a 5.4% growth for 2019*.
This parcel of land consists of 3 individual properties comprising of 4.45ha. (11.85ac.)
Development Opportunity Location:
Logan Reserve State School: about 1.3km*
Saint Philomena School: about 4.7km*
Marsden State High School: about 5.3km*
Marsden High School: about 5.3km*
Marsden Park Shopping Centre: about 5.7km.*
Waterford Plaza: about 5.7km*
Tygum Park: about 6.4km*
Marsden State School: about 6.6km*
St Francis College, Crestmead: about 7km*
Loganlea Train Station: about 7.8km*
Logan Hospital: about 8.4km.*
TAFE Queensland Brisbane, Loganlea: about 8.9km.*
Kingston College: about 8.9km*
Griffith University: about 10km.*
Hyperdome Shopping Centre: about 14.2km*
Brisbane CBD about: 35km*
Victoria Point ForeshorePark about: 39km.*
Brisbane Airport about: 44km*
Gold Coast: 62km*
Please note: (*Information supplied by Google Maps)
* Information collected from Pricefinder.
Details, including pricing are subject to change without notice.Every reasonable effort has been made to ensure the information in this brochure is accurate. Lion Realty or the owner accepts no liability or responsibility for any errors or omissions occurring in or from this information.
*Distance information supplied by Google Maps
Please Note: Details, including pricing are subject to change without notice. Every reasonable effort has been made to ensure the information in this price list is accurate. Harringtons Realty or the owner accepts no liability or responsibility for any errors or omissions occurring in or from this price list.
REF: 13596
MOUNT GRAVATT EAST
TOWNHOUSE
3 BED, 2+ BATH, 1 CAR
* 3 BEDROOMS
* 2 STORIES
* 2 BATHROOMS + POWDER ROOM
* 1 CAR (SECURE LOCK UP GARAGE)
* OPEN PLAN KITCHEN WITH STONE BENCH TOPS
* STAINLESS STEEL APPLIANCES
*AIR-CONDITIONED
* LOUNGE OFF KITCHEN (OPEN PLAN)
*TILED FLOORS
* SECURITY SCREENS
* PROFESSIONAL WINDOW DRESSINGS
* COVERED OUTDOOR ENTERTAINING
* CEILING FANS
* CARPETED BEDROOMS
* AIRCONDITIONED MAIN BEDROOM WITH EN-SUITE (DOUBLE VANITY)
* FAMILY BATHROOM WITH SEPARATE BATH
* STUDY AREA ON LANDING
* TERRIFIC UPSTAIRS COVERED BALCONY
* FULLY FENCED REAR GARDENS
* STORAGE SPACE
*BIRS
Contact us for an appointment today.
$600K+
REDLAND BAY
3 BED, 1 BATH, 1 CAR
800MSQ APPROX
Redland Bay is one of the last, perfectly positioned and intended, 800m2 blocks of land, in central Redland Bay.
The time has finally arrived - The perfect property is right here - And the timing could not be better for you to put your plans into action! This is the address, the location, the suburb, and street, where your plans for a home owner development project, luxurious & brand-new family home/development, investment opportunity and/or subdivision project can come to life.
With 800m2, a great block design and shape, subdividing with council approval, should be clean and simple.
- A perfectly flat, subdivision opportunity/subject to council approval, and ideally located property in walking distance to the Redland Bay Golf Club, Waterfront, City Centre and a stone's throw from public transport, waterfront walking paths and the Heritage listed Redland Bay Hotel.
HOUSE ON SITE: There is an existing, well maintained, older style,brick home onsite. A very cute, practical, neat brick home. This is an original low set home, fully fenced and located at the very front of the block. The position of the house is ideal, as it seamlessly offers a huge back yard! The tenant has just signed a new 12 month lease, so you can take your time with your plans.
With easy access in and out for renovation or demolition and all new development projects, the position of the residence itself is not unfavourable, not at all. The home itself consists of, 3 great sized bedrooms, 1 bathroom, 1 lock up garage and PLENTY of off-street parking for most vehicles.
The property is in good condition and over the last couple of years, the property owner has updated items as needed, such as updating the floors, refreshing the paint, upgrading blinds, and ensuring that general plumbing/electrical has always been maintained. Low maintenance lawns/gardens offer a modest/blank canvas, with no protected trees/wildlife or habitat corridors or protection orders in place. We always suggest to confer with local council, before proceeding with all developments.
As a low set, brick home it also makes for a simple demolition, renovation, or restoration / extension to the rear, if you love a cute cottage and wish to add a studio, granny flat or second, blended family, dwelling at the rear of the home!
The options are only limited by your imagination and personal household dynamic and strategy for the future in Redland Bay.
It will suit anyone who wishes to remove the existing property and develop the site, build new a new houses/build new townhouses/villas and retain for investment or sell during this historical and unprecedented property market in Redland Bay.
This manageable, affordable, and straight forward residence and large block of 800m2 is YOUR next or YOUR first project.
Do not delay as properties like this will not exist for much longer, and certainly not at this price.
PRICE IS NEGOTIABLE
OWNER WILL NOT BE ACCEPTING LONG DUE D ILIGENCE CLAUSES
CLEAN CONTRACT NEEDED TO SECURE THIS SITE
REDLAND BAY SOUTH
QUEENSLANDER WITH RENOVATION POTENTIAL
One of Redland Bay's original family homes is available to purchase . This classic Queenslander has all of the traditional features (fretwork, high ceilings, VJ walls, sleep out etc).
This home consists of 3 good size bedrooms + 1 sleepout & study or additional bedroom. There is a large newly carpeted lounge room, a near new kitchen off the large dining room with polished timber floors.
The home features gas hot water and cooking, as well as air-conditioning.
This property is currently tenanted and has an income of $26K per annum.
Renovations to this property would make it a terrific investment.
Lift or dig in underneath. There is a real potential to make this a terrific large family home (as underneath is the entire footprint of the upstairs) .
Alternatively build a 2 bedroom apartment underneath - we have investigated renting this apartment to the NDIS and rental return would be approximately $115K per annum.
There are water glimpses from the eastern side deck. This view would be improved by raising the house. Local new builds have even gone to 3 stories.
Make no mistake, there is nothing else like this in Redland Bay at the moment.
Take advantage of this position!
* boat jetty at the bottom of the street
* opposite shops, cafe, medical, gym, child care centre etc
* bus stop very close by
* dog park
* walking tracks
* skate park
* new Woolworths being built in central Redland Bay
* kayak access to the bay
* fishing half way down the street
Seller is looking in the range of $595K+
REF: 13644
WATERFORD WEST
28 townhouse site
$1.15M+.Option 1 Sell the staged DA approved project as is. (28 townhouses)
Option 2 Joint Venture with a suitable 50/50 partner.
REF: 13645
WYNNUM WEST
NDIS Specialist Disability Accommodation (SDA)
* 3 dwellings on 1 title
* 2 Apartments and 1 Villa (subject to confirmation)
*Building work has already begun
*Good position
*High demand location
*200m to bus stop
*500m to local parks
*2km to major retail and commercial precincts
*3km to waterfront, Wynnum jetty and esplanade
*Purpose-built to meet High Physical Support (x2) and Improved Liveability level of support (x1)
*The lift built into the property will provide improved access to participants throughout the property.
*Once completed the project will deliver permanent homes for people with disability, an opportunity they have never been afforded, and also provides a stable investment property that owners will be proud of, a rare commodity.
*An opportunity presents itself as a Long-term hold, tenanted to eligible NDIS SDA tenants.
*The design standards including the lift are also compatible for clients looking to downsize with mobility requirements.
*The site location and proximity to local infrastructure and retail and commercial precincts and amenities provide stability for the medium-long term.
*The high-level finish and street appeal complement the suburban setting and could be on-sold if required as an alternate exit strategy
9% + return - although you will need to do your own calculations.
$2M+
REF: 13688
* GREENSLOPES
Splitter block, 810sqm
Proposed Strategy: • 3 townhouse development. • Keep existing house. Estimated net profit: $650,000 (depending on spec) (POC 24.5%)
6 month Call Option Agreement.
Due Diligence: 60 days.
Timeframe on contract: 30 days Provided Documentation with Purchase: ▪ Option Agreement and Contract prepared by LawLab. ▪ Owner to sign any documents required to start the DA process. ▪ Payment advice and invoice for Sellers solicitor fees and the commitment fee. Additional Information: A $34,000 non-refundable deposit is due on Due Diligence satisfaction which is to be taken off the $1,250,000 purchase price. Nothing further to pay until settlement. Buyer to reimburse the Option Holder for the Sellers solicitor fees of $800 and the commitment fee of $1,000. Fee to acquire the Call Option Agreement $45,000
IM available
2.5% to be charged as we are acting as a Buyer's Agent in this regard.
* REDLAND CITY COUNCIL AUCTIONS
Sale of Land for Unpaid Rates and Charges
Click the link to find out which properties will be auctioned and when. Good luck!
If you need assistance with the Auction process please contact Tracie 0405 540 646.
WOODRIDGE
4 TOWNHOUSES (GIVES YOU CONTROL OF THE BODY CORP)
Small complex of only 6 townhouses.
1 x Owner Occupier
5 x Rental Properties
3 beds, 2 bath, 2 car
Rents $350 pw
Body Corp fee of $27pw
Looking for offers over $300k each
3 mins to train station
Close to shopping precinct
Property management free for first 3 months.
Approx. rental yield of 6.24%
Ref: 13850
PARKWOOD
Specialist Disability Accommodation Site
DA for 5 x 1 Premium Bedroom Robust Villas with OOA
9.54% Yield
Gross income $300,000 approx.
Shovel ready project with DA Approved site already in place.
Perfectly located for Robust tenants in nature retreat & wilderness
Parkwood community Centre within 1.2km
Local supermarket and café precinct within 2km (Arundel & Smith Collective)
Gold Coast Hospital within 3km
Countless green spaces and parks in close proximity to sit
Project delivery time frame 12-15months • Flexible Builder options (one appointed or appoint independently) • Project will deliver 5 x 1 Bedroom NDIS SDA Fully Compliant Robust Villas • SDA Provider appointed and engaged to maximise tenant occupancy at completion • Strong tenant demand for Robust dwellings in Gold Coast area • Estimated building cost $1.2-1.4 Million (turnkey) • Site plan and development takes advantage of mature native trees and surrounding nature.
Parkwood is a Gold Coast suburb boasting acreage properties surrounded by nature & rolling hills.
• The suburb is well located to access the M1 Motorway to Brisbane and northern NSW with close links to the Gold Coast city.
• The suburb appeals to families wanting more space and students looking to access the local Griffith and BOND University campuses.
• The Arundel shopping Centre is located within 2km and provides access to all modern conveniences.
• The Gold Coast Hospital and Smith Collective community provides great access to medical services and additional local conveniences including shops, supermarkets, café’s, and restaurants.
• The public transport network includes buses, and the Gold Coast Light Rail (from G/Coast Hospital) which extends across the Gold Coast metro area.
• With abundant reserves and green spaces as well as local golf courses, country clubs and community centres this property is well placed to support NDIS SDA tenants for the long term.
Development Approval granted 27th May 2021
• Design includes 5 x 1 Bedroom villas
• NDIS SDA Compliant construction to ROBUST level
• 5 independent living spaces with 24/7 onsite overnight care (OOA)
• Individual properties promote independence for NDIS SDA participants
• Surrounded by nature and mature native trees to assist behaviour de-escalations
• Community BBQ facilities and common areas for NDIS participants to share
• Surplus parking facilities for carers, participants and visitors
The NDIS has forecast the following as at January 2023 that there will be between 605 and 911 NDIS participants by January 2023 living in this suburb. The NDIS has forecast an annual investment of up to $55 Million per annum for postcode 4214 to facilitate care, accommodation, and other support needs.
There are currently 9,480 NDIS participants in the Gold Coast region (Robina cluster). There are 136 approved NDIS SDA Participants in the Gold Coast Region (Robina Cluster). NDIS is currently committing $27.8M per annum to SDA plans (June 2021). Gold Coast currently has a shortfall of approximately 65 new NDIS SDA Dwellings (June 2021).
The postcode of 4214 represents 4 suburbs including Parkwood, Arundel, Ashmore and Molendinar.
The Gold Coast region only has 3 Robust category dwellings completed and only 1 under construction (June 2021).
IM available
Guidance and consultation advice also provided.
Ref: 13853
TARINGA
3 bed, 1 bath, 1 car
519 sqm
Renovator
Rented out for $410pw
Calling all investors, renovators and first home buyers - this one is for you! A low-set home on a corner block of 519sqm, which is brimming with potential and only 5 kilometres to the CBD
This home is perfect for buyer with an eye for renovating. With a bit of TLC, this home in a vibrant location can be transformed to something spectacular.
Features:
High ceilings affording great space
Charming entrance
Three oversized bedrooms
Gas cooking
Low maintenance yard
Formal dining room
Single lock up garage that would make a perfect studio for those who may want to work from home or an AirBNB/Granny Flat option?
Fully fenced front and rear gardens
Located within minutes from the M1 Motorway for access to Brisbane CBD or the Gold Coast, Taringa Train Station, popular Schools, Westside Private Hospital. Surrounded by public transport - bus and train, nearby parks, the buyer will be able to enjoy a uniquely peaceful urban lifestyle.
$1m+
Ref 13854
TOOWOOMBA
4 X 3 BED HIGH PHYSICAL NEEDS VILLAS
Currently owner occupied, this 1500+ sqm corner block is your new project.
Located close to the new Woolworths supermarket, cafes, petrol station and public transport.
The DA is expected at the beginning of November, 2021.
The seller prefers to sell the land with the DA as they want to move onto another project.
Plans are available - they were developed in conjunction with an NDIS SDA specialist consultant.
Land component with DA
$150,000
$150,000
$150,000
$175,000
Seller is open to discussing various terms.
Ref: 13855
HOLLAND PARK WEST
405sqm
5bed, 2bath, 3 car
DUAL LIVING POTENTIAL IN HOLLAND PARK HAVEN
This exceptionally well-maintained freestanding property represents a unique opportunity to secure a versatile residence in a convenient Holland Park West setting. Currently configured as two self-contained levels, it is presented in great condition and offers good potential for extended families or plenty of separation.
- Smartly presented throughout with fresh interiors and polished floors
- Large entertainment deck, patio and deep rear garden with lawn and shed
- Good quality kitchen, full bathroom and a downstairs laundry
- Three upstairs bedrooms with built-ins plus two lower level rooms
- Air conditioning, ceiling fans and parking for up to three cars
- Walking distance to Holland Park West busway, 10-15 minutes to city
Currently tenanted until January 2022 @ $550pw
$950,000
Ref: 13856
HIGHVALE, SAMFORD VALLEY
Item Subtitle
LOCATION
Comprises 440.2 ha, that includes 148 ha (35%) of developable land, with access and egress easements connecting to Harland, Cedar Creek and Mt Glorious Roads. It is situated in Moreton Bay Region. The crown of the Estate has slopes predominantly less than 20%, with panoramic views of Samford Valley, Brisbane CBD-Airports and Moreton Bay. The south-eastern boundary is about 5 minutes’ drive from Samford Village and 15 minutes’ drive from the Brisbane NW Rail Link that terminates at Fernygrove. The Site Location is depicted upon Cadastral Figure 1 below. Site expansion is available on adjoining land locked Lots.
VALUATION
For mortgagee finance purposes, Lot 3 was valued at $8.58M by John Watt in 2002, at $12M by PRP Valuers in 2003, and at $6M AS IS and $11M with DA / MCU by Savills for Suncorp in the GFC in 2009, for a proposed development of 170-207 super lots, with an average size of 4,000 m2 and BLEs of 1000m2-4,000m2. Based upon that yield, presently, the gross realization of the sub-divisible land lots would exceed $200M. Lot 3 is available for offers above $18M. That price is supported by Core Logic Reports and other comparable sales data.
ZONING
The land is presently zoned rural, subject to incorporation of the Site in the Urban Footprint. The proposed urban development was agreed to in principle by Council in 2004, but it was mothballed in 2012-2013, after the developer suffered critical medical setbacks. In 2022 the SEQ Infrastructure Plan will be reviewed to reflect an upgraded and expanded SEQ Regional Plan. The Site lies near the western perimeter of the Urban Footprint.
URBAN DEVELOPMENT
Subject to procuration of a MCU, divers combinations of super lots can be reconfigured to develop staged subdivisions and constructions of town house, duplex and/or aged care units, each one on an optimal average BLE closer to 400 m2. That would represent a maximum potential yield potentially more than 3000 sub-lots and dwelling units. Regardless, any economic feasibility would show delivery of outstanding financial results upon the creation of 1500 units. That excludes any beneficial acquisition and consolidation and reconfiguration of any adjoining Lot/s, such as Lot 4, in the Project Development Site.
COMMUNITY TITLES
Multiple kinds of community title systems are permissible by Council. These can be used effectively to retain ultimate ownership, reduce infrastructure contributions or levies and to create qualified ownership interests. In Byron Bay Shire for example and many other LGAs, such title systems are being deployed and marketed successfully for sales of affordable housing sites in the range of $300,000 - $400,000 per land interest, often for a fixed life term of about 40 years. Additionally, each lot purchaser can contract simultaneously to buy an approved dwelling from the developer or builder according to listed dwelling construction prices, and that would be controlled and determinable by the investor or developer after due consultation with each approved builder.
EXPERTS REPORTS
In 2004 Council approved the Site Development in principle; however, in 2012, issuance of the Development Permit was stymied by impermissible changes that were made in Revised Development Proposals by the new Developer. By 2012, Council had received an expert report on all Town Planning Matters. These can be upgraded relevantly, reasonably, and lawfully to support any future Development Proposal based upon Figure 1 below:
MINISTER UNLOCKS DEVELOPMENT SITES
On Saturday, 31 July 2021, The Urban Developer published an article written by Renee McKeown stating that the Queensland Government, through the Minister for State Development, Steven Miles, had unlocked nearly 50,000 lots between the Gold Coast and Sunshine Coast. That was done as part of the State’s Covid economic recovery plan and as population growth is stimulated substantially by interstate migration and the award of the 2032 Olympic Games to Brisbane. Home site values are predicted to more than double in market value before the Games. The Minister has a Growth Areas Advisory Team to identify, select and promote pilot sites. That remit can be expanded by the Minister or Cabinet through negotiation.
WOOLLOONGABBA
HOTEL
MANAGEMENT RIGHTS + APARTMENTS (BUY TOGETHER OR SEPARATELY)
They say location is everything!
This property is located close to hospitals and major road networks. Many hospital patients travel on the Patient Travel Subsidy Scheme (PTSS) where their accommodation is subsidized by the Qld Government.
Often $120/day of a patient’s accommodation costs are guaranteed by the Government and procedures are in place for quick payment.
With this subsidy, country patients generally elect to enjoy the luxuries offered by the hotel over the nearby boarding houses. PTSS guests only pay the difference to the hotel.
A specialist medical centre is being built next door, with 5 floors of private specialists, many of whose patients will be country people needing nearby accommodation.
The attraction for corporates is based on the cross-roads location, on-site secure parking able to accommodate trucks and buses (for group bookings), a sizeable work desk in all rooms and free unlimited Wi-Fi.
The on-site restaurant is also a drawcard.
This hotel ranks in top 20 Brisbane Specialty Lodgings in TripAdvisor with a rating of “’Excellent’’ and achieved 65.8% occupancy in the 12 months to November 2019, with an ADR of $114.36 nett.
Please note the ADR is nett of agent’s commission/Wi-Fi/welcome beverage – allowable deductions.
RevPAR is where the hotel really shines - $75.22 compared to the industry average of $67.28.
Looking at a pandemic year – 2020 – the Hotel not only kept the doors open but managed to stay above the industry - due to the nearby location of hospitals, road networks, shopping centre and transport.
Facilities:
Pool
Spa
Gym
Wi-Fi
Foxtel
Cable
BBQ area
Other facilities:
The complex comprises studios and one-bedroom apartments most of which can be let as dual keys. There are 38 Studio apartments to buy as well at $115,00 each with a total value of $4,370,000.
There are 6 one-bedroom units at $333,500 each with a total value of $4,001,000.
There is an on-site restaurant and a top floor office suite not included in the Management Rights/Real Estate sale. The restaurant is leased to a Pizza and Pasta restaurant and the fifth floor is owned by a company which houses a finance business.)
Although the owner of the top floor office would be open to selling, if approached.
There is an occupational authority (exclusive use) over numerous storage/linen/maintenance areas plus the foyer/reception/office areas.
There is no clause requiring a manager to reside on-site but there is a night-audit room currently on a penny-rent to a housekeeper who caretakes the building after hours.
With no night on-site management, there are procedures in place with for after-hours phone assistance plus the building is monitored by security who can also assist with lock-outs at the guest’s cost.
A night safe at the front door allows for late arrivals.
Reception hours are Monday – Friday 9.30 am – 5.30 pm, with reduced hours on weekends and public holidays.
Total Price: Manager’s Unit $350,000 + MR $3,440,000 + RE $6,370,500 = $9,811,000.00 Total Price: $9,811,000.00
Year Built: 2012
Total Units In Complex: 68
Number & Type in Letting Pool
Number Type Features
38 1 Bed Studio Fully Furnished
28 1 Bed units Fully Furnished
Manager Unit Description: The manager’s unit is a one-bedroom apartment on level one, above the front doors. It has a living area of 54sqm and a balcony of 12 sqm totalling 66sqm. There are two secure undercover carparks plus a storage room on level one dedicated to the manager. Managers Unit Price: $350,000
Management Rights Price: $3,440,000
NUNDAH
Brisbane
1, 2, AND 3-BEDROOMS
A beautiful new way of living that not only capitalises on its superb location, but also the landscape that surrounds it.
More than just a home, it’s Nundah’s latest work of art!
A unique collection of just one, two, and three-bedroom residences spanning across 7 floors. Each residence has been impeccably designed to suit a modern-day lifestyle!
Light-filled spaces, stunning outlooks, open-plan living, quality appliances, exceptional finishes, and secure car parking adds to the charm and appeal.
The open plan perfection sets the scene for a relaxed and refined living spaces. Quality finishes throughout, including stone benchtops, BOSCH appliances and timber cabinetry.
Slide open your full-length doors and step out onto your generous private alfresco balcony, for amazing district views.
These apartments offer a lifestyle boutique development nestled in a village atmosphere.
Prices vary so please contact us to discuss….. 3 month’s FREE property management services apply.
* WYNNUM WEST
Spacious, Modern Home In The Golf Course Precinct
The perfect family home, offers the ideal blend of lifestyle, size and practicality. Fantastically presented, ideal location and family size is a rare combination.
This beautifully presented character and modern spacious home boasts a welcoming entry that leads you into your new home. Designed with a family in mind, upstairs the home features 3 well-appointed bedrooms, master with en-suite, walk in robe and balcony along with the well appointed main bathroom. Upstairs you will find the spacious kitchen that overlooks the rear deck with those sought after bay breezes and living areas, with a fantastic outlook. The 4th bedroom, laundry, bathroom and rumpus room with a kitchenette are all downstairs for that extra family member or the teenager.
The lower deck offers an additional outdoor entertainment area and easy to maintain garden with the shed nestled into the bushes.
Featuring high ceilings, stunning polished timber floors - this home has it all.
Enjoy the neat and spacious layout this family home has on offer and all within walking distance to the Wynnum Golf Club, Wynnum Central, train, schools, bus route and the Waterfront
Features include:
Upstairs:
- 3 bedrooms
- master with en-suite, walk in robe and balcony
- main bathroom
- dining and living areas
- well appointed spacious kitchen
- front balcony
- rear deck with fantastic bay breezes and outlook
- plenty of storage space
- bay breezes
Downstairs:
- Large bedroom
- kitchenette and rumpus room
- bathroom
- laundry
- rear deck
- double garage with remote
- lots of storage including under the stairs
- easy maintenance yard with shed
- rear sun patio
Separation forces sale!
Contact us today
(Buyers Advocacy fee of 2.5% applies)
REDBANK PLAINS
Pardalote
Land: 690m²
House: 199m²
Registration: Jan-22
Includes:
- 4 Bedrooms
- 2 Bath
- 2 Car
TURN KEY PACKAGE INCLUSION:
• Reverse Cycle Split System to Living
• Ceiling fans to Bedrooms & Alfresco
• Telephone Point
• TV Antenna & TV points
• External Light Points
• Downlights throughout
• Electric HWS
• Floor Coverings as per Specification
• Stone Benchtops & Overhead Cupboards to Kitchen
• Tiled Shower Bases
• Window Furnishings
• Fly Screens and Fly Doors
• Towel Rails and Toilet Roll Holders
• Stainless Steel Appliances
• Dishwasher
• Clothesline & Letterbox
• Rendered Hebel to Front Facade & EasyTec Cladding to Sides and Rear in lieu of Brickwork
• Satined Hume Timber Front Door
• Fencing & Exposed Aggregate Driveway
• Fully Landscaped Front & Rear Yards
Rents $500pw
Package $680,400
3.82% Yield
REDBANK H&L
Item Subtitle
This one is going to come back to the market and is great value buying at 545k.
First in with an unconditional EOI wins!
5kms from Springfield central
Lot 6 W Cedar Reserve West
Off the plan contract
409m² lot - $255,000
175m² home $ 289,900
Total package $544,900
4% rental guarantee Ray White on offer (buyers can choose or not).
Land Registration June 22
Developer and Builder is accepting unconditional offers only:
10% deposit on the land 14 days from contract date
5% deposit on the build 14 days from contract date
Office/Clinical Space for Rent
760 Wynnum Road, Morningside
Professional Office/Clinical room available for rent. Currently available 1 day per week in Morningside.
The office is located within an Optometry Practice.
Ample parking, ramp access and walking distance from the train station.
$90/day. No lock-in contract.
This space is suitable for business professionals, start-ups, Physio, massage therapists, osteo, naturopaths and similar health professionals.
Ref.: 13693
REDANK PLAINS
Willow
Land: 450m²
House: 205m²
Registration: Dec-21
Includes:
3+1 Bedrooms
2+1 Baths
1+1 Car
DESIGN FEATURES:
• Stone benchtops to kitchen cabinetry
• Stainless steel kitchen appliances including dishwasher
• 600mm x 600mm porcelain tiles throughout
• Quality carpet to all bedrooms
• Reverse cycle air-conditioning (as per plans)
• LED downlights to living areas and master bedroom
• Ceiling fan with light to secondary bedrooms
• Driveway, fencing, garden taps, and turf to front and rear
• Clothesline, letterbox, antenna, flyscreens, and blinds
• Diamond grill front door security screen
• Site works, council charges and standard construction costs included*
Rent: $600PW
Package: $629,900
4.95% Yield
LOGAN RESERVE
Amity
Land: 503m²
House: 251m²
Registration: Nov-21
Duplex - One Contract
3+3 Bedrooms
2+2 Baths
1+1 Car
INCLUSIONS:
• 12 months maintenance warranty
• 7 year structural warranty
• Soil testing and contour survey
• Split System Air Conditioner to Living Rooms and Master bedrooms
• Roller Blinds To Windows & Sliding Doors(Excludes Wet Areas, Window Behind Cooktop & Garage If Applicable)
• Security Screens To External Doors
• Floor Tiling & Carpet Throughout
• Mizu Soothe Kitchen Mixer Gooseneck Tap With Pull Out Spray
• Two (2) Pendant Lights Above Kitchen Island Bench
• SmartStone stone benchtops throughout
• 600mm Wide Stainless Steel Electric Cooktop
• 600mm Wide Stainless Steel Oven
• 600mm Wide Stainless Steel Slide Out Rangehood
• Wall hung Vanities with shark nose to bathrooms
• Shark nose to Kitchen cupboards
• Smoke Alarms & Quality Low Energy Lighting
• Fencing, Landscaping, Driveway & Path
• Clothesline, Letterbox & Pre-Selected Designer Colour Scheme
Rent: $800 PW
Package: $840,990
4.95% Yield
GYMPIE
The Outlook
Land: 761m²
House: 263m²
Registration: Mar-22
Duplex
Inlcudes:
3+3 Bedrooms
2+2 Baths
1+1 Car
DESIGN FEATURES:
SUBJECT TO COUNCIL APPROVAL
(Price does not include separation of titles)
• Stone benchtops to kitchen cabinetry
• Stainless steel kitchen appliances
• 600mm x 600mm porcelain tiles throughout
• Quality carpet to all bedrooms
• Reverse cycle air-conditioning (as per plans)
• LED downlights to living areas and master bedroom
• Ceiling fan with light to secondary bedrooms
• Driveway, fencing, garden taps, and turf to front and rear
• Clothesline, letterbox, antennae, flyscreens, and blinds
• Diamond grill front door security screens
• Site works, council duplex charges, and standard construction costs included*
Rent: $700 PW
Package: $699,900
5.20% Yield
Rare Waterfront Dual Key
Queens Road, Kingston
Lot 5 is a whopping 2671m2, with a large frontage that backs onto scrubby creek.
How often do you find waterfront blocks this affordable?
This block is also registered!
There is only a small body corp of $10.15 per week that takes care of the shared driveway and services within it.
Available for:
Land: $303,400
Build: $431,500
Total: $734,900
Includes council infrastructure charges.
Land: 2671m² | $303,400
Build: 235m² | $431,500
Unit A:
3 Bedrooms
2 Baths
2 Car
Rents $360- $400 per week
Unit B:
2 Bedrooms
1 Bath
1 Car
Rents $300- $340 per week
Total Rental Estimate For Both: $660 - $740 per wee
Package:$734,900
Yield: 4.67% - 5.24%
It is almost impossible to find registered land at this time and builders are constantly looking at price increases. Lock in prices today before more rises.
Due to the sharp increases in cost in both land and build prices, valuations by valuers paid by the banks are generally showing lower than expected valuations. This is creating a situation where buyers need to cover any shortfall.
Please only have your finance-ready buyers that can cover valuation shortfalls submit EOI's.
Ref.:
WISHART
17 / 5 Rowe Close
$520k
LOW-SET VILLA BACKING OPEN SPACE
WONDERFUL LOCATION.
A RARE OPPORTUNITY, First in, first serve! Owner is relocating and needs to sell as soon as possible.
No need to do any work but just move in with this charming one level villa with a homely feel.
Wishart Court is a very highly sought after townhouse complex on the southside of Brisbane. With very low body corporate fees, there's a swimming pool plus BBQ area, ample visitor's parking bays and the immediate neighbours are long term residents who are warm and friendly.
The complex is centrally located along a quiet, no through street offering the below advantages:
• Stroll to Civic Fair shopping centre.
• Catchment for Wishart Primary and Mansfield High Schools.
• Short walk to St. Catherine's Primary School and Brisbane Adventist College.
• Minutes' drive to Mansfield Primary School, Citipointe College and Clairvaux MacKillop College.
• Halfway between Westfield Garden City and Carindale shopping centres.
• Only a few minutes each way to the gateway Arterial and the South-East Freeway.
2 bedroom lowset villas in the area only come on the market every so often. The next one may not be for a very long time.
The first reasonable offer with the best conditions will be seriously considered.
Ref.: 13693
CHAMBERS FLAT
LOT 84 CHAMBERS FLAT ROAD, CHAMBERS FLAT
4 Bedrooms
2 Bath
4 Car
451m2
$655K
Perfect investment home guaranteed 5% per year rental returns for two years
This will be a display home for two years with a guarantee of 5% rental yield per year for a two-year term.
This stunning 4-bedroom home offers a diversified lifestyle for a family.
One of the key features is a family room for the children to play in or to use as a media for those movie nights. This home offers a large alfresco entertaining area, open planned living, dinning a Island kitchen complete with 900mm European appliances.
Our company prides itself in delivering the best quality builds for the best price and offering 100% service guarantee. With the promise of managing the entire build for our clients. This house and land deal is a set price, no more to pay. Turn key everything ready to move in. It is also upgraded through out see list below.
Working side by side with our clients every step of the way, our professional team will assist you with your house design, colour schemes and finishes. We offer your family to liaise with our project manager builder as a one on one experience.
The house project will be completed in 19 to 21 weeks and land registration should be January 2022 .
“My saying is why! Why! buy second hand where you have to fix things all the time. A brand-new house with no maintenance issues and you can live in a new estate and have want you truly want”!!
This house and land package is positioned only 10 to 15 minutes to all your needs highway access, schools, shopping centres, public transport, salt water rivers 1 hour away to the Gold Coast and 45 minutes to Brisbane CBD.
We offer you a brand-new home FIXED price full turn-key ready to move in and of High-quality standards.
The home offers the following:
• 4 large bedrooms with built-in robes and master with walk-in
• 2 bathrooms and master bed with ensuite plus double vanity
• Open planned kitchen dining and living with large walk-in pantry
• 20mm stone tops in kitchen and 20mm stone tops in bathrooms
• 900mm Stainless steel appliances oven, cooktop, range hood, dishwasher
• Large alfresco with outside fan and fully tiled
• All rooms with fans and energy-saving down lights and fans including alfresco
• Open lounge & family room/media
• Separate laundry with direct outside access
• Double garage remote entry
• Fully ducted air conditioning reverse cycle and zoned
• Security screens and blinds to entire home
• All fencing and turf and landscaping complete
• Drive way and television antenna and letter box plus cloths line
• Large hot water system
• Niches in bathroom shower areas, Samm Matt black tape ware, Smart tile floor wastes.
• 6 year warranties on build, Perfect for any type of property owner or investor.
• 12 month defect guarantee
• Call us today to discuss your needs and see what we can offer you!
EXTRAS IN THIS HOUSE ON TOP ARE: high ceilings, 2 tone cabinetry, Undermount sink to kitchen, vinyl floors in living, hallways, dining, kitchen. Tiled alfresco. Upgraded brick work and rendered front façade, Stained Portico cladding and front door entry. Decowood garage door in silky oak finish. fully fenced, landscaped, turfed yard. NBN connections, quality mail box.
Note: The photos in this advert are of previous houses we built although same quality standard finishes we offer. You get to pick your colour scheme and fittings with our direct interior decorator.
Guaranteed 5% rent return.
Ref.: 13694
CARINA HEIGHTS
Item Subtitle
TOTAL OF 2200+ SQM
2 lots 760+ & 2200+
2 street access
First lot on a feeder road
Located just metres from parkland and the hiking trails of Whites Hill Reserve.
Featuring a bus stop close to the site, residents are within easy walking distance of Metropol Shopping Centre, Pacific Golf Club and Westfield Carindale. Within the Whites Hill State College catchment and close to private schools, this spectacular setting is only 18 minutes from the CBD.
Seller is looking for offers or will JV for right opportunity
Ref.: 13695
REDBANK
List Subtitle
Development Opportunity - Redbank
This 1,037m2 site is DA approved for development.
The project is for 7 terrace homes that can be all be individually titled lots that can be sold as split contract house and land packages.
The lot has been cleared of the old cottage and trees.
Operational works approval is in place and just needs the pre-start meeting with council to start the civil works.
This Development Opportunity is located within walking distances to, Redbank Plaza, Goupong Park, Rising Star Redbank School, Bus Stop and Redbank Train Station. It is also within a short drive of, the Goodna Shopping district, other Schools and Golf Club. Ipswich CBD is about 11km and the Brisbane CBD about 29km away.
Ref.: 13696
EMERALD
STARTER HOME OR INVESTMENT PROPERTY
Harringtons are very pleased to present this terrific 2 storey, family home on a corner block of a quiet cul-de-sac.
This home features:
GROUND LEVEL
* Large formal entrance
* Media room with floor-to-ceiling entertainment unit and fitted bar
* Air-conditioned den (study or formal sitting area)
* Fully fitted large laundry with built-in cupboards
* Playroom
* 2nd WC
UPSTAIRS
* Full height modern kitchen with stainless-steel appliances, HUGE island benchtop (wine fridge and seating)
* 4 bedrooms each with BIRS (all terrific sizes) and carpeted
* Family bathroom with freestanding shower and luxurious corner bath
EXTERNAL
* ABSOLUTELY HUGE private covered entertaining deck (with TV point and roller outdoor blinds)
* Established tropical, landscaped grounds, maintained by watering system
* Terrific amount of grass for the kids
* Fully fenced (pet ready)
* 6m x 3m garden shed
* Double Carport at front
* Recently installed water bore (free water)
THROUGHOUT
* Timber finishes
* Air-conditioners
* Ceiling Fans
* Tiled floors
* Timber floorboards
* Double roller block out blinds
* Glass balustrading
* Security screens (doggy door in laundry)
* Insect screens
The location could not be any better:
* Opposite from the racecourse
* 5 mins drive to downtown Emerald
SHOPPING
* 4.4km to Central Highlands Marketplace
* 3.1km to The Plaza
* 2.3km to The Village
SCHOOLS
* 2.1km to Emerald State School
* 7.2km to St Brigid’s Primary Catholic School
* 2.3km to St. Patricks School
* 2 mins drive to Emerald State High
* 2 mins to Emerald North State Primary School
PARKS
* Sunrise Rotary Park,
* Centenary Park,
* Margaret Gibson Park
This home is a terrific investment for the future – Google Adani and the Galilee Basin! Emerald is the “gateway” to both the Galilee (west) and the Bowen basins (north, south & east). Just imagine if you had all of this new business in your backyard – do you think it would be a good investment?
This home is currently tenanted for a rent of $480pw (expiring in May 2022). A rent increase is expected to be negotiated. Predicted rental yield of 5.5%+
There are many options for you to consider:
Live in and renovate
Renovate and sell
Renovate and rent
Continue the tenancy (with a rent increase of course)
Whatever you decide, the property market is HOT, we highly suggest that you buy before prices continue to increase into 2022.
Contact me to arrange a viewing today.
$387K
Ref: 13697
EMERALD
VACANT INDUSTRIAL LAND - DA IN PLACE FOR LARGE INDUSTRIAL SHED
Wills Road Emerald Q4720
Description
The land is 3231 sqm of industrial land at Emerald with a Development Application (DA) in place for the construction of a large industrial shed of some 700 m² floor area.
The property is in an industrial estate where large industrial business operations have entered Emerald in recent years. These include Shell Petroleum, BP Truckstop, Pacific Petroleum, Toll NQX, All Time Diesel, and Bulk Haulage.
Wills Road has direct access to the Gregory Highway, the principal traffic thorough fare linking it to Rockhampton and the Bruce Highway in the East, and the Galilee Basin to the west. It services the mining operations and the agricultural industry of the Central Highlands and the Bowen Basin Regions of Queensland.
The property is offered for sale with the DA in place, or with the construction of the proposed industrial shed, or something similar, to be constructed if desired for interested parties. Site is already wired with 3 phase power.
Seller is keen to work move to another project so is willing to sell at the right price or work with the purchase on JV basis.
All plans etc are available for perusal.