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Lot 8 – 8 Benson Street – Spring Mountain

  • $1,513,500
Cashflow Positive Cashflow Positive
Spring Mountain, Ipswich, QLD, 4300
Cashflow Positive Cashflow Positive
Spring Mountain, Ipswich, QLD, 4300
  • $1,513,500

Overview

Property ID: LA-535455
  • Display
  • Property Type
  • 4
  • Bedrooms
  • 2
  • Bathrooms
  • 2
  • Parking

Details

Updated on March 28, 2024 at 6:54 pm
  • Property Type: Display
  • Price: $1,513,500
  • Gross Per Week: $1,700
  • Gross Per Annum: $88,400
  • Gross Yield: 5.84%
  • SMSF Deposit: $302,700
  • Capital Growth 12 Months: 4.62%
  • Capital Growth 10 Year Annualised: 6.57%
  • Vacancy Rate: 0.90%
  • Land Area: 640 m²
  • Bedrooms: 4
  • Bathrooms: 2
  • Parking: 2
  • Title Status: Registered
  • Floor Plan: Magenta 33
  • Investor Type: Cashflow Positive
  • Property ID: LA-535455
  • SKU: 1001

Description

*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us.* 

Spring Mountain is situated approximately 30 kilometers southwest of Brisbane's Central Business District (CBD). It falls within the local government area of Ipswich City.Spring Mountain is a residential suburb with a mix of housing options, including detached houses, townhouses, and land for new developments. The suburb is part of the master-planned community of Greater Springfield, which offers a range of amenities and facilities.

There are educational facilities in and around Spring Mountain, including primary schools, secondary schools, and childcare centers. Additionally, there are tertiary education options available in nearby areas such as Springfield and Ipswich.The suburb is accessible by road and public transportation. Major roads, including the Centenary Highway and Springfield Greenbank Arterial Road, provide connectivity to Brisbane and other areas. Public transportation options include bus services operated by TransLink.

Spring Mountain has access to shopping facilities and amenities within the Greater Springfield area. Orion Springfield Central is a major shopping center nearby, offering a wide range of retail stores, restaurants, and entertainment options.The suburb offers parks, playgrounds, and recreational areas for residents to enjoy outdoor activities. This includes sports facilities, walking trails, and open green spaces. Nearby attractions include Robelle Domain Parklands and Spring Lake Park.

Spring Mountain is located in a region with natural landscapes and parks. Residents may also enjoy nearby natural attractions such as White Rock Conservation Park and Flinders-Goolman Conservation Estate.

Address

Open on Google Maps
  • Address Ipswich, Spring Mountain, QLD, 4300
  • City Ipswich
  • State QLD
  • Postcode 4300
  • Suburb Spring Mountain

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Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.

 

Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.

 

Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.

 

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This property can be converted to a single contract suitable for an SMSF at a cost.

SMSF Single Contract

This property is a single-contract property suitable for an SMSF.

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