Lot 15, Jackson Chase, Logan Reserve QLD 4133 – The Banks Estate

$678,000

  • 4
  • 2
  • 2
  • 404m²
  • H & L

The Banks will be a residential community of contemporary homesites, complemented by spacious streetscapes that maximise natural light and allow the cool riverside breezes to flow easily throughout.

Located in the growing suburb of Logan Reserve, The Banks is only a short drive to local and major shopping centres including Village Fair, Grand Plaza and the Hyperdome, a wide selection of schools and sporting grounds, as well as transport corridors that connect you to Logan (only ten minutes), Brisbane (an easy 35 minutes) and the Gold Coast (an easy 45 minutes).

Not only is work close by but the ‘after work’ boat ramp is only a few minutes away, giving you unlimited access to the Logan River.

Overview

  • $-452.65/m

  • 25.67%

  • 4.52%

  • 2.29%

The estimated cash flow is reflective of a 90% P&I loan with an interest rate of 5.5% over a 30 year term. (Rental income + First year tax depreciation) – (*Loan Repayments + Council Rates + Water rates + Body Corp./Strata when applicable) = Estimated cash flow position
Property breakdown
Home area190 m²
Build price$339,000
Land price$339,000
Title StatusRegistered
Contract typeSplit
Storeys1
Council Rates*$125/m
Water Rates*$35/m
Tax depreciation*$616/m
Rental Income*$2556/m
* these figures are an estimate only, based on current average rates and current relevant figures.

Documents