LOT 215 Wicker Road, Park Ridge QLD 4125 – Madison Park

$869,200

  • 4
  • 3
  • 2
  • 400m²
  • Dual Key

Dual Key Property

3 Bed | 2 Bath | 1 Car Garage

+

1 Bed| 1 Bath | 1 Car Port

With plenty of green open spaces, Madison Park is a real community, ideal for growing families.

Enjoy everything life has to offer right on your doorstep, with employment, education facilities, shopping and medical facilities right around the corner.

Madison Park has been designed with families in mind. Forge long-lasting connections and friendships within this beautiful community.

At Madison Park, recreation and family time are of the utmost importance. Enjoy a laid-back lifestyle surrounded by the ones you love, positioned within this leafy green retreat.

Make a home in Madison Park and live the lifestyle you long for.

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Overview

  • $72.30/m

  • 28.99%

  • 5.38%

  • 3.45%

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 area207.22 m²
Build price$508,200
Land price$360,900
Title StatusRegistered
Contract typeSplit
Storeys1
Council Rates*$125/m
Water Rates*$35/m
Tax depreciation*$774/m
Rental Income*$3900/m
* these figures are an estimate only, based on current average rates and current relevant figures.

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