Lot 26 Mallee Grove Estate, Jimboomba QLD 4280

$648,150

  • 4
  • 2
  • 2
  • 429m²
  • H & L

Jimboomba, QLD, strategically positioned approximately 60 kilometers south of the Brisbane CBD, offering convenient access to major capital cities and employment hubs, including Brisbane, Ipswich (60.2km), and the Gold Coast (64.2km).

Estate Information: Orchard Property Group, a respected developer with a strong track record for delivering high-quality projects that inspire confidence in investors.

Investment Highlights:

  1. Jimboomba’s accessibility is significantly enhanced with major upgrades to the Mount Lindsey Highway and Waterford-Tamborine Road. Additionally, the area is set to benefit from the establishment of two new secondary schools and the introduction of additional retail hubs, providing a thriving environment for residents and investors alike.
  2. The Logan City Council’s proactive preparations for significant population growth, reflecting in robust infrastructure development, ensuring long-term economic stability and growth.
  3. The Logan Local Government Area (LGA), including Jimboomba, is a key urban growth area, projecting a 22.6% population increase over the next decade, positioning it strategically for investment within an hour’s reach of Ipswich and the Gold Coast.

Builder: Rely on Glenvill, known for their outstanding reliability and unwavering commitment to delivering high-quality service throughout the construction process.

Overview

  • $9.89/m

  • 9.70%

  • 5.22%

  • 0.28%

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 area170.45 m²
Build price$346,150
Land price$302,000
Title StatusRegistered
Contract typeSplit
Storeys1
Council Rates*$125/m
Water Rates*$40/m
Tax depreciation*$670/m
Rental Income*$2817/m
* these figures are an estimate only, based on current average rates and current relevant figures.

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