Lot 39, Basswood Crescent, Park Ridge QLD 4125 – Woodhaven Estate

$724,400

  • 4
  • 2
  • 2
  • 437m²
  • H & L

Woodhaven Estate, Park Ridge is situated right in the middle of one of South East Queensland’s fastest growing regions, Park Ridge, Logan City. This purposely planned estate was designed around a central park to keep the open country feel that is the true essence of Park Ridge. With nearly half of Woodhaven Estates total area designated to green space and landscaped parkland, it will create a communal area for the community to come together, a space where children can kick a footy and not worry about it going over the fence, ride bikes or just get out of the house to go for a stroll.

Park Ridge is located just 30 kilometres away from the Brisbane CBD. This is a strategically positioned suburb that features urban communities offering diverse housing options, as well as a full range of community facilities, to ensure the area is well serviced with essential infrastructure so the community functions effectively as it grows.

Overview

  • $-862.76/m

  • 32%

  • 3.95%

  • 1.74%

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 area193 m²
Build price$379,400
Land price$345,000
Title StatusRegistered
Contract typeSplit
Storeys1
Council Rates*$125/m
Water Rates*$35/m
Tax depreciation*$616/m
Rental Income*$2383/m
* these figures are an estimate only, based on current average rates and current relevant figures.

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