Lot 407, Logan Reserve QLD 4133 – Rosebank Estate

$672,900

  • 4
  • 2
  • 2
  • 378m²
  • H & L

Rosebank is a boutique community that gently rises from the entry to offer flat and elevated home sites nestled by the Logan River, just a stone’s throw away from every modern amenity.

Perfectly positioned between Brisbane and the Gold Coast, Rosebank delivers the best of both worlds by blending urban and natural living seamlessly. Earmarked as a flourishing growth corridor for economic development,Logan is perfect for families who are focused on their future and investors looking for long-term growth. With $18 billion in planned development, Logan is experiencing an incredible rate of growth, creating thousands of new jobs with in the area and providing opportunities for every kind of business. Here you’ll find everything you need is within easy reach, while simple access to the motorway makes travelling a breeze, whether it’s getting into the CBD for work or escaping to the coast for a weekend away.

Overview

  • $-426.59/m

  • 25.67%

  • 4.56%

  • 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$334,000
Land price$338,900
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.

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