Lot 6 Andrew Street, Bundamba QLD 4304

$729,620

  • 4
  • 2
  • 2
  • 588m²
  • H & L

This block has been approved for both a Dual key and a H&L package.

Option 1: Dual Key 3/2/1 + 1/1/1 ($824,200)

Option 2: H&L  4/2/2 ($729,620)

Bundamba is a rapidly growing suburb located just a short drive from Ipswich’s CBD, and it offers a unique opportunity for investors. With a range of affordable housing options, high rental yields, and strong demand from tenants, Bundamba is an ideal location for those seeking a solid investment opportunity.

The suburb boasts excellent transport links, making it easy for tenants to commute to Brisbane or Ipswich for work. Additionally, with a range of amenities, including schools, shopping centers, and medical facilities, tenants have everything they need within easy reach.

For those seeking a more natural lifestyle, the nearby natural surrounds of Ipswich offer plenty of opportunities for outdoor recreation, including hiking and cycling.

If you’re an investor looking for an opportunity to grow your portfolio, Bundamba is the perfect choice. Apply for purchase using BuyCloud today and take the first step towards securing your next investment property in this rapidly growing suburb.

Overview

  • $-757.85/m

  • 23.03%

  • 3.92%

  • 0.52%

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 area200 m²
Build price$390,620
Land price$339,000
Title StatusRegistered
Contract typeSplit
Council Rates*$125/m
Water Rates*$37/m
Tax depreciation*$749.25/m
Rental Income*$2383.33/m
* these figures are an estimate only, based on current average rates and current relevant figures.

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