Lot 6, McCreadie Road, Ormeau QLD 4208 – Elevate Estate

$872,290

  • 4
  • 2
  • 2
  • 375m²
  • H & L

Elevate at Ormeau Hills is a boutique community ideally located in an elevated position in the thriving northern Gold Coast corridor. Only minutes to local cafés, shops and schools, you can enjoy a coastal lifestyle with so much more on offer. Located just 25km north of the Gold Coast CBD and 40km south of the Brisbane CBD, Elevate at Ormeau Hills is a high-quality, boutique lifestyle community.

In such a high demand location on the Gold Coast, be quick to secure your place in this welcoming community.

Overview

  • $-535.49/m

  • 16.33%

  • 4.77%

  • 0.7%

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 area196.5 m²
Build price$367,290
Land price$505,000
Title StatusRegistered
Contract typeSplit
Storeys1
Council Rates*$125/m
Water Rates*$35/m
Tax depreciation*$616/m
Rental Income*$3466/m
* these figures are an estimate only, based on current average rates and current relevant figures.

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