Lot 839 Edinburgh Crescent, Gleneagle QLD 4285 – The Outlook

$639,980

  • 4
  • 2
  • 2
  • 614m²
  • H & L

The Outlook boasts the best of contemporary living, combining country lifestyle with city convenience. This master planned community offers a wonderful mix of generous building lots set around beautiful natural parkland within the township of historic and charming Beaudesert. Beaudesert is the gateway to spectacular scenery and activities located in the Scenic Rim region of South East Queensland. The Outlook Estate is located within 3 minutes of the township which is rich in history, art and cultural significance. The township has wide range of local amenities from shopping, dining, medical facilities, hardware, fruit and vegetable markets, child care, primary, secondary and tertiary education. Just north of the town you will find The Beaudesert Community Arts and Information Centre open daily, selling local arts, pottery and crafts, it is also a great spot to enjoy a Devonshire tea. Locals can enjoy all that the Scenic Rim has to offer from scenic trips to the beautiful Tamborine Mountain, city escapes to Brisbane or Beach days on the sunny Gold Coast. There is always something for each family member to enjoy, whether you enjoy bushwalking to historic waterfalls and rainforests, visiting local Wineries and Vineyards, Golf Clubs, Adventure Parks and more. Located just 6km from The Outlook, the Bromelton State Development Area, set to be a key major transport hub, will provide long term employment opportunities for the region in the future.

Overview

  • $-415/m

  • 31.66%

  • 4.39%

  • 1.42%

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 area177 m²
Build price$374,780
Land price$265,200
Title StatusSeptember 2023
Council Rates*$120/m
Water Rates*$40/m
Tax depreciation*$675/m
Rental Income*$2340/m
* these figures are an estimate only, based on current average rates and current relevant figures.

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