Redbank - 33 Law St [South] Queensland Reduced from $285,000
- Now $279,000 22klm from Brisbane CBD
2 bed, 2 bathroom, 1 carport
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I will pay your deposit! ONLY ONE LEFT!
For a 2 bedroom, 2bathroom, 1 carport Redbank units [total of 6 in the block, 4 remaining]. They are being strata titled as we speak. 33 Law St South, Redbank. 22klm from Brisbane CBD, 10klm Ipswich
4 x Redbank Units for SALE $279,000 each [only 6 in complex, 2 already sold]
- Rent currently $280 - $290 pw
- 30 Year depreciation on the building at 2.5%
- All new appliances and open design interior for depreciation
- Low Body Corp & Sinking Fund $19 approx per week plus building insurance TBA
- 5% Negotiated Management Fee or Manage It yourself for 0 Fee [no Maintenace management included]
10% vendor finance to be paid back in up to 3 years with a 1% above variable rate interest pa. At the current variable rate the interest would be approx $2000 per year.
This way if you would like to buy the unit, you will only need the stamp duty of approx $8940 plus legal’s to cover their entry costs. You will need to obtain a 90% lend from your financer. In 3 years time the highway to Brisbane will be finished, other major projects completed. The long term capital growth is around 8% and the units can be revalued, using the equity to pay the balance of $27,900 plus the interest out.
- No Steps ANYWHERE
- Key pad security and Intercom
- Carpet with a 10 year no-stain warranty
- New kitchen & large pantry
- Gas cook top & Electric oven
- Brand new appliances
- Reverse cycle air conditioning
- Fans in each room
- 2 Bathrooms
- Own laundry facility & clothes line
- Plenty of storage including walk-in robes & broom cupboard
- Concertina doors for open living plan
- Private Courtyard & outdoor eating area
- Security Screens
- Undercover car park
- Only 6 units in complex
- Transport at end of street, walk to Redbank Station.
- Walk to movies & shops
- Low body corp. under $20 per week
The State Government has released the SEQ Reqional Plan, which identifies an additional 1 million people in the SEQ Reqion over the next 20 years. Ipswich already has in place the strategic planning framework which enables delivery of the Regional Plan and Industrial Plans.
• Goodna Bypass, 2.3 billion
• Western corridor Recycled water project, $1.7 billion
• C- 17 Globe master, $2 billion. Amberley RAAF Base Redevelopment. Employment to grow from 3,500 to 6,500 by 2010. IPSWICH will become the nation’s epicentre of aerospace when the next phase of RAAF Base Amberley is constructed. Details of the Aerospace and Defence Support Centre – Amberley (ADSC) have been announced and the large project is predicted to bring thousands of jobs to Ipswich when construction begins in 2012. The KoBold Group has planned the project and said it would position Ipswich as a global leader in aerospace and defence industries.
o Stage 2 - $285 million, estimated completion 2007- 2009
o Stage 3 - $331.5 million, estimated completion 2010
• Amberley Aerospace Park $170 million
• Ipswich River link - $200 million 1500 jobs
• Extension of Centenary Highway (Springfield – Ripley- Yamanto), $345 million
• Centenary Highway duplication and Rail extension Darra to Springfield, $840 million
• Ipswich Logan Motorway Interchange Upgrade $255 million
• Warrego Highway to Cunningham Highway Connection, $86 million
• Darra to Springfield Rail Extension $320 million
• Southern Regional Water pipeline - $650 - $ 700 million
• Swan bank Enterprise park $470 million, 700 jobs during construction, and 750 jobs during operation.
• Aspire Apartments $65 million
• Orion Shopping Centre - $155 million
• Capral $120 million and 330 jobs
• Australian Seamless tube project, $545 million, 950 jobs
• Ripley Valley Residential development – 120,000 residents by 2030
• $1 billion Citiswitch/ Lang Walker
River heart
• Partnership between Council and State Government to revitalise the Ipswich CBD for retail, recreation and cultural experiences using the Bremer River as a vibrant component
River link
• $200 million retail development – over 135 retail and specialty shops and 2300 car spaces – the majority undercover
• River front precinct comprising restaurants and cafes
• River walk around the site with terraced grounds to the river
• Pedestrian walkway using historical rail buttresses over river
$50 MILLION DEVELOPMENT APPROVED FOR IPSWICH CENTRAL
Excel Development Group will build the NEW seven storey office tower will feature in the redevelopment of the former Super Cheap Auto site in East Street Ipswich. The project also includes an 11 storey tower of residential apartments in Wharf Street. |
