Lot 193 - Riverstone Springs - Riverbend

Description

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Riverbend is a relatively new suburb in the southern growth corridor of Logan City, located approximately 50 km south of Brisbane. Officially established in 2017, Riverbend was created to support the long-term expansion of the Greater Flagstone development, one of South East Queensland's largest planned residential growth areas. The suburb is named after a prominent bend in the Logan River that forms part of its southern boundary.

Riverbend offers a peaceful semi-rural lifestyle with large residential lots, open green spaces, and a natural riverside setting. While much of the suburb remains lightly developed, it is expected to experience significant residential growth over the coming decades as the Greater Flagstone master-planned community expands. This makes it attractive to families and buyers seeking more space while remaining within commuting distance of Brisbane and Logan.

The suburb has limited local services at present, but residents are only a short drive from nearby Flagstone and Jimboomba, where supermarkets, schools, healthcare facilities, restaurants, and other essential amenities are available. There are currently no schools within Riverbend itself, with the nearest government schools located in Flagstone and Jimboomba

• Property Type: Regional High-Yield PackageCorner Lot/Duplex-Suitable
• Property Stage: N/A
• Price: $ 1,295,000.00
• Land Price: $ 575,000.00
• Build Price: $ 720,000.00
• Beds: 3+3
• Bath: 2+2
• Garage: 2+1
• Storey: 1
• Study: 1
• Power Rooms: 1
• MPR: N/A
• Powder Room: 1
• Balcony: N/A
• Floor Plan: Custom Duplex
• Completion: N/A
• Land Size: 611
• Area Size: 315.68
• Year Built: N/A
• Est. Rates: N/A
• Est. Rent PW: 1245.00
• Est. Body Corp.: N/A
• Title Status: N/A
• Gross Per Week: $ 1,245.00
• Gross Per Annum: $ 63,232.00
• Gross Yield: 5.00%
• Capital Growth 12 Months: 0.74%
• Capital Growth 10 Year Annualised: 5.50%
• Vacancy Rate: 2.95%