Lot 9 - Stone Ridge - Logan Reserve - AUD 842,500.00

Description

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The epitome of modern living at Stone Ridge, a premier residential development ideally located in Brisbane’s Logan Reserve. With a limited offering of 33 lots, this exclusive estate is designed for owner occupier family living, and astute investor buyers seeking a blend of high-quality living and lucrative rental demand.

Surrounded by top-tier schools, this family-friendly neighborhood ensures a nurturing environment for children, making it an ideal choice for families.

• Logan Reserve State School (1 min)
• St Francis College (7 mins)
• St Philomena School (5 mins)
• Burrowes State School (10 mins)
• Marsden State High School (6 mins)

Set to open in January 2025 is a newprimary school located at 450 Park RidgeRoad. With a budget of $80.3 million, the school is now under construction and will feature state of the art facilities. The neighborhood is ideal for growing families, boasting two childcare facilities nearby – Edge Early Learning Crestmead and Crestmead Early Education Centre. All of life’s essentials are on the estate’s doorstep, with seven medical facilities located within just a 10-minute drive, including Crestmead Medical Centre. Logan Hospital is only 15 minutes away providing residents with easy access to quality medical services. The hospital is currently undergoing a $460 million expansion to increase its capacity in line with the Logan region’s rapid population growth.

• Property Type: House and Land
• Property Stage: 1
• Price: $ 842,500.00
• Land Price: $ 435,000.00
• Build Price: $ 407,500.00
• Beds: 4
• Bath: 2
• Garage: 2
• Storey: 1
• Study: N/A
• Power Rooms: N/A
• MPR: 1
• Powder Room: N/A
• Balcony: 1
• Floor Plan: Bangalow BF 1
• Completion: N/A
• Land Size: 357
• Area Size: 189.00
• Year Built: N/A
• Est. Rates: N/A
• Est. Rent PW: 770.00
• Est. Body Corp.: N/A
• Title Status: To be confirmed
• Gross Per Week: $ 770.00
• Gross Per Annum: $ 40,040.00
• Gross Yield: 4.75%
• Capital Growth 12 Months: 9.01%
• Capital Growth 10 Year Annualised: 5.92%
• Vacancy Rate: 1.78%