Green Estate Crestmead - PAIG
  • Sold

$509,288

Full Turn Key Fixed Price
  • Land Area 600 m2
  • Floor Area 213.25 m2

  • 3+2
  • 2+1
  • 1+1

Property Description

The Green, a boutique new residential estate has just been launched in Crestmead, one of the fastest growing parts of Logan City, where houses have experienced substantial price growth in recent years thanks to good transport infrastructure and proximity to major employment centres. The area\'s demographic profile also presents investors an opportunity to buy well-priced residential property with strong rental demand. LOCATION & ACCESS Crestmead is located 26 kilometres south-east of Brisbane\'s CBD and is an emerging residential market positioned equidistant between the Grand Plaza Shopping centre in Browns Plains and the Logan Hyperdome, one of the largest single level shopping centres in Australia. Both shopping centres feature major retailers, specialty stores and cinemas. From the adjoining suburb of Loganlea, commuters have direct rail access to Brisbane and the Gold Coast. Crestmead also offers quick and easy access to the Logan Motorway, Mount Lindesay Highway and the Pacific Motorway. EMPLOYMENT Crestmead is home to a large industrial estate that provides hundreds of local jobs. Crestmead\'s strategic position in the centre of the South East Queensland region provides direct access to three major arterial networks, two international airports, freight rail and the Brisbane to Sydney passenger rail line. Crestmead industrial estate is a proven base for blue­chip companies and has been designed to service the manufacturing industry. GROWTH The Green, Crestmead will also appeal to the investment-buyer market as the dwellings will be readily rented by a large pool of potential tenants; gross rental yields surpass those achievable in capital city areas; and the affordable entry prices offer strong capital growth potential, particularly as Crestmead is located in one of the fastest-growing areas of South East Queensland.


Property Data

Strategy Type:

House & Land Packages Real Estate

Property Type:

Dual Dwelling

Storey Type:

Single Storey

Estimated Rent:

$650 Per Week

Land Area:

600 m2

Land Reg. Date:

03-04-2019

Land Price:

$200,000

Total Build Price:

$309,288

Date Listed:

26-03-2019

Total Floor Area:

213.25 m2

Property Id:

2442

Yield Gross:

6.6 %

Build Contract Type:

Single Storey Dual Dwelling

Contract Type:

Land + Build


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