Norris Chase Estate Bracken Ridge - PAIG
  • 12 Off Market

Norris Chase Estate Bracken Ridge

239 Norris Road, BRACKEN RIDGE, QLD, 4017

From $455,000

Project Description

UNDER CONSTRUCTION. 50% of townhomes sold. Settle in January 2019. Consists of 19 Townhouses plus 11 house and land packages and two duplex on strata title. All situated on the one site. Very well established area, beautiful level lot with market garden quality soil. The building designs are as modern as tomorrow and nicely set back with a separate street access, providing excellent amenity for the new inhabitants. Due to the fact that the area has been established for over 50 years, a ready supply of tenants will be available should investors buy in to this unique development. There has been millions of dollars recently spent on nearby roadworks with access to North and South freeways. The Bracken Ridge TAFE is nearby. Bracken Ridge is 22 kilometres north from the CBD, with access to Bald Hills train. Schools nearby include St Joseph's Primary School, Bracken Ridge Primary and State High School. On the corner is the local neighborhood shopping centre. - Close to Westfield both at Chermside and North Lakes - Arterial Road connection to the Bruce Highway North and South via Linkfield Road - Walking distance to the Brisbane North Tafe College - Two Primary Schools 2km’s and State High School 4 km’s - Public Transport 4km to direct commuter CBD Train Service at Bald Hill Station - Local Neighbourhood Coles Shopping Centre The Property Facts - Norris Chase Premium Townhomes from $455,000 - Architecturally Designed - Large external Open Space areas for each dwelling - Private Property Manager - Full Turnkey Inclusions, including Security Screens, Blinds and Stone Bench tops in kitchen - Low Body Corporate Fees - Rental Vacany for Bracken Ridge is less than 1%, with Rental appraisals obtained from local agency at a rate of greater than a dollar per thousand of purchase price - An Investment Yield (Gross) on the purchase price will return greater than 5% per annum - The only competiting Townhouse project in the local vacinity is “The Hamptons” at Carseldinge, Stage 2 selling $479,000 to $489,000 (all other projects have been completed) - A Supply Shortage currently exists for this priced product within the Northern Infill suburns of Brisbane

Project Data

Strategy Type:

Off the Plan Real Estate

Property Type:

Project

Date Listed:

06-02-2018

Property Id:

867


Property Features

Location

  • Close to Parklands
  • Close to Schools
  • Close to Shops

General

  • Infrastructure
  • Population Growth

External

  • Level Lawn
  • Secure Parking

Project Attachments


Project Listings

Property Type Lot No Land Area Int Area Ext Area Total Floor Area Land Price Build Price Total Price Status
Townhouse 3 2 1 152.5 m2 35.7 m2 188.2 m2 $455,000

Off Market

Land Reg Date: 18-05-2018

Completion Date: 17-01-2019

Townhouse 3 2 1 m2 139 m2 13.5 m2 152.5 m2 $455,000

Off Market

Land Reg Date: 25-05-2018

Completion Date: 18-01-2019

Townhouse 3 2 1 139 m2 16.3 m2 155.3 m2 $460,000

Off Market

Land Reg Date: 31-05-2018

Completion Date: 10-01-2019

Townhouse 3 2 1 139 m2 16.3 m2 153.3 m2 $460,000

Off Market

Land Reg Date: 25-05-2018

Completion Date: 10-01-2019

Townhouse 3 2 1 m2 152.5 m2 41.6 m2 194.1 m2 $460,000

Off Market

Land Reg Date: 25-05-2018

Completion Date: 10-01-2019

Townhouse 3 2 1 m2 152.5 m2 41.7 m2 194.2 m2 $460,000

Off Market

Land Reg Date: 25-05-2018

Completion Date: 18-01-2019

Townhouse 3 2 3 139 m2 19.6 m2 158.6 m2 $470,000

Off Market

Land Reg Date: 31-05-2018

Completion Date: 10-01-2019

Townhouse 3 2 3 139 m2 19.6 m2 158.6 m2 $470,000

Off Market

Land Reg Date: 18-05-2018

Completion Date: 18-01-2019

Townhouse 3 2 2 252 m2 151 m2 $510,000
Townhouse 3 2 2 252 m2 151 m2 $510,000

Off Market

Land Reg Date: 01-03-2018

House 3 2 2 252 m2 151 m2 $510,000

Off Market

Land Reg Date: 01-05-2018

Completion Date: 28-09-2018

House 3 2 2 413 m2 166 m2 $360,000 $209,000 $539,000 - $621,700

Off Market

Land Reg Date: 25-05-2018

Map Location