Norris Chase Estate Bracken Ridge

Lot 6 Norris Road, Bracken Ridge, QLD, 4017

  • 3
  • 2
  • 2

$539,000 - $621,700

Property Description

Turnkey design available for Lot 6 Naples Street

Antonia 4 Building 183m2 : 4 + 2 + 2 : House $231,000 Land 413 m2 -$370,000 Package $601,000

Low Set or High Set designs available for turn key build - land registered.
Lot 10 Low set House 200m2 . Land 496 m2. 4 + 2 + 2. Land $380,000 House $241,700 $621,700
Lot 11 Low set House 162m2. Land 383 m2. 3 + 2 + 2 Land $360,000 House $209,000. $569,000 .
Land is registered and homes are now under construction on the estate.
Valuations have been prepared for house + land.
Norris Chase consists of 11 house and land packages and two duplex on strata title and 19 townhomes at the rear of Naples Street.
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.
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
- Architecturally Designed
- 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 4% per annum
- A Supply Shortage currently exists for this priced product within the Northern Infill suburbs of Brisbane

 

Property Data

  • Strategy Type Off the Plan Real Estate
  • Yield Gross 4.15%
  • Property Type House
  • Build Contract Type House
  • Storey Type Single Storey
  • Build Contract Uprade -
  • Estimated Rent $475 Per Week
  • Title Type Torrens Title
  • Land Area 413 m2
  • Contract Type Land + Build
  • Width Land -
  • Council Rates $-
  • Length Land -
  • Water Rates $-
  • Orientation Type -
  • Strata Rates $-
  • Land Reg. Date 25/05/2018
  • Builder Wholesale -
  • Total Land Price $360,000
  • Builder Retail -
  • Total Build Price $209,000
  • Builder Aggregator -
  • Land Price $896 Per Square Metre
  • Investors -
  • Developer Vantage Building Group
  • Build Price $1,290 Per Square Metre
  • Developer Land only -
  • Internal Area -
  • Conjunction Partner -
  • External Area -
  • Date Listed 16/05/2018
  • Acquisition Type -
  • Total Floor Area 166 m2
  • Completion Date -
  • Property ID 1192
  • Min Width Land Req -
  • Length Build -
  • Min Length Land Req -
  • Width Build -
  • Deposit 10%

Property Features

  • Internal
  • Built-ins
  • Dishwasher
  • Ensuite
  • External
  • Garden
  • Level Lawn
  • Secure Parking
  • Shower Facilities
  • General
  • Mortgagee Property
  • Newly Built Property
  • Security
  • Security Windows
  • Location
  • Close to Parklands
  • Close to Schools
  • Close to Shops
  • Close to Transport
  • Lifestyle
  • -

Map

Recent Sales: City & North

Address Property Type Land Area Total Floor Area Sold Date Sale Price
Lot 54 Summit Street, Griffin, QLD, 4503  House  375 sqms  188.15 sqms  Not Provided  $491,000
88 Doggett Street, Newstead, QLD, 4006  Unit      Not Provided  $750,000
88 Doggett Street, Newstead, QLD, 4006  Unit      Not Provided  $508,000
10 Stratton Street, Newstead, QLD, 4006  Unit      Not Provided  $505,200
10 Stratton Street, Newstead, QLD, 4006  Unit      Not Provided  $675,200
37 Riverside Crescent, Joyner, QLD, 4500  House  438 sqms  206 sqms  Not Provided  $510,900
, Nudgee, QLD, 4014  Project      Not Provided  From $603,200
, Fitzgibbon, QLD, 4018  House  186 sqms  154.7 sqms  Not Provided  $437,000
Lot 45 Cotterel Crescent, Nudgee, QLD, 4014  House      Not Provided  $608,200
Lot 266 Celebration Crescent, Griffin, QLD, 4503  House  344 sqms  179 sqms  Not Provided  $450,000 - $500,000

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