Residential for sale in Logan Reserve, lot 30 Riverleigh Estate, Logan Reserve QLD 4133, 512 m²

Logan Reserve, QLD

Residential

AUD 1,247

• 6 bedrooms
• 3 bathrooms
• 512 sqm
• 512 m² plot

An exciting investment opportunity to secure a brand-new 3 x 3 duplex to be constructed at Logan Reserve on a 512m² block, with a total purchase price of $1,247,500. What makes this opportunity particularly attractive is the potential to turn one 6-bedroom duplex property into two individually titled 3-bedroom properties, subject to all necessary approvals and registration. THE EQUITY OPPORTUNITY 3 bedrooms + 3 bedrooms = 6 bedrooms Following completion, the duplex may potentially be strata titled or otherwise subdivided to create: TITLE 1 – 3-bedroom property TITLE 2 – 3-bedroom property Instead of having the value concentrated in one 6-bedroom property, you could then own two separate saleable assets. This can potentially create an immediate increase in equity if the combined market value of the two separately titled properties is greater than your total acquisition and titling costs. HOW THE EQUITY COULD WORK For example only, if after separate titling each 3-bedroom property was independently valued at $700,000: Property 1 – $700,000 Property 2 – $700,000 Combined value – $1,400,000 Less original purchase price of $1,247,500 Potential increase in gross equity – $152,500 If eac…