Gympie, QLD, 4570, Australia

Developer says "need cashflow injection quickly, to facilitate this he's prepared to offer huge reduction for next 2 sales only in the Royal Pines Estate!

This Duplex situated high on the hill overlooking the quality Royal Pines Golf course Estate is now below market expectation offering a nice uplift to investors who are quick to secure this package.

With projections in the vicinity of a potential $150 - $200k uplift, I only wish I was ready to purchase my next property (I picked up $250k on my last venture, over a $100k more than projected).

The Royal Pines Estate looks to offer one of the best street addresses in the Gympie and lends towards this quality area being a superior investment in the Gympie region. I am expecting to receive from local agency a sales appraisals showing $500k-$550k per side.
Situated 1 hour's drive northwest of the Sunshine Coast is Gympie, a regional city that's home to stunning countryside, incredible produce and some of Australia's best investment opportunities.
Recent growth to this rich agricultural town projects that the city will expand by over 5,000 people in the coming decades. This growth is fueled by a public and private investment pipeline worth almost $20 billion. This includes $14.2 billion for a pumped hydro plant at Borumba Dam, $4 billion worth of solar farms, and more than $1 billion in upgrades to the Bruce Highway.
Property Address: Lot 40 Club Drive Royal Pines Estate, Gympie - duplex

Land: 855m2 duplex approved - $349,995 registered
Duplex: total of 6 beds, 4 baths and 2 cars
Unit 1: 3 Beds 2 baths and 1 car
Unit 2: 3 beds, 2 baths and 1 car
Total size: 254m2. Build cost: $602,680

Rental estimate: $1160 to $1240 per week total
Unit 1: $580 to $620 per week
Unit 2: $580 to $620 per week

HUGE UPLIFT IN EQUITY ON COMPLETION - see letter attached = up to $177,000
Estimated for sale in early 2025 $1.090,000 to $1.130,000

TO PURCHASE:
Two contracts: House and land
Need EOI and initial holding deposit to be paid $1000
Subject to finance: 21 days
ID needs to be supplied - Driver's licence or passport
Titles: registered and approved for duplex

This property is subject to being available at the time of your enquiry.
This property is not yet constructed.

FOR SALE: $952,675

Kaye Tilley
0418 823 046