9 Lisbeth Street

Springwood QLD 4127

This is not just a house on a block; this 873SQM block is allowed by the Logan City Council to accommodate a separate AUXILIARY unit on back garden, private driveway, with own council rates, separate letter box, separate water and electric meters to be INDEPENDENTLY rented out. So buy, rent the main existing house for around $400+ per week (estimate of rental as it is), and get built an auxiliary unit. Total rental capacity of this property $750 to $800 per week with auxiliary unit.
Owner has approached DIXON HOMES for an Auxiliary unit, with its own driveway. Here is the deal the owner got: DIXON HOME takes care of all council permits and approval, and all are inclusive in the price of the house. As soon as deposit for this unit is paid, the company will do all the procedures, including applications to council, building certifier etc. The quote received for this auxiliary unit of 2 bed/1bath/2 car (double lockup) plus patio is $150,000 (including permits etc) (floor plan available on request). Price broken as followed: House $110,000 (including floor cover, tiles), Site costs (work on land) $15,000, Double lockup garage $20,000, Alfresco $5,000. This is the price 'KEY in hand' without the owner having to go through any council procedures.
The location is prime: at only a few minutes walk from Springwood Business Hub, walking distance to Schools, shops, bus stops, balls club, restaurants etc. To add even more, Lisbeth street is a small and quiet access, off Dennis Road. The existing house has a beautiful polished timber floor, and can be rented as it is, or, for a better price, after some renovation in the kitchen and bathroom. The ground floor has two lockup garages plus storage area and workshop.