The Terraces at Griffin Pocket
Sydney Melbourne Property Overpriced? – Invest in BRISBANE!
BRAND NEW 3 BEDROOM (187m2 )TOWNHOUSES – ONLY $425,000!
In the much sought after suburb of Griffin – 25 mins from Brisbane’s CBD
It is generally considered that current Sydney and Melbourne property prices make it very difficult for an investor to purchase and get true value.
Imagine buying a stunning beautifully crafted, brand new, large 3 Bedroom Townhouse with Double Lock Up Garage for only $425,000 – less than ½ an hour from Sydney or Melbourne’s CBD?…..well you can in Brisbane!
Griffin Pocket is a picturesque family orientated Suburb just 25 mins from Brisbane’s CBD – and The Property Investment Co is pleased to offer you the opportunity of buying into a Boutique Development of only 28 Town Houses….The Terraces at Griffin Pocket.
Griffin Pocket has excellent transport infrastructure back to the Brisbane’s CBD and The Sunshine Coast is only an easy 45 minute drive away.
Location and Lifestyle Choices
Griffin Pocket offers a family-friendly lifestyle on the doorstep of Moreton Bay. Located on the banks of the Pine River, Griffin Pocket is part of a region that has been rated as one of Brisbane’s greenest suburbs. The Terraces at Griffin Pocket are adjacent to over 100 ha of natural native and maintained parklands and offers a premium lifestyle in a contemporary, urban community.
It also has easy access to the Pine River – offering fishing and boating just a few minutes away.
Plus close proximity to numerous schools, childcare, a Westfield shopping centre and countless amenities.
So as the old real estate saying goes The Terraces at Griffin Pocket certainly have “Location Location Location” and ticks all the investor boxes.
Affordable Selection of Townhouses
There is a selection of 3 and 4 Bedroom Townhouses starting from $425,000 (3 Bedroom & 2.5 Bathrooms + Double Lock-Up Garage) and $450,000 (4 Bedroom & 2.5 Bathrooms + Double Lock-Up Garage).
Extract from the Brochure:
“These Townhouses in a Boutique Development of only 28 have been exquisitely designed. With interiors straight from the pages of a magazine, the homes are a showcase of stylish design, sophisticated colour schemes and high quality finishes. You will love the modern kitchen with European stainless steel appliances and stone bench tops. Opening out from the internal living spaces, it’s perfect for entertaining friends or just whipping up a family classic. The tiled patios are also a perfect fit for outdoor entertaining.”
One of the main factors when considering buying an investment property is the “Growth Potential”.
The Terraces at Griffin Pocket are located within a vibrant, fast-growing suburb of Brisbane which presents excellent “buying in value” – and also offers potential for attractive capital appreciation over the years ahead due to its appealing and attractive nature and environment.
Renting out your Townhouse
There is strong employment growth in this catchment area which in turn is driving strong rental demand. And obviously having a good quality long-term tenant in your property is one of the major keys to a successful property investment.
The Developer (Unison) has a highly experienced Property Manager on hand who is very familiar with the Griffin location – and whose role is to source high quality tenants for you and look after your property on an ongoing basis.
Unison is highly confident about renting out your Townhouse. So in order to give the Investor added confidence and assurance, they have agreed to “Top Up” your rental for the first 12 months in order to give you a minimum 5% Yield.
Alternatively you are more than welcome to appoint your own Property Manager to source Tenants for you in this high yielding rental demand suburb.
Compliance for SMSF Investors
The Terraces at Griffin Pocket are fully compliant with SMSF Legislation which requires there being one single Contract (as opposed to a 2 Tier House & Land Contract).
So your SMSF is able to buy one of these Townhouses and also take advantage of the “Top Up” Rental Yield of a minimum of 5% (Gross) for the first 12 months post settlement.
Gearing Outside of Super
And for those investors wishing to invest outside of Super there are attractive tax advantages to gear and borrow the funds (since these Townhouses are brand new).
Assuming an investor is able to borrow 100% + Costs (by utilising equity from another property) and assuming the investor is on a taxable income of $100,000 – the current nett out-of-pocket expense to purchase a $425,000 Townhouse at Griffin Pocket works out to be approximately $30 a week.
However please be advised that a Real Estate Agent can only provide advice of a general nature and each potential investor’s circumstances may vary. So if you require specific investment advice, it is recommended that you contact a professional investment adviser – such as a financial planner or an accountant.
For our NSW, Interstate and Overseas clients we offer a fully comprehensive in-house service to assist you with putting the whole investment package together – either within a SMSF framework or outside of Super – including funding, accounting, conveyancing contacts and sourcing tenants for you.
We find that these days most people are time poor so we offer a One Stop Investment Property Service. We do not charge any fees to put everything together for you – we get remunerated directly from the Vendor (not from you).
You are welcome to avail yourself of our 28 day obligation free holding deposit mechanism. For those clients wishing to secure a Townhouse without obligation all we require is an EFT of $1000 which is held in trust for you by the vendor’s solicitors.
This ensures that the selected Townhouse is not sold to anyone else within the 28 day period whilst you do your due diligence. And if at the end of 28 days you decide not to proceed (for whatever reason) we simply refund the $1000 back to you in full.