26-40 Merton st, Jimboomba

$2,800,000-$3,300,000

3 properties side by side

Wow what an amazing opportunity for an astute developer/investor to snap up the LAST acreage blocks in the Jimboomba township. With 3 properties being offered in 1 fantastic deal of a lifetime... With the boom of development happening at a rapid rate, prices will only increase. Grab this opportunity before its too late.

What we have on offer is 7.5 acres on 3 titles, 3 homes all in excellent condition, which can be rented out while you wait to start your project. It comes complete with town water, 2 road frontage. Zoned Low density residential

As a local agent I hear all the time from my older clientele that Jimboomba needs an 0ver 50s/retirement village. As they love the area and don't want to leave, but have no other option to.

Or

I hear a lot is people are needing 1 or 2 bedroom homes/units as they are single parents, FIFO workers who don't need the large homes on a large lot.

So as a local agent I'm spreading the words of the locals as what they want and need. I feel this site lends itself to this sort of development.

Let break it down

3 x 2.5 acre lots = 7.5 acres
3 homes
Property 1 is a 5 bedroom, 2 bathroom with multiple living areas would rent for $630-$680 per week
Property 2 is a 4 bedroom, 2 bathroom home, pool, sheds would rent for $600-$650 per week
Property 3 is a 4 bedroom, 2 bathroom home, sheds, would rent for for $550-$600 per week

In total expect $1780-$1930 per week in rental income.

Location

With the local industrial estate in the next street, Mt Lindesay Hwy only minutes away. With 3 schools( 1 state primary school, 2 private co-ed prep-12 schools close by. 4 day care centres nearby. The kids are sorted for there education.

Jimboomba shops has just undergone a $30million revamp, which houses Woolworths, Dan Murphys, Post office, cafes and other eateries. Across the road is Coles, Mcdonalds, other eateries and services.

With housing developments in abundance in and around this site, now is the time to buy before the BOOM in Jimboomba has exploded





Listed by

agent

Jeroen Waalder

0432 687 175

[email protected]


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