Back 2 Hillcrest Street
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2 Hillcrest Street

Emerald QLD 4720

2
2
6
988 m²
Duplex Semi-Detached
Currently for sale - view listing

Overview

BRAND NEW - TAKE ADVANTAGE OF BUDGET BENEFITS FOR NEW BUILD - ONLY $579 000

BRAND NEW - TAKE ADVANTAGE OF FEDERAL BUDGET BENEFITS FOR NEW BUILDS Investors in new residential properties can still choose to use 50% CGT discount & apply negative gearing to eligible new builds. Speak with your accountant regarding the Federal Budget advantages this new build opportunity provides. RARE OPPORTUNITY - NEW TOWNHOUSES ONLY $579,000 SUBDIVISION POTENTIAL KEEP 2 UNITS AND SELL REMAINING LAND (SUBJECT TO CHRC) KEY INVESTMENT HIGHLIGHTS • Approved for 4 townhouses (CHRC approval - 10 June 2025) • 2 brand new townhouses completed and ready for occupation • Remaining 2 townhouses to be built at owner's convenience • All services in place (power, water & sewerage) • Infrastructure / headworks fees: nil owing • Full approvals complete - hard work done RENTAL RETURNS • Estimated rent: $400 per week per unit • Estimated return as is: $41,600 per annum • Full completion (4 units): $83,200 per annum PROPERTY FEATURES • Granite kitchen benchtops with hotplates & ample storage • Large main bedroom with built-in mirrored robes & feature office desk • Spacious bathroom with large shower • Large open plan living area • Front entertainment deck • Single car accommodation • Outdoor concrete patio between townhouses LOCATION • Woolworths Shopping Centre - 3km • Emerald Airport - 1km • Schools - 1.2km • Post Office - 3km Call Clinton today to find out more information 0428 875 875! Disclaimer: We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements contained. Interested parties should make their own enquiries to verify the information contained in this advertisement.

Features

2 bedrooms
2 bathrooms
6 carspaces
2 carport spaces
4 open car spaces
988 m² lot size
Duplex Semi-Detached

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