OFF MARKET

3143 Esk Hampton Road
Ravensbourne QLD 4352

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Land area: 802m2
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Last updated 11 Nov 2024
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Property Details for Lot 218/3143 Esk Hampton Rd, Ravensbourne

Lot 218/3143 Esk Hampton Rd, Ravensbourne is a 1 bedroom, 1 bathroom Townhouse with 2 parking spaces and was built in 2004. The property has a land size of 802m2. While the property is not currently for sale or for rent, it was last sold in November 2005.

Building Type
Townhouse
Year Built
2004
Land Size
802m2
Local Government
Toowoomba Regional
Lot/Plan
218/SP164284

Last Listing description (January 2024)

RavensbourneThe Harmony Luxury Studio is a Turn Key investment opportunity nestled amongst the remnant rainforest at Ravensbourne and an easy drive from Brisbane, the Sunshine coast and Toowoomba. Looking for the perfect getaway from the hustle and bustle of the city ? The treelined drive to this destination is just the beginning to your relaxing haven and when you arrive you will be immediately captivated by the stunning views, tranquil surrounds and the subtle birdsongs in the background.

This gated estate is part of a larger managed portfolio of rented independent getaway Studios and homes, so investing here is a great set and forget option with a projected Net return of 4.79 % supplied by the investment manager.

Inclusions:

Architect Designed Studio
Styling to maximize unique views, solar efficiency and site usability
Luxury Furnishings and Fittings
Air Conditioned
Quality Appliances
2 Person Outdoor Spa
Romantic Log fire
Furniture and soft furnishings
Complete 2 person crockery, cutlery and kitchen set up complete list available.
Driveway and Landscaping
Eco Septic
Solar Power
22,400 litre of Rainwater storage.

This gorgeous studio comes with everything, completely fitted out for your guests to just start arriving for their relaxing vacation or short stay. Tourism is a hot topic and Queenslanders are holidaying at home and why not at Ravensbourne Escape which is situated on the door step of wedding venues, the new Peachy Gin Distillery, Bunnyconnellan Winery and the list just goes on.

Enquire today to receive the complete documentation package about your investment, management or living options. This is a Turn Key package and construction is waiting to commence at time of settlement.

Disclaimer: The photos and 3D walkthrough are an indication of the completed Turn Key package and will be required to be confirmed at the time of contract and all required documentation will be supplied.

Documents for request:
Inclusions Package
Investment proposal
Body Corp Fees

Attention: Property Investors!
(Information from the developer)

Rare opportunity to secure 4.79% Net (NOT Gross) return. Easily turned into a positive cashflow investment property in a booming getaway market in South East Queensland
Luxury Studios Released at Ravensbourne Escape.

After 15 years of on-site design experience combined with 6 years of market research and customer feedback. Ravensbourne Escape has launched a brand new Luxury Studio concept for the short stay holiday market specifically designed to increase bookings and rental returns for investment property owners.

A 5-Star Guest Experience
Ravensbourne Escape guests rated their experience at 98.8/100 In a 2019 survey done of all on-line guest reviews by independent company Review Pro. This is one of the highest results in Queensland.

In addition, guests have rated their experience in the new Luxury Studios as almost exclusively 5-Star. (Source: Air BnB, TripAdvisor).

Fantastic getaway! We had 3 nights, mid week at Serenity studio at Ravensbourne. Simply well appointed with all the comforts you could wish for. Spa, fire place and quality appointments. Wonderful to Escape the city life and busy routine for some peace n quite. Views are spectacular also looking across the Brisbane valley. Brett K

Reduced Maintenance Costs = Better returns
The goal was to provide the best experience with reduced environmental impacts and building maintenance. The new Studios use the latest zero carbon & fire resistant building material technologies and design.

Remote monitored solar power, and the latest energy efficient lighting, heating and sewerage technologies to reduce overall energy usage and costs. This approach has reduced the immediate and long-term maintenance outgoings for owners over traditional building approaches by a factor of 50-70%.

What is the Return on Investment?
Since being completed in late 2017, the new version Luxury Studios Tranquillity & Serenity delivered in 2018/19 audited gross Rental of approx. 10.1% of their Capital Cost and Net Return to the owners of 51% of this on capital after Ravensbourne Escape management expenses.

Projected Returns and COVID 19
Since COVID19 travel restrictions shut the industry down for 3 months and then reopened in June 2020, the monthly returns to November 2020 have increased by 43% compared to previous years. This trend has persisted with forward bookings and projected Gross Revenue is based upon 80% of this trend continuing.

21/22 investment projections
Based on the 2019/20 returns from the first two luxury studios, our third release Harmony is expected to generate a 4.79% net return excluding Owner Outgoings.

Who stays at Ravensbourne Escape?
Your guests are 99% Australian, short term weekend getaways who live within 200 km of Ravensbourne, with some interstate travellers from NSW. This captures the Toowoomba Region/Brisbane/Gold Coast/ Sunshine Coast/Bundaberg markets as the largest catchment area. More recently interest is being shown from Far North Queensland travellers choosing this area to get away from the heat and humidity of Townsville/ Rockhampton/Cairns.

Rental Performance
Over the last 4 years the rental pool has shown real growth.
This is mainly because less-performing older houses(4-bedroom) have been replaced with newer, 1-and 2-bedroom houses and studios based upon customer demand. Despite COVID bookings have increased by 25% in last 12 months with short stay escapes being increasingly sort after in South East Queensland market.
In the last 3 years Ravensbourne Escape has:
Increased occupancy rates by 35%
Increased average per-room revenue by 84%
Increased total revenue by 56%
Maintained net % revenue per owner
The Reputation is growing!

As a provider of luxury self-contained accommodation in this unique location Ravensbourne Escape has received over 230 x 5-Star guest experience reviews in the last 18 months (and none less than 4 stars)
Air BNB Super Host status 12 quarters in a row.
Best of Queensland Experiences status by Tourism events Queensland & Review Pro
Best self-contained Accommodation Bronze medal in the 2019 Queensland Tourism Awards
Ranked no.1 for accommodation in the Micro-region
What Guests have been saying

Serenity delivers! Much needed relaxation and luxury We stayed recently at Serenity and it was such a beautifully appointed house with lovely views, comfy bed and spa on the deck. It was a stormy night when we arrived and it just made the whole place all the more spectacular. Luxury at its best! 291 kristy

Loved it! My wife and I stayed here for a few nights to relax, getaway and have a mini honeymoon and it was just wonderful. The setting is gorgeous, the accommodation is beautifully appointed and sitting outside on the deck or in the spa was so relaxing! We stayed in Tranquillity and we definitely plan on returning! If you are considering a night, weekend or more, away from the busyness of life...we highly recommend Ravensbourne Escape! Miguel

Here's what to do Next:

Google search Ravensbourne Escape to check its reputation.
Visit www.ravensbourneescape.com.au to find out more about this rental business.
P.S. Don't delay this really is a unique investment with net returns that are ra

Disclaimer:
We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.

Property History for Lot 218/3143 Esk Hampton Rd, Ravensbourne, QLD 4352

A timeline of how this property has performed in the market
Last Sold
$170,000
26 Nov 2005
  • 06 Apr 2021
    Listed for Sale $480,000
  • 26 Nov 2005
    Sold for $170,000

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About Ravensbourne 4352

The size of Ravensbourne is approximately 81.9 square kilometres. It has 4 parks covering nearly 1.6% of total area. The population of Ravensbourne in 2011 was 367 people. By 2016 the population was 246 showing a population decline of 33.0% in the area during that time. The predominant age group in Ravensbourne is 60-69 years. Households in Ravensbourne are primarily childless couples and are likely to be repaying under $300 per month on mortgage repayments. In general, people in Ravensbourne work in a professional occupation. In 2011, 81.7% of the homes in Ravensbourne were owner-occupied compared with 75.3% in 2016.

Ravensbourne has 257 properties. Over the last 5 years, Houses in Ravensbourne have seen a 151.81% increase in median value, while Units have seen a 12.27% increase. As at 31 October 2024:

  • The median value for Houses in Ravensbourne is $949,100 while the median value for Units is $460,910.
  • Houses have a median rent of $325.
There are currently 8 properties listed for sale, and 1 property listed for rent in Ravensbourne on OnTheHouse. According to CoreLogic's data, 9 properties were sold in the past 12 months in Ravensbourne.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.