30 Terence Street

Gosnells WA 6110

Phone enquiry code for this property:2848 Property investment opportunity With building licence approved and building ready to commence immediately, secure your developers profit without the wait With registered valuations of $295, 000 lock in your profit immediately About the development; Located in Gosnells, 5min walking distance from Gosnells train station, bus terminal, shopping district, restaurants and city of Gosnells and government amenities. A 10 unit development consisting of 2 stories (5 ground floor, 5 first floor), each unit consists of 80M2, 2 bedroom one bathroom plus store room and balcony/veranda. All units are finished to a high standard and 7-8 star energy efficiency rating, with the development next door having just been completed in June 2016 the quality can be seen. The property developers will be retaining 60% of the development and are offering 2 investment options for the remaining 40% Option 1 Buy off the plan standard terms (2 units available) Unit price $285, 000 10% non-refundable deposit balance within 28 days of title Contract to be a land and building contract to reduce stamp duty Option 2 Buy off the plan progress payments (2 units available) Unit price $255, 000 Progress payments to meet the building schedule 1. Deposit 6.5%, 2. Slab down 20% 3. Wall plate height 10% 4. 2nd Slab down 5% 5. 2nd Wall plate height 15% 6. Roof cover on 20% 7. Lockup 15% 8. Completion / Handover 8.5% Contract to be a land and building contract to reduce stamp duty Phone enquiry code for this property:2848