glenfield

Project Starting Price

$321,000

Rental Appraisal

$350pw

Construction Timeline

Nov 2014

Site Area:

7,400m2

Gross Realisation:

$8.87 million

Site Plan

Brochure


    OVERVIEW

    HOW DO I PROCEED…

    Massland has already been accepting deposits for Returns at River Road – such has been the demand that only a nominal number of properties now remain.

    A quality and contemporary development of 34 three bedroom homes, this opportunity is ideally positioned in Bundamba near
    Ipswich. This is at the very centre of South East Queensland’s most influential growth area and represents the right choice for your
    Automatic Acquisition Plan.

    As an ‘in fill’ development in an already well-established residential area, the opportunity to acquire a new property in such a high demand area, assures the investor of long term future growth.

    With a price point starting from only $321,000, this represents an outstanding price point for homes of this calibre.

    The springboard which enables such an advantageous price point is of course Massland’s revolutionary amalgamation process, which delivers the added benefit of better quality homes for a lesser cost than our competitors.

    All these homes are highly appointed 3 bedroom properties with a lock-up garage sitting on sought after elevated land areas. Returns at River Road benefits from over 550m2 of free flowing and open public space, ample car parking, a BBQ area and the presence of established trees. This price point is well below the median for the area, indeed a neighbouring development is selling comparable properties for over $310,000. Independent valuations for Returns at River Road are $300,000.

    With only 34 opportunities available, the time to act will be short. Acquiring an asset such as this will only act to accelerate the future growth of your property portfolio.


    LOCATION

    HOW DO I PROCEED…

    Massland has already been accepting deposits for Returns at River Road – such has been the demand that only a nominal number of properties now remain.

    Located just 6km from Ipswich, Returns at River Road is perfectly positioned in the high growth area North West to Brisbane and just a 25 minute drive to the CBD.

    It is close to a comprehensive offering of local amenities, including shopping centres, schools, hospital, sporting fields and retail stores such as Woolworths (1.6kms), Aldi (1.6kms) Bunnings and many other familiar household names.

    With direct access to the major arterial roads, the local train station (1.1km) and easy access to surrounding areas, without equal it represents a location that will continue to grow as it has done over the past decades.


    THE INVESTMENT CHECKLIST

    HOW DO I PROCEED…

    Massland has already been accepting deposits for Returns at River Road – such has been the demand that only a nominal number of properties now remain.

    Any Massland development only proceeds when it has unequivocally assured us of its ability to comprehensively meet three key filters:

    • Federal spending regime
    • Private Industry
    • Demographics

    Ipswich continues to benefit from a strong growth in population and has experienced the largest increase in the Greater Brisbane area (2012-13).

    This fuels continued investment, underlined by developments and initiatives such as the Swanbank Enterprise Park (14,000 jobs in the Ipswich area), Citiswitch and Bremner Business Parks and the Coles supermarket redevelopment – the largest in QLD. Of course the entire South East Queensland region continues to receive investment in infrastructure and experiences the insatiable demand for affordable properties.
    The time is right to take advantage of these unprecedented and positive influences for investment.