Investment Summary:
• 159 Ridley Road, Bridgeman Downs
• 13 Individual Land Lots
• JUST ONE LOT REMAINING; Lot 13 (Large 646sqm land parcel)
• Single storey fixed price and turnkey package for $1,268,800
• Two part contract process; contract with land developer, contract with builder (finance on both combined together)
• Now completed — can now purchase subject to finance.
• Successful valuations to date
• Titled and ready to settle
• CMS scheme i.e. a small BC levy per annum of around $1,300. This covers insurance and maintenance of the driveway and keeping the landscaping looking really nice to give this little subdivision a quality edge on the rest of the market. We are also exploring the idea of gating it, which is a great opportunity.
• Close to schools, shops are around the corner and lots more
• Quiet street with nice outlook onto the natural bush backdrop
• Buying below the median house price; purchase for $1,100,000 vs current $1.3m median (very hard to replicate in other suburbs of Brisbane)
• Select custom packages with Ausbuild (fixed price and turnkey packages)
• Currently single storey packages available, double storey possible upon request
• Good quality standard finishes to the homes i.e. ducted AC. However, upgrades available
• Defects periods in place after completion, and 6 year structural warranties (good sleep at night factor)
• Rentals over 4% gross but room to grow even higher come completion
• Sales appraisal and comp sales showing instant equity up to $100,000 at completion
• Moments from shops and transport. Carseldine Central Shops is under 5 mins walk away

Overview:
Bridgeman Downs is a well respected blue-chip suburb of Brisbane with a current median house price of circa $1.3m. New housing in an area like this will put investors in a superior place for continued capital growth over the short, medium and long term.

For any of your investors with budgets around $1.1m-$1.3m, there is no better blue chip package offering on the Northside of Brisbane than this. We are priced the same as packages currently selling in inferior areas.

Even 4 bedroom townhouses in areas like this are now fast approaching $1m or slightly over, so securing a home on 400sqm for not much more shows some amazing value buying.