Display Home w/ Leaseback!!

6 Bed  •  3 Bath  •  2 Car  •  492m²

Main view of Homely house listing, 21 Grafton Street, Spring Mountain QLD 4300
Floorplan of Homely house listing, 21 Grafton Street, Spring Mountain QLD 4300
Second view of Homely house listing, 21 Grafton Street, Spring Mountain QLD 4300
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21 Grafton Street, Spring Mountain QLD 4300

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Display Home w/ Leaseback!!

  • 6
  • 3
  • 2
  • 492m²

House for sale4 days on Homely

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House description

“$200k+ Luxury Upgrades with approx. $84,000 returns per year”

Buying a display home, you know you're buying with premium materials, high attention to detail which are sure to impress. Stunning kitchens with upgrades galore to resort style bathrooms with high-end finishes will have you saying 'wow' in every room.

If you're a smart investor and looking for a reliable income stream while the property continues to be showcased and maintained to the highest standards providing a 6% leaseback opportunity with no agency management fees until March 2027 – but wait… it gets even better, there's 2x1 year options for the builder to extend so you could have up to nearly four years leaseback. When the leaseback is finished – either move into the luxury display home or rent out the home – current market rent is approx. $1,300 per week and current rents increasing at approx. 8% per year, this could be much higher once the lease back has finished.

Not only is this display home located in one of the most in-demand developments in Australia it's also the best block in the display village – directly overlooking the parklands and bush.

This multi-generational style home features:

Downstairs – self-contained two bedroom living zone with kitchenette, bathroom and living area, creating the perfect space for aged-parents or older kids that still want to be close to the family but also need their own comfort and privacy. There's also a study that could be used as wfh space or even home business.

Upstairs – as you walk up the stunning glass balustrade staircase into the open plan kitchen dining and living that has views not only the parklands but also the rear yard – you'll first hand experience the lavish detail this home offers with literally everything upgraded. There's a separate kids zone with three bedrooms, activity space and bathroom away from the master bedroom and main living area. The resort style master bedroom with large walk in robe and make-up station, luxury ensuite and private balcony over-looking the parklands – perfect place to enjoy your morning coffee.

Other amazing features of this home you'll love:

o – 6 bed multi-generational design
o – Three living spaces
o – Luxury upgrades throughout – too many to mention
o – Ducted air con
o – Side access on corner block for easy install of future pool
o – Large 492sqm land feels much larger with a two-storey home
o – Approx. 280sqm house size
o – 6% leaseback until March 2027 with 2x1 options for builder to extend
o – High yielding investment with strong potential growth in popular development
o – Plus much much more…

Be quick – investment opportunities like this are very rare – for a private inspection, please contact Andy Nutton.

Disclaimer:
*Important. Whilst every care is taken in the preparation of the information contained in the marketing, Purple Cow Real Estate will not be held liable for any errors in typing or information. All information is correct at the time of advertising.

Land details

Area: 492m²

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21 Grafton Street, Spring Mountain QLD 4300
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