97 Sherwood Road

To enquire, please email or call 1300 815 051 and enter code 4144 DO YOU HAVE GOOD FRIENDS TO BUY A HOUSE JOINTLY AND LIVE TOGETHER THIS IS THE IDEAL HOME FOR A GROUP OF 3 to 6 FRIENDS If you are currently paying a rent of $250/week or more and living jointly with others, you can easily buy this house and be debt free in less than 11 years' time if your weekly income is $1000 or more. If you want to know how, please contact the current owner of the house who started his real estate investment 27 years ago with an hourly income of $9.50 as a permanent casual worker in Brisbane. This property is on a generous 498m² block, the home offers 341m² of thoughtfully designed living space, perfect for large or multi-generational families. Six bedrooms and seven bathrooms provide exceptional flexibility and comfort, while a single, bright living area flows seamlessly to the outdoors. Key features - Land: 498 m²; Floor area: 341 m² - 6 bedrooms and 7 bathrooms - 1 spacious living area - 4 onsite car space + 2 remote controlled tandem carparks. - Outdoor Entertainment Area - Large Indoor Entertainment Area in downstairs (18.7mx3.5m) under cover with lots of windows for natural light and air. - Fully fenced for privacy - Balcony for relaxing with a view - Dishwasher space in the kitchen - Built-in robes in all 6 bedrooms - Secured parking - Broadband / NBN connection Additional benefits - Modern kitchen with practical storage and integrated appliances - Plenty of lockable storage area in the kitchen for the tenant of each bedroom - Easy-care finishes and plenty of natural light - Convenient Rocklea location with access to parks, shops, transports, schools, hospitals, universities This property offers exceptional room to live and grow, plus the convenience of onsite parking for 5 without the need of moving cars. Upper concrete floor is fully tiled with low maintenance. Concrete slab separates ground floor from 1st floor with additional fire safety. Core filled reinforced concrete block works with plenty of large windows gives plenty of undercover low maintenance enclosed area to share by all. In case of family gathering or party, 15 cars can be parked onsite. 4 at the back, 5 under cover, 6 at the front. For more details or to arrange a viewing, contact us today. ======== The owner, who started his career in Australia as a casual worker in January 1997 and bought his 1st owner occupied property in Jan 1999 would like to encourage the low-income earners to invest in this property as owner occupier and investor and be debt free in less than 20 years even if the savings from salaried income is $400/week or more. The owner believes, if you invest in this property, in next 30years, you will be able to buy the whole house even if your income does not increase more than the inflation rate of 2-3%. If you want to know how, please meet the owner and get the tips to become a property investor even if your income is low. The owner received an offer of $1.1m for the whole house from an investor but did not sale since his expectation is to help low-income earners to buy their own homes for mutual interest. Price Guide: 2-bed, 2-bath, 2-car space $500,000 with 33.3% share jointly with others. Minimum rental return $300x2x52 = $31,200 / $500,000 => 6.24% 3-bed, 3-bath, 3-car space $750,000 with 50% share jointly with Current owner. Minimum rental return $300x3x52 = $46,800 / $750,000 => 6.24% 4-bed, 4-bath, 4-car space $1.0M with 66.7% share jointly with current owner. Minimum rental return $300x4x52 = $62,400 / $1,000,000 => 6.24% 5-bed, 5-bath, 4-car space $1.2M with 83.3% share jointly with current owner. Minimum rental return $300x5x52 = $62,400 / $1,200,000 => 6.5% In case you buy the 83.3% of the property (5bed-bath-5car), the current owner will sign a legal document with a guarantee that the 6th bedroom will never be rented out. It will be used for personal use and will be bound to sell to the new owner at 16.7% of the than market price of the house. ======== DETINATION DISTANCE FROM 97 Sherwood Rd, Rocklea: Rocklea Station 1.2 km Solo Petrol station 300 m 5min walk 598, 599 Bus Stop 200 m 2min walk Solo Petrol station 300 m 5min walk Caltex 24hr Petrol station 400 m 5min walk Brisbane Market 700 m 10min walk Rocklea State School 1.3 km LOCATION DISTANCE FROM 97 Sherwood Rd, Rocklea: HOSPITAL (Emergency) QE II Hospital 6.0 km PA Hospital 6.4 km Mater Hospital 7.7 km South Bank 8.7 km Brisbane Casino Precinct 10.0 km Queen St Mall 10.0 km To enquire, please email or call 1300 815 051 and enter code 4144