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Single Contract (SMSF)
A single contract property is a requirement when buying through an SMSF in Australia. It's required to comply with ATO regulations. This type of purchase involves acquiring both the land and any buildings under a single contract, simplifying the process and ensuring compliance with SMSF rules. In general, a single contract property can be purchased by paying an initial deposit with the remainder due only at settlement (as opposed to making staged construction payments).
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Property Description
This 4-bedroom, 2-bathroom home with a 2-car garage, situated on a 514m2 block, is nearing completion and presents an ideal opportunity for Self-Managed Superannuation Fund (SMSF) investment. Its modern design and prime location make it a promising addition to any investment portfolio, combining convenience and potential for growth.
Property Details
Property Type
Single Contract (SMSF)
House area:
Build price:
186 sqm
Land area:
Land price:
Single Contract
514 sqm
Single Contract
Estimated rental return:
Estimated Yield:
$590 - $620
per week
5.08% - 5.26%
per annum
Floorplan:
Location Overview
Located just 13km south of Cairns, this suburb offers both investment growth potential and a coveted tropical lifestyle. With its proximity to the city and stunning natural surroundings, it's an ideal choice for those seeking the best of both worlds: investment opportunities and a relaxed, tropical way of life.