A boutique collection of three bedroom townhouses

A boutique collection of three bedroom townhouses
Just imagine how
good you’ll feel
inside!
Underwood Green offers property
investors and new home buyers the
highest standards in build quality and
value for money, in a metropolitan
location that enjoys competitive
rental returns and opportunities for
future capital growth.
Underwood Green
LOCATION
UPSIDE
Surrounded by employment centres, great freeway access,
Brisbane’s residential market is in recovery & Westfield Garden
regional bus services and Westfield Garden City, which is
City expansion is to be complete in 2014. New infrastructure &
expanding and just minutes away.
improving local amenities greatly improve the prospect of
reasonable capital gains.
PROJECT
Underwood Green has its design and layout just right. It is a
LOCAL MARKET
small complex with each townhome featuring 3 bedrooms; 2.5b
There is an established resale market in Underwood, with median
bathrooms; 2 car spaces; living and dining areas downstairs and
values well over the asking prices of Underwood Green. Vacancy
bedrooms upstairs.
rates are tight, rental growth is accelerating, and there are limited
new homes priced below $400,000.
DEMOGRAPHICS
Young families & single parent families – ideal townhouse
LOCAL DEMAND
residents. Underwood Green appeals not only to the local rental
There are little homes for resale and sales volumes are increasing.
demographic but to owner-residents as well.
So too are asking rents and prices in a local area that is
undersupplied.
EMPLOYMENT
Close to 40,000 people work in 10,400 businesses within a ten
minute drive, plus great freeway access allows residents to easily
travel further to work.
Visit us at
www.ardevelopments.com.au
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Underwood Green
Underwood Green consists of forty spacious three bedroom
townhouses, to be built in one stage and completed by mid 2014.
All townhouses feature modern appliances; built in robes to all
bedrooms; ensuite to master bedrooms; open plan living, dining
and al fresco areas; and secure lock up garages with additional off
street car spaces.
Like all projects by AR Developments, the rationale for Underwood
Green is an intelligent and central location in an urban growth
corridor, close to transport, shops, schools, services and workplaces.
Open Plan Living
AR Developments also apply their signature attention to detail to
Underwood Green, offering visually attractive, affordable and low
Step inside an Underwood Green townhouse and you’ll find the
open plan living areas have large ceramic floor tiles on ground floor,
maintenance properties that are ideal for first home buyers.
with split system air-conditioning to main lounge and bedroom.
These same features also appeal to residential property investors,
The well-equipped kitchen with stainless steel
and Underwood Green represents worry free investing with low
body corporate fees, lasting build quality, and on site property
management.
appliances, dishwasher, electric cooktop and range hood is ready
for any master chef. Upstairs features 3 good sized bedrooms. All
rooms are completed with large built-in robes, ceiling fans and
security screens, and a generous ensuite to the master
bedroom.
Underwood Green offers quality three bedroom townhomes from only $375,000,
which is less than the median unit price for the suburb of Underwood. Underwood
Green prices are backed by independent property valuations and you simply won’t
find better value new property in Brisbane.
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Enjoy a
leisure-filled
lifestyle
You’ll love all the lifestyle activities that Underwood Green has at
it’s fingertips.
Live close to work
Getting to work and from work is easy. Underwood Green is
located centrally in the established suburb of Underwood, and is
only 20km south of the Brisbane CBD (less than a twenty minute
drive) and only a forty five minute drive to the heart of the Gold
Coast.
Live close to transport
This abundance of services and amenity in the Underwood
catchment, coupled with easy road and public transport access
to the Brisbane CBD and to the Gold Coast, makes Underwood
Green an ideal location for investment in a proven growth
corridor.
Live close to schools
The immediate catchment (within a 5km radius) includes
numerous primary and secondary schools, both public and
independent, as well as specialised training centres.
LOCATION MAP
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Site Plan
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40 townhouses
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3 bedroom – 2.5 bathrooms
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Priced from just $375,000 to $385,000
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Expected rentals $400 to $420 per week
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Gross rental yields over 5.5%, before
depreciation
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Typical internal floor area is 145m² with
courtyard - exclusive areas increasing private
space up to 187m²
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Onsite management
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Resident BBQ Area
SPECIFICATIONS
Specifications and
Inclusions
Outdoor/ General:
Indoor:
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Contemporary Architectural
Townhouse Design
Pre-handover Professional
Clean
Termite Barriers
Clothesline with Concrete Slab
Low Maintenance
Landscaping to Townhouses &
Common Areas
Privacy Fencing
Television Antenna
Concrete Internal Roadways,
Driveways and Car Parking
(exposed, plain or covercrete)
Remote Operated Colorbond
Roll-A-Doors
NBN Ready
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Split System Air Conditioning
to Main Bedroom and Lounge
Security Screens to all Doors
and Windows
Ceiling Fans to all Bedrooms
Quality Ceramic Tiling to all
Living Areas and Bathrooms
Quality Carpet to Bedrooms
Wardrobes to Bedrooms
Linen Cupboard
Washable Paint to Walls
Modern Flush Panel Doors
with Stylish Door Furniture
Smoke Detectors (hardwired
with backup battery)
TV and Telephone Points
Energy Efficient Light Fittings
Throughout
Blinds to all Windows
Kitchen:
Bathroom & Laundry:
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Cabinetry Included
Electric cooktop
Stainless Steel 5 Function
Oven & Slide Out Range Hood
Dishwasher
Garbage Disposal
Tiling from Benchtops to
Underside of Cupboards
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Modern Chrome Shower and
Tap Fittings
Gloss Enamel Vanities
Included
Full Ensuite to Main Bedroom
Exhaust Fans to Bathroom
Disclaimer:
1. AR Developments reserve the right to modify design and specification
level without notice. Purchasers should inform and assure themselves by
inspection, independent advice or as otherwise necessary prior to purchase.
2. Proposed external and internal finishes are subject to change.
AR Developments reserves the right to substitute similar colours or
products depending on availability and/or cost constraints.
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AR Developments:
Creating Communities
Designed for a perfect fit
Right from the start, our estates and townhouses are designed
Since 1994, AR Developments has specialised in designing and
building high quality ‘turnkey’ townhomes for families and
investors that hold their value in uncertain markets and grow
with first homebuyers and property investors in mind. That’s
why we focus on value, building high quality townhouses at
affordable prices. Our properties are sized, finished and priced
strongly in healthy ones.
just right to give growing families room to move and guarantee
With proven expertise in land acquisition, estate sub-division,
spacious, comfortable, low maintenance living in a convenient
and contract building, we create new lifestyle and investment
investors many happy returns. It means homeowners enjoy
setting. Investors can count on strong rental demand and
opportunities at affordable prices.
reliable returns in all market conditions.
Quality you can feel
Happiness starts at home
Some of the best features of an AR Developments townhouse are
At AR Developments we specialise in contemporary townhouses
hidden from view. Foundations are sound, frames are true, floors
are level, walls are square. It may seem basic, but it makes a big
difference. By not cutting corners, we help protect homeowners
and investors from unnecessary worry and expenses for years
to come. We aim to create maintenance savings that can add
thousands of dollars to the family budget or investment bottom
line. We can insist on this kind of approach, because we own the
building company responsible: AMJ Builders.
in strategic estate locations. The reasons are simple. Our
townhouses typically feature up to three bedrooms, 2.5
bathrooms and lock-up garages for between $300,000-$450,000.
That makes them affordable for growing families and sets a
foundation for capital protection and growth long into the
future. From a lifestyle perspective, townhouses offer an ideal
blend of low-maintenance living outside and generous space
within.
AR DEVELOPMENTS
The key to a worry free
future
A reputation built project
by project
When you purchase an AR Developments property as a home
Our credentials are on permanent display around Brisbane and
or investment, you can expect to receive a genuine ‘turnkey
South East Queensland: a portfolio of thriving estates, a track
package’. Our handover kits are famously thorough. We even
record of deadlines achieved and promises delivered with
collate all the warranty documentation for your applicances, just
relentless consistency.
in case you need them down the track. If you plan to rent out
your property, we will add a special inclusion where possible: a
pre-qualified tenant in place from day one.
RECENT COMPLETED PROJECTS
DESCRIPTION
COMPLETED
Highgrove Manor, Benhiam Street, Calamvale
32 lot townhouse sub-division and construction project
2011
Gumtree Woods, Persse Road, Runcorn
49 lot townhouse sub-division and construction project
June 2012
Aspect North, Photonia Crescent, Mountain Creek
57 lot townhouse subdivision and construction project
March 2013
Narangba Valley Square, Young Road, Narangba
46 lot townhouse subdivision and construction project
July 2013
CURRENT PROJECTS
DESCRIPTION
Aspect North II, Photonia Crescent, Mountain Creek
67 lot townhouse sub-division and construction project
EXPECTED
COMPLETION
Stage 1&2: Jul 2014
Stage 3: 2015
Wynnum Woods
62 lot townhouse sub-division and construction project
Stage 1: Mar 2014
Stage 2: 2015
Underwood Green
40 lot townhouse subdivision and construction project
July 2014
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www.ardevelopments.com.au
07 3333 2004
DISCLAIMER
AR Developments does not provide advice on investments. All interested parties must rely on their own research before making any investment decisions and should seek advice from a qualified Financial Planner or similar
professional. All information provided in this report is collated from various sources and provided in good faith to assist you in conducting your due diligence. We have in preparing this document used our best endeavours to
ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or mis-statements contained in this document.
Prospective purchasers should make their own enquiries to verify the information contained in this document. We recommend that all interested parties seek a professional legal opinion of the contract and any additional terms or
clauses.