If you are considering investing in Hervey Bay real estate rental properties; turnkey package is a phrase you will want to take note of as a brand new move in ready home is one of the best real estate options when it comes to buying a rental property.
What Exactly Is a Turnkey Package Property?
A turnkey property is one that is move in ready and the good news for real estate investors is that the home can be purchased, settled and then rented out immediately. Since there is no refurbishment or maintenance required, the new home is ready to begin generating rental income straight away.
When looking at new house and land packages, ensure that the package you are considering is a turnkey package as the term can sometimes be subjective. Make sure that the terms complete and/or move in ready include everything that you expect to be included— is turf, fencing, driveway, mailbox, clothesline, flooring and window coverings included? And what about superior, deluxe or executive inclusions? Total turnkey real estate rental properties are those homes that requires absolutely zero additions meaning that the tenant can move in straight away.
Total Turnkey Rental Properties 100% Fixed Price Guarantee No Hidden Costs
We guarantee a 100% fixed price with no hidden surprises on all our Hervey Bay turnkey homes. The homes have absolutely everything needed to attract quality tenants to their new home. They can literally turn the key and move in!
Which is Better? Brand New House and Land Package or an Existing Home?
There’s a bit of conflicting advice regarding which real estate rental properties are the better option— the brand new turnkey house and land package or an existing home that’s been totally renovated?
Established homes do make good rental investment properties, especially those that have been renovated with no maintenance required or are only a few years old. However, buying turnkey properties may be a better option for local real estate investors since the house is brand new and comes under a full builder warranty.
We believe that house and land turnkey packages provide the best investment solution for investors for several reasons including:
• Equity Uplift via Building
• Builder Warranty
• Builder 12 Months Maintenance Period
• Less Maintenance Requirements
• Higher rental return / yield
• Higher Resale Value
• Greater Tax Depreciation Benefits
• Higher Demand Emerging Demographics
Hervey Bay Turnkey Package Rental Properties
Hervey Bay is one of the best places to invest in property. Rental properties located in the new housing estates located in Urangan, Kawungan and Eli Waters have a great deal to offer young and old alike living in the area. The newly master planned neighbourhoods are a short drive to the gorgeous beaches of Hervey Bay as well as restaurants, cafes, parks and bike-paths. They’ve also considered necessities like shops, schools, medical, transport, community centres and so on.
Statistics reveal that the coastal city has experienced steady population and economic growth, good infrastructure and demographics ensuring that new homes in the area will perform to high standards and maximise rental returns. There is always a steady demand for quality properties to rent in the region.
Recapping, a brand new move in ready home means not having to waste time fixing or adding things but instead being able to rent the house out straight away. And there are no added or hidden costs. Let’s be honest— the best real estate rental properties are those without nasty surprises and/or problems!
If you’d like to know more about the new turnkey homes we currently have available; take a look at our New House and Land Packages right here. Get in touch to arrange an inspection of the properties at your convenience. We’re here to help.
And a quick word about choosing a rental agency to handle your new rental home— not all rental agencies operate equally. We strongly advise that you ask around for recommendations when it comes to choosing one that will look after your rental property as if it were their very own. We’d be happy to provide you with our recommendations.