Vendor Finance available on this vacant land in Wondai

Great Opportunity to build your own design home on this really large block of land which is located within 5 minutes walk of the shops in Wondai.

The vendor is open to vendor finance on this land and is also willing to offer to registered builders "builders terms".

Terms of vendor finance are: 25% min deposit on signing of contract. Max term of 5 years and buyers pays for and agrees to a registered mortgage on the land. A bank will charge interest whereas this vendor is not and a bank will register a mortgage same as this vendor and the buyer pays for this feature of the purchase.

Your new home MUST be built on 1M high stumps and within the first 45m of Amaroo Drive.

 

Town Water and Power are available.

Connection to the town sewerage system is NOT available and therefore a septic system will need to be installed.

 
A great buy for anyone looking to build a new home.


Sealed road into the estate

 

 No penalty for early payout. Registered Mortgage to be lodged at the buyers expense. Further conditions as agreed will also apply.

This is the same as a bank loan however, there is NO interest payable with the vendor finance option. A registered mortgage is required with all bank loans, so this is a normal procedure to protect the interest of vendor.

Buyers have the choice of one or both blocks and bought as individual blocks at $40K each or as a twin purchase for just $70K, with vendor terms as above.

Lot 2 (next door) is also on the market and  available for sale either individually or as both lots. Offer of $70K for both lots will be considered.

The purchase of BOTH lots would give a buyer over 6 acres of land within a 3 minute walk of the Wondai shops.

Suburb Wondai
Address Lot 1 Amaroo Drive
State QLD
Price $40,000
Property Type residential
Property ID 111
Category Vacant Land
Land Area 1.40 ha

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Phill Costello photo

Phill Costello

0418 647 797
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Norm Fetch photo

Norm Fetch

0409 944 913
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