12 Benwerrin Road
Loganholme QLD 4129
3 Bed • 1 Bath • 2 Car • House
The sellers have had an independent valuation and the properties are marketed at the current valuation. All offers will be presented. Lot 1 (house) 866m2 with established house $365,000 Easy to convert to a 4 bedroom 2 bathrooms double story home at minimal outlay. Lot 2 $240,000 Negotiable flat block suit double story Lot 3 $335,000 UNDER OFFER Lot 4 $255,000 SOLD First home vacant land concession You can claim a first home vacant land concession for transfer duty when acquiring vacant land to build your first home, if you meet certain requirements. The first home vacant land concession only applies to vacant land valued under $400,000 and can save you up to $7,175. You do not have to be an Australian citizen or permanent resident to claim a concession, but you must meet the eligibility criteria. Additional foreign acquirer duty may apply if you are a foreign person. Eligibility To be eligible for a first home vacant land concession when you buy or acquire vacant land, you must: have never claimed the first home vacant land concession on another project have never held an interest in a residence anywhere in Australia or overseas be at least 18 years of age (we explain below when we may waive this requirement) be paying market value if the vacant land is valued between $320,001 and $399,999 build your first home on the land, move in with your personal belongings and live there on a daily basis within 2 years of settlement only build 1 home on the land be certain there is no building, or part of a building, on the land when you acquire it not dispose (sell, transfer, lease or otherwise grant exclusive possession) of all or part of the property before you move in. To keep the benefit of the first home vacant land concession in full after you move in, you must not dispose of all or part of the property within 1 year. A partial concession may apply if you dispose within 1 year. Use our home concession eligibility tester to find out if you are eligible to claim a concession. For more information, read the public ruling on occupancy requirements for homes and first homes (DA085.1). Two or more acquirers Provided you qualify, you can claim a first home vacant land concession on your interest (or share), whether or not other acquirers also qualify. How much you will pay The first home vacant land concession is calculated at the transfer duty rate minus the first home vacant land concession amount. If the vacant land is valued under $250,000, the first home vacant land concession means no duty is payable. You can use the transfer duty estimator or rates for home concession to find out how much duty you may have to pay when you buy vacant land. . Yes that is correct- 866m2 flat corner block with a house "Inspections by Appointment Only"
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