Lot #2
Raffles Street Apartment
Price
$619,900
Located in the extremely desirable suburb, Mount Gravatt East which is increasing in value everyday, this prime location cannot get any better. Walking distance to Mount Gravatt Plaza and Mount Gravatt Central with essential amenities including supermarkets, banks, and eateries. For major shopping hubs, just a short drive to Westfield Mt Gravatt and Westfield Carindale and less than 10kms from Brisbane CBD, all easily accessible by public transport.
The building offers a selection of apartments accessible by lift, boasting great views of Mount Gravatt Mountain. A combination of 2 bedroom 2 bathroom and 2 bedroom 1 bathroom. While they were built in 2015, they present a valuable investment opportunity.
The building has been held by the developer until now, and they are committed to facilitating any necessary rectifications to ensure the property meets current standards. There are no significant concerns regarding the building’s condition. Despite their age, these units are in good condition and present an excellent opportunity for your clients due to the proactive measures taken to maintain and enhance their value.
*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us.*
Completed – built in 2015
Do I Qualify?
Eligibility Criteria
The Following Eligibility Criteria Will Apply
- Available for ‘Brand New’ purchases only; including townhouses, apartments & freestanding houses
- Purchase must be made through one of FHBA’s partner’s or a new property provider approved by FHBA
- Your ‘first home loan’ must be arranged through FHBA Mortgages (exceptions may apply)
- The FHBA 50 Rebate is paid in addition to your State’s First Home Owners Grant & Stamp Duty concessions
- Complimentary Insurance Consultation with FHBA Protect to ensure you are protected
- You must agree to the full terms and conditions outlined in our client agreement new homes service before buying
How much is it?
Eligible FHBA first home buyer clients will be entitled to a 50% cash rebate on the total referral fees paid to FHBA (FHBA Pty Limited) from the new home provider you proceed with (should FHBA have a referral agreement with the provider)
The FHBA 50 Rebate will typically range from $2,500 to $12,000 depending on factors such as the property type, property location and property builder.
The rebate will be paid after the full referral fees are received by FHBA from the new homes provider first
Eligible Properties
To be eligible, the property must be from an FHBA new homes provider partner or approved by FHBA first
- House & Land
- Apartment
- Townhouse / Unit
- Display Homes
- Dual Living
- Dual Occupancy
- Duplex
- Studio
Example
A first home buyer couple meet an FHBA Coach and tell the Coach about their desired property. After working out their budget, the Coach show’s them a range of properties from FHBA’s New Homes partners. The QLD couple are interested in a house & land package through an FHBA partnered builder. The builder completes the sale with the client including some custom inclusions. The builder pay’s FHBA an agreed referral fee of $15,000.” “The couple will be entitled to the following government grant and incentives:
| Incentive Type | Amount |
|---|---|
| QLD Govt. FHOG Grant (2016/17 FY) | $20,000 |
| Stamp Duty Payable | NIL |
| FHBA 50 Rebate (50% of $15,000) | $7,500 |
| Total $ Incentives | 27,500 |
Please note that the FHOG and incentives are subject to change.