Brisbane — Bray Park

16 Brace Close Bray Park After Renovation

How we helped James buy, renovate and lease his second investment property, all while he was working on holidays.

The Situation

James came to Hot Property Buyers Agency to secure a first home last year, and after benefitting from strong growth was in a position to go again with an investment property purchase.

Working full time and renovating his own home, James found himself with minimal time to invest in his property search so he once again engaged Zoran’s services to assist in the search, purchase, renovation and management of this investment.

The Strategy

We began the hunt looking for a dwelling that was structurally sound, but perhaps a little run down and dated that we could cosmetically renovate and refurbish to enhance the rental yield and manufacture capital growth.

After pursuing a few different properties, Zoran was able to find an off market opportunity and purchase it at a competitive price. The client then had the cash available to undertake a post settlement renovation that dramatically improved the yield of the property, making this a great low-maintenance, set and forget investment.