Brisbane Bald Hills
At settlement Hot Property Management took over from the previous agency and was able to resign the tenants on a new lease with a $30 increase.
We helped this client buy an investment property in 2016, in that time our client stuck to their property strategy and used our renovation consulting service to complete a renovation between tenancies.
After doing the renovation, they had the property valued and they were then able to pull some equity and go on and purchase their 2nd investment property using the assistance of our Buyers Agency Service.
The clients wanted a low maintenance set and forget property, and that is what they got. The property was already tenanted, however we felt that the rent was under market value, at settlement Hot Property Management took over from the previous agency and was able to resign the tenants on a new lease with a $30 increase, bringing it back into line of where the market value was.
Property Type
House
Reason of Purchase
Investment
The Space
3 beds / 1 bath / 1 car
Price
$705,000
Rental Return
$430 per Week
Proximity to CBD
19km
Call us or fill in the form below to get your property journey started today.
There’s no telling how many opportunities can come from just one little conversation – so get in touch today. We’d love to catch up and discuss how we could help you!