We Saved This Client 4.42%
Type of Property: House
Reason of Purchase: Investment3 2 2
This property is truely a great find for these busy interstate clients.
Purchased at auction from the Queensland Public Trustee this property represents a solid dwelling with future value adding potential, but also something that is very rentable AS IS, post settlement we only undertook some minor works to get the property up to speed. but still preserving the longer term opportunity for larger scale renovations and improvements.
Located in the premium pocket of Bracken ridge this property is surrounded by quality homes with a high owner occupier ratio, this strengthens the long term growth potential of the property.
Price: $452,500 Purchased at Auction
Amount we saved the client: 4.42%
Bed / Bath / Car: 3 / 2 / 2
Proximity to CBD: ~15km
Block Size: 613m2
Rental Return: $395 Per Week or around 4.5% Gross
Notes: This property has further value adding opportunity and the ability to reconfigure into a 4 bedroom hope with only minor alterations as well as Cosmetic renovation potential throughout the home.