Type of Property: House
Reason of Purchase: Investment3 1 1
People in Sydney often say that they wish they had a time machine, to go back 10-15 years and buy as many Sydney properties they can afford and hold onto them for dear life. Well we don’t have time machines yet, but there is still Brisbane Property, Brisbane is like taking a step back in time, its like Sydney 10-15 years ago.
When we were appointed by our Sydney based client they wanted to purchase a quintessential Queensland property, in an trendy inner city suburb that has strong capital growth potential.
After leaving no stone unturned our team found this great investment property which offered a great mix of proven history of growth, as well as future opportunity.
Bed / Bath / Car: 3 / 1 / 1
Block Size: 405m2
Purchase Price: Mid $700’s
Rental Return: Low to mid $500’s Per week
Capital growth rate: 8.3% P/A over the past 5 years
The property also offers future value adding potential, with scope to raise and build in or even extend the home, given the location, elevation and area demographics the sky is the limit when it comes to value adding potential.
These clients realised the having a Brisbane Buyers Agent on their side gave them an advantage in a market they were not familiar with, and after the process finished they were glad they did.