Type of Property: House

Reason of Purchase: Investment

3 Bathroom Icon2 2

This property was recently purchase for an interstate client who was keen to get a solid investment opportunity in the Brisbane property market.

The property was previously listed online with a price point around the Mid $600’s, but this price point was over market and subsequently the property was withdrawn. Then several weeks later the owner listed it personally as a “for sale by owner”. The team at Hot Property then struck a deal directly with the property owner and negotiated a great price, but also competitive terms and conditions allowing the buyer to begin marketing the property for lease prior to settlement.

Fast Facts

Purchase Price: Early $600’s

Block Size: 607m2

Bed: 3 Bath: 2 Car: 2

Anticipated rental: 4.2-4.4% Gross

Distance to CBD: 8.5km

Fully fenced, two storey brick construction, internal stairs, walking distance to local shopping centre, quiet street, flood free.