Type of Property: House

Reason of Purchase: Investment

3 Bathroom Icon1 2

This great investment property was recently purchased for a rural client looking to diversify their investments off farm, and needed on the ground assistance with the purchase here is Brisbane.

After reviewing their current portfolio it was found that the next property that needed to be added to their portfolio was a house, something with good land component, and future renovation upside potential.

The ideal property was purchased in Geebung on Brisbane’s Northside, a 3 Bedroom 1 bathroom home sitting on 683m2 which is a premium sized block for the area. This property was secured Off Market which enabled our team to negotiate a great deal for the buyer, securing the property well under current market price. The property was tenanted at time of purchase meaning no down time or vacancy after settlement. 

Another great result for the Hot Property Team, and our clients.

Apologize for the average photos, due to the property not hitting the open market no professional photos where taken of the property at time of purchase. 

Testimonial

Thank you to Zoran and the Hot Property team for finding me a fabulous little investment which after just two months has increased in value by $50,000! S, Coleman – 2016