Offering a mix of liveability as is with value-adding potential
Type of Property: House
Reason of Purchase: Primary Residence3 2 2
When this time-poor Brisbane couple were looking to purchase their first home, the thought of losing their weekends and personal time to sitting on real estate websites and inspecting properties was too much. With busy lives and a demanding workload, which included a lot of travel, they needed help!
These clients also appreciated that by outsourcing the searching and purchasing process, it removed a lot of the emotional “overpaying” that first time property buyers often face when looking for their first property. This meant that by using a buyer’s agent, they would secure the right property at the right price.
This property in Morningside offers a mix of liveability as is, but also value-adding potential, which was exactly what the buyers wanted, in addition to the property offering a lovely suburban outlook.
Purchase Price: $825,000
Rental: High $500s per week or around 3.75% Gross Rental Return, which is above the area average of 3.4% Gross
Block Size: 645m2
Proximity to the CBD: 5KM Direct Line
Notes: Liveable AS IS with scope to add value, elevated position with suburban outlook