Type of Property: House
Reason of Purchase: Investment4 2 2
Located in a quiet cul-de-sac in Nudgee, this modern 4 bed 2 bath 2 car house offered our client a solid investment opportunity with scope to add value in the future if desired.
Flying under the radar in this hot Brisbane market is the suburb of Nudgee, which is where our investment property buyers agents at Hot Property secured this great family investment property for our client.
We spotted the value proposition in this market; as smaller homes were selling for more money in nearby suburbs, so the purchase of this property was a no brainer!
Purchase Price: Early $700,000’s
Rental Return: $540 – $580 Per week or around 3.9% to 4.25% Gross
Bed/ Bath/ Car: 4 Bed 2 Bath 2 Car
Proximity to CBD: 12m2 Direct line
Block size: 632m2