Brisbane - East Brisbane

Secured $30,000 below sellers reserve, yielding 5.5% post refurb!

Property Info

→ 5/28 Clarendon St East Brisbane

→ Unit

→ 2 Bed, 2 Bath, 1 Car

→ 4km to CBD

→ $471,000 Purchase Price

→ Post Settlement Refurbishment $15,000

→ Rental return $520 Per week or ~5.5%

At Hot Property Buyers Agency, we take pride in helping our clients secure their dream properties at the best possible prices. Recently, we had the pleasure of working with an investor client who was looking to expand their portfolio with a property in East Brisbane. After careful research and analysis, we identified the perfect opportunity for them – a 2-bedroom, 2-bathroom, 1-car unit at 28 Clarendon St.

This property ticked all the boxes for our client – it was located in a prime location within walking distance to local ferry services, and located within a boutique complex with low body corporate fees, and it had potential for value-add through cosmetic refurbishment.

Using our extensive network and industry expertise, we negotiated a competitive price that was well below the market value. We also ensured that all the necessary inspections and due diligence were carried out to guarantee that our client was making a sound investment.

Our client was thrilled with the outcome and grateful for our professionalism and dedication. We are now in the process of renovating the property to increase its rental value and are confident that it will provide them with strong returns in the long run.

At Hot Property Buyers Agency, we understand that every client has unique needs and preferences. That’s why we go above and beyond to provide personalized solutions that align with their goals. If you’re looking to invest in the East Brisbane property market, get in touch with us today to see how we can help you secure your dream property.

Thanks to:

Financier: James McCoombe from NAB Health

Solicitor: Jenny Pratt from Map Lawyers

Selling Agent: Chris Lawsen of Harcourts Inner East

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