Brisbane - Kangaroo Point

Investment property in a blue chip location with potential for future renovations.

As a first time investor, this Sydney based client was keen to secure a solid nest egg that would underpin the growth of her portfolio. She was looking for something that offered a balance of healthy rental return but also capital growth.

In our opinion, Kangaroo Point is the perfect blue chip location for any investor. The suburb offers growth and value that will create a strong rental return whether it requires renovation or not.

Thanks to:

Financier: Renato Mastromanno from Highview

Solicitor: Jenny Pratt from Map Lawyers

Selling Agent: Will Bertelsen of Ray White Brisbane City

Property Info

→ 13/123 Main Street Kangaroo Point

→ Apartment

→ 2 Bed, 2 Bath, 1 Car

→ 1km to CBD

Purchase Price

→ Purchase = $550,000

→ Rental Return = Mid $400’s

→ Rental Return Post Renovation = Mid $500’s

→ Renovation cost = $40,000 to $50,000

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