Greater Brisbane - Loganlea

 

Interstate Investor secures entry level investment property!

 

Property Info

→ 3 Caulfield Drive, Loganlea

→ Free hold house with 450m2 of land

→ 3 Bed, 1 Bath, 1 Car

→ 25km to CBD

→ Purchase Price $541,000

→ Rental Assessment $460 - $510 Per week

When it comes to a Sub $600,000 budget, the Brisbane market has limited options these days for investment grade properties, however, there are still options if you know where to look.

Loganlea has been a growth area for several years, featuring a train station with express train services, and the expanding Logan hospital in the adjoining suburb of Meadowbrook.

When buying an investment property Brisbane has a lot of options, but once you get to the Sub $600,000 its a real toss up between Units/ Townhouses & Houses. This client was adamant to secure a property with land, and we agree it’s certainly our first preference if budget allows. A property like this offers a dwelling that is rentable AS IS with no works needed, but also longer term value adding opportunities.

Maddyson Solano from our team headed up the purchasing of this property and managed the process for this buyer.

Thanks to:

Financier: Minh Nguyen from ANZ

Solicitor: Map Lawyers

Selling Agent: Andrew Achilloes from All Suburbs Real Estate

 
 
 

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