Brisbane - Mount Gravatt Unit Block

Amazing investment with upside!

We all know buying in bulk has its benefits, well buying property is no different!

This 6 pack of units was purchased from its original owners all in one line on behalf of our time poor clients. These investors where local but just didn’t have the time to invest into their own property purchase. This is where the support and guidance of Hot Property Buyers Agency really helped!

Moving forward the plan will be to attend to common area improvements and bring the property up to speed. As units become vacant, we will look to undertake renovations to improve the rental yield and value.

Property Info

→ 1-6/ 49 Mountain street Mount Gravatt

→ Block of 6 Strata titled units

→ 2 Bed 1 Bath 1 Car

→ 15km to CBD

The numbers

→ Purchase Price = Mid $2 million

→ Rental return at purchase = $2230 per week Or 4.63%

→ New Rentals = Mid $400 per week of over 5% Gross

→ Investing around $300,000 post purchase in renovations across the building

Ready to find your next property investment?

Contact our experts today to get started.