Type of Property: House

Reason of Purchase: Investment

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We were looking for a renovator for our client and when we  got the hot tip from a selling agent who had this property off market in Keperra, we jumped at the chance.

The property was tenanted and Brisbane was in lockdown, so getting through the property to inspect was tough. We were able to get the latest routine inspection from the property manager and we could see the photos online from when the property was advertised for rent, giving us enough information to start our desk based research to see if the property would suit our clients needs.

As soon as lockdown was lifted, we got through to personally inspect the property and it met all of ours and our clients expectations. The property as is, is very rentable however there are many opportunities to add value, which is exactly what our clients were after. We were able to secure the property for under our clients budget, meaning they have more funds in the kitty for their upcoming reno.

The location is close to public transport, schools coffee shops and local shopping centres making it an ideal spot in Keperra for families to rent. 

If you’re looking for a Brisbane Investment Property then your first call should be to Brisbane’s best buyers agent team at Hot Property.

Fast Facts:

Price: $675,000

Rental Return: $480 Per Week with scope to improve

Block Size: 607sqm

Proximity to CBD: Under 10km