This beautiful property was purchased on behalf of an interstate investor, looking to secure a neat and tidy home with no works needed.
Type of Property: House
Reason of Purchase: Investment3 1 2
This property is located in a growing suburb of Brisbane called Stafford Heights, around 8km from the Brisbane CBD. The strategy for this purchase is long term hold, with the scope in the future to add further value as the area gentrifies.
As a part of the expert negotiation we were able to include a rental clause allowing our sister company Hot Property Management to secure a tenant prior to the property settling. It achieved 4.3% gross rental yield and only 3 days down time between settlement and tenant occupancy. The property also offers great depreciation benefits, and sits atop 640m² of elevated land