C&M were seasoned investors seeking long-term capital growth with a budget of up to $600k. Looking within 15km of the Brisbane CBD, they were after a property that would be immediately rentable with minimal work, and was located close to infrastructure and services such as transport, shops, and education.
The property we purchased was an adorable 3-bedroom house only 5km from the Brisbane CBD, and a fantastic 4min walk to a train station. With a solid frame, but in need of some TLC, we were able to secure this property prior to auction for a great inner-city price. Soon after settlement, we got to work arranging to have the floors polished and moved a key section of interior wall to enhance the floor-plan. With a few more minor cosmetic touches, the transformation was complete, and the property was ready for the rental market.
- Listing Price: Auction
- Purchase Price: $500,000
- Current/Estimated Rental: $400pw
“Excellent communication. Good organisation processes set up e.g. online folders. Acted as a team in your approach. Achieved property goal.”