Melissa was a first time investor looking to buy on the Sunshine Coast. She was looking for something close to the beach, facilities and services and in a rentable condition with some future potential for value adding but recognised her budget of $550k would be entry level for the area.
The property we purchased was a low set brick property on a good sized block in Currimundi, walking distance to shops, Currimundi Lake and Surf Beach. A short drive to major shopping centres and the new hospital precinct in Kawana.
The property had been cosmetically renovated inside apart from the bathroom but offers some further potential to improve the bathroom and the external appearance of the property.
- Purchase Price: $522,500
- Rental: Very popular rental property, achieved $460pw within days of advertising