C was an interstate investor looking for an investment property which would provide steady capital growth, along with decent rental yield. With the intention of long term buy and hold to allow for a second purchase in the near future, we were able to secure an ‘almost new’ property in a prime location on the Peninsula in Brisbane’s North.
The property was a completely renovated high-set home just minutes from the waterfront, on the sought after Peninsula of North Brisbane. The home had recently undergone a complete renovation, from top to bottom, as well as inside and out, which will serve as a fantastic low maintenance, straight forward rental property for years to come. The block could also allow for additional development in future by way of adding a granny flat to the generous lot for the added growth opportunity, or could continue ticking away as a spacious and modern family home from here on out!
- Listing Price: Offers Over $500,000
- Purchase Price: $495,000
- Estimated Rental: $450 – $480 per week
- Current Rental: $460 per week