BV was an interstate investor looking for a tidy investment property with good capital growth potential. He was looking for something low maintenance in a good location, close to transport, shops and facilities.
The property was a renovated low set rendered brick and tile property in great condition. The property was situated on in Moreton Bay on the Redcliffe Peninsula and attracted a large number of rental property applicants due to having 4 bedrooms, 2 bathrooms and a large rear shed.
- Listing Price: Offers around $560k
- Purchase Price: Purchased in a multiple offer situation for $480,000
- Current/Estimated Rental: $480 pw