J & A were interstate investors seeking long-term capital growth with a budget of up to $630k. Looking within 15km of the Brisbane CBD, they specified a yield of at least 4.3%, and preferred a character house within walking distance of a train station, with potential to add value through cosmetic renovation.
The property we purchased was a very tidy post-war house in a quiet pocket of a popular suburb. With a renovated kitchen and polished floorboards, half of the work has already been done, with potential to add value in the bathroom in the future. This style of house is highly sought-after in Brisbane and we try and snap them up whenever they come to market! Close to the train, shops and schools, this has proven to be popular on the rental market with a recent advertising campaign needing only 2 inspections before fantastic new tenants were found!
- Listing Price: FOR SALE
- Purchase Price: $570,000
- Current/Estimated Rental: $460pw
“Thank you for all of the hard work you and your team have done for us to get this property! We certainly couldn’t have done it without you, and your services really helped make the process as easy as possible with us both being interstate (with all of us in 3 different states at times!) and even overseas, yet the process was always so well explained and helped make a daunting process become a very smooth, easy to understand one.
I’m glad I took the time to research buyers agents before making a choice and your outstanding customer satisfaction which was visible on many forums and articles, led us to your team. I will be sure to add our great experience to the many forums I read to further recommend your team to others.
Thanks again, and we look forward to continuing to work with you through the property management of our new house and maybe for some more house hunting in a few years!”