The Project

S & N were Sydney-based investors looking for growth and yield in a Brisbane property purchase.  We narrowed the search down to a couple of suburbs in the North of Brisbane that could provide that with a budget of $350-450k.

The Property

The property we purchased was in a great location, walking distance to local shops, with train and bus connections to the city.  The property itself was a great price for a 4-bed home in this area, and while it had been well cared for over the decades, it was in need of a freshen up before going to the rental market.  With a renovation budget of $20k, we helped to install new flooring, re-paint the full interior, opened up the floorplan in the living room, and upgraded a lot of the fixed electrical fittings.  The difference was remarkable, and when the property went to the rental market, it was quickly snapped up at an increase of around $50pw!


The Numbers

  • Listing Price: Offers Over $370,000
  • Purchase Price: $355,000
  • Estimated Rental before renovation: $340-360pw
  • Current Rental: $400pw

Client Comments

Good communication and keeping us posted throughout all stages of the process (buyers agent/rental management).  The renovation process was smooth and seamless.