T & L were interstate investors looking for an investment property as close to the CBD as possible for their budget. They were keen on a property with at least 600m2 of land and requiring little to no renovation work.
The property was a renovated low set weatherboard post-war property which had been extensively renovated and included a large outdoor entertaining area. The property was situated in the North of Brisbane, less than 10km from the CBD.
- Listing Price: Purchased off-market before publicly listed, asking price high $500ks.
- Purchase Price: $569,000
- Current/Estimated Rental: $460 – 470pw
T&L have now gone on to purchase a further investment property with Property Zest.