The Project
D & C were looking for a property to buy and hold for around 5-10 years which would provide them with generous growth to either on sell, or to become their forever home! Our task was to find a property that they not only loved, but one that would serve as a low maintenance investment property supplying them with decent rental return.
The Property
The charming beauty we were able to secure for our clients was in the sought after suburb of Coorparoo, just 15 minutes from Brisbane CBD. This Queenslander style property had the perfect balance of old vs new, with it’s heritage inspired charm and modern finishes. The spacious dual level design was complete with 4 generous bedrooms, 3 bathrooms, ample living space, as well as 2 great sized outdoor entertainment areas! It’s easy to see why this property didn’t last long on the rental market!
The Numbers
- Listing Price: Offers Over $965,000
- Purchase Price: $976,000
- Estimated Rental before renovation: $770 – $800 per week
- Current Rental: $800 per week