Testimonial
Me and my family have purchased multiple properties together. We find there is strength in numbers. Working in the real-estate industry the buck usually stops with me. I knew that we needed to diversify where we held property. I did not have the time or the patience to research cities I personally did not know. My financial adviser recommended that I speak with Providence. I am so glad that he did, because Providence was fantastic. We have always gone with newly built houses which over many years we have done very well out of. Providence was there to iron out any hiccups and negotiated some terrific upgrades, which just transformed the property. The support team were amazing, they organised my visit to the property and even took care of my travel from the airport. They were always available when I needed to speak with them and made me feel in control the whole time. I have already recommended them to other family and friends.
Maria - Investor
North Brisbane
- 4
- 2
- 2.5
- 2
4 bed, 2 living, 2.5 bath, 2 car
Investment details
- The clients requested a newly built house. Providence located and assessed an existing property in an established suburb. After successful negotiation and purchase, Providence recommended an appropriate builder to demolish the existing dwelling and build the clients ideal investment property
- 450 m2 of land and 218 m2 of living space
- Providence worked with the clients selecting the most appropriate facades, inclusions and upgrades
- Providence managed the builder enabling the client to get on with their busy life
Key Investment Drivers
- Suburb showing well above average long term price growth
- At completion the property was yielding 4.5%
- Low suburb vacancy rate of 1.9%
- Qld Government forecast population growth of 3.8% p.a. over next 20 years above Brisbane average of 1.7% indicating increasing demand
