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INVESTOR PURCHASE OF THE MONTH

Amazing high-quality townhouse secured in trendy suburb just 2.5km from Brisbane CBD!

Highlights

  • October 2021 Purchase
  • In a hot market, we searched, assessed, provided cashflow modelling, made a plan and moved decisively in a multi-offer negotiation
  • Our superior terms helped us edge another competitive offer
  • Repeat clients over the moon after securing their second high quality asset through local-on-the-ground Buyers Agents from Providence
  • Secured tenants to move in from settlement at a fantastic 4% yield

How the deal happened:

  • After being very happy with an initial investment house purchase in Brisbane through Providence, our valued clients returned for a second purchase with a higher yield.
  • Due to the clients healthy budget, we advised a large townhouse in a prime inner suburb in a smaller complex to provide a higher yield to reduce holding costs but still achieve strong capital growth.
  • Due to the quality of the property and the hot market conditions we knew we had to move quickly
  • We made a strong but fair offer under a multi-offer situation, subject only to building and pest inspection and secured the property due to our superior terms.

Why did the client engage us?

  • Sydney investors, very happy with their first purchase through Providence had capacity for a second purchase
  • We advised this Brisbane location and asset with outstanding fundamentals for both capital growth and growing income in the coming years.

Property highlights:

  • Oversized townhouse in complex of only two
  • Just 2.5km from CBD and walking distance to cafes, restaurants and Suncorp Stadium
  • Tenant secured to move in straight away and fantastic 4% yield achieved
  • Three bedrooms, two bathrooms and double garage plus large rear courtyard
  • Elevated street providing city glimpses
  • Quality local school catchment
  • Flood free land
  • Very solidly built and well maintained

Do you, or someone you know want an off-market and below-market purchase like this? Our on-the-ground Buyers Agents will get you one in Sydney, Melbourne, Brisbane, Perth, Adelaide, Canberra, Sunshine Coast, Gold Coast, Hobart.

CLICK HERE NOW TO FIND OUT MORE …

If you want to beat the market, you need the right professional team and that starts here ...

Lynton Stevenson
Director of Client Services

0401 252 550
lynton@providenceproperty.com.au

Jay Pace
Director of Corporate Network Development

0432 298 329
jay@providenceproperty.com.au

Wishing you happy and prosperous buying
The Providence Property Team

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