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Strong relationship with selling agent ensured we secured this rough diamond prior to it hitting the market with no competing offers.


  • Purchased May 2022, $910,000
  • Solid, well-built, low-maintenance, low-set brick and tile dwelling
  • Large 704 square metre site in a quiet cul-de-sac position
  • Just 11kms from Brisbane CBD
  • Opportunity for cosmetic upgrades

How the deal happened:

  • We found this property off-market through our agent networks
  • Early intelligence allowed us to inspect the property before anyone else
  • Our Buyers Agent was able to see past the current presentation of the property and identify the potential
  • We had the property under contract before it hit the online platforms
  • Negotiated price below market value

Why did the client engage us?

  • Negotiated price below market value
  • Proven past performance in sourcing high growth properties in high growth suburbs
  • Experience navigating negotiations
  • The professionalism of our Brisbane Team and our clients’ trust in our Buyers Agents background as Valuers
  • Turn-key solution utilizing the support of our Buyers Agent the whole way through the process from brief to settlement and letting, including support in delivering cosmetic upgrades

Property highlights:

  • Low-maintenance, single level, brick dwelling
  • 4 bedrooms, 2 bathrooms, 2 separate living areas
  • Covered rear patio area overlooking rear yard
  • Good family area of high amenity
  • We suggested cosmetic upgrades of new internal paintwork and replacing carpets
  • This amounted to an outlay of less than $10,000
  • Prior to these upgrades, the property had a rental assessment of $650 per week, equating to a 3.7% yield
  • Following the re-painting and re-carpeting, a tenant was secured in less than 24 hours for $795 per week, equating to a yield of 4.5%

Do you have a client or does someone you know want an off-market and below-market purchase like this? Our Buyers Agents will get you one in Sydney, Melbourne, Brisbane, Sunshine Coast, Perth, Canberra, Adelaide.


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

Jay Pace
Director of Corporate Network Development

0432 298 329

Wishing you happy and prosperous buying
The Providence Property Team

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