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INVESTOR PURCHASE OF THE MONTH

Enormous potential with this 678m² site located in a high amenity pocket. Long-term tenants secured PRIOR to settlement.

Highlights

  • Purchased June 2022, $941,000
  • Prime 678m² site with a 16.6 metre frontage
  • Less than 11 kilometres from Brisbane CBD
  • Walking distance to the train, local shops, schools and parkland
  • Post-war dwelling, meaning Local Planning permits demolition in the years to come
  • Future potential for subdivision and redevelopment
  • Internal upgrades making it immediately tenantable

How the deal happened:

  • Our BA had spotted this appealing property come to the market, but didn’t have an aligning buyer at the time
  • As soon as our new clients came on board, our BA knew their brief was a potential match
  • Lots of communication with the sales agent helped our BA gain insight into how the vendor had responded to previous offers made, and exactly where to pitch our offer
  • We had previously purchased through the listing agent, so they were very happy to work with us again and endorse our offer
  • The BA identified a list of improvements to enable future rentability and negotiated their inclusion

Why did the client engage us?

  • Our recognized criteria for identifying the best money-making properties
  • Busy lifestyle
  • Understanding the benefit of outsourcing to professionals
  • Accelerating and optimizing personal property results
  • Saving time and money
  • Leveraging professional expertise and networks

Property highlights:

  • Highly attractive both to tenants and owners
  • Potential tenants enquired about renting the property as soon as they saw the was property under contract
  • Long-term tenants secured prior to settlement
  • High growth suburb and property
  • Located within an area of high amenity
  • Immaculate landscaped yard (with vegetable patch and fruit trees)
  • Upgraded kitchen, laundry and floor coverings
  • Split-system air conditioning units throughout
  • Detached, colorbond shed with double carport too
  • Future potential for subdivision and redevelopment

Do you or someone you know want an off-market or pre-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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