First Time Investment Property: Secured in 2.5 Weeks
After six months of searching, my client was running out of time with his pre-approval due to expire. With a clear vision in mind, I set out to find a property that would not only meet but exceed his expectations.
Client Requirements:
- Minimum: 3 Bed, 1 Bath
- Brick Construction
- Within 25km of the CBD
- Low Maintenance with Functional Outdoor Space
- Yield: 3.5% – 4%
- Budget: $850,000
Property Secured in 2.5 Weeks:
- Specs: 4 Bed, 1 Bath, 15km to CBD
- Purchase Price: $767,600
- Yield: 5.5% – 6%
- Valuation: $895,000 (+16% growth in the first year!)
This property offers fantastic value in a family-friendly neighborhood, positioned on a low-maintenance 541sqm block with everything my client was looking for and more.
Key Features:
- Outdoor Space: Fully fenced grounds with low-maintenance lawns, a single garage, side access, and additional parking for a boat, caravan, or trailer.
- Energy Efficiency: Equipped with solar panels and a rainwater tank.
- Spacious Living: Two separate, light-filled living areas, ideal for family gatherings and relaxation.
- Modern Kitchen: Features wrap-around countertops and stainless-steel appliances, providing a sleek and functional cooking space.
- Comfort and Convenience: Includes split-system air conditioning, ceiling fans, roller blinds, downlights, and timber laminate flooring throughout.
- Additional Amenities: Family bathroom with a shower, tub, separate powder room, and a dedicated laundry with linen storage.
- Outdoor Entertaining: Covered patio perfect for gatherings and enjoying the outdoors.
Prime Location Highlights:
- Surrounded by leafy parklands like Silverdale Reserve, Bulimba Creek, and Hemmant Park & Playground.
- Close to shopping centers such as Cannon Hill Shopping Centre and Wynnum Plaza.
- Within school catchment areas for Tingalpa State School and Brisbane Bayside State College.
- Just 15km from Brisbane CBD, 13km from Brisbane Airport, with convenient access to public transport options, including Hemmant Station.
This property not only exceeded my client’s requirements but also positioned him for substantial first-year growth, making it the perfect investment for both immediate returns and long-term value.
