Case Study – Outer Ring House Purchase
Price: ~$380k to $420k
Rental Return: $370-$390/week
Location: Northern Growth Corridor of Brisbane 20-25km from the CBD
This client had a budget of up to $450k and was not familiar with Brisbane so asked us for recommendations for good investment locations. He was targeting a house on a decent block, in good condition and with possible future development potential.
We advised the client of an excellent suburb in the Northern part of Brisbane which would suit his criteria well. After a few weeks search we secured this highset 3 bedroom 1 bathroom house, on a >600m2 block of land, with multiple living areas and with some potential for future development. It has a large backyard, double garage and is well located near schools, shops and transport.