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Bracken Ridge

Investment Purchase - Bracken Ridge

Purpose of Purchase: Investment
Property Type: Low set brick home (3Beds + 1Bath + 2Car park)

Land Size: 719m2 

Property Feature:

  • Three comfortable bedrooms, a modern bathroom, and an air-conditioned living room 
  • It comes equipped with solar panels, gas cooktop, and a backyard BBQ area.
  • Fully fenced spacious backyard making it an ideal spot for outdoor entertainment and relaxation

Budget:Around $700,00 – $800,00
Purchase Price: $818,000
Purchased on: Oct 2023

Yield and rental info:
Leased at $600/week
Rental yield on purchase of 3.8%
Based on last year of sales, Bracken Ridge has achieved a 18.4% capital gain.

How this purchase met the clients brief:

  • Future capital growth
  • Convenient to public transport
  • Within 20KM distance from CBD

𝙃𝙞𝙜𝙝𝙚𝙭𝙥𝙚𝙘𝙩𝙖𝙩𝙞𝙤𝙣 𝙘𝙡𝙞𝙚𝙣𝙩 𝙛𝙞𝙣𝙙𝙨 𝙖 𝙝𝙞𝙜𝙝𝙦𝙪𝙖𝙡𝙞𝙩𝙮 𝙥𝙧𝙤𝙥𝙚𝙧𝙩𝙮】

The client, while in Hong Kong, had already contacted me. He’s an experienced engineer, highly knowledgeable about home construction and structure, so he decided to fly in to Brisbane to buy his first investment. As he planned to stay in Brisbane for just a month, his requirement is to purchase a desired property within this time frame. Although the purchased property is for investment purposes, he also hopes to potentially reside in it in the future, so he has specific criteria for this property.

Having already identified the type of property preferred by the client, I initially curated several options for their inspection. Fortunately, upon viewing the second property, the client was immediately captivated. It perfectly matched their criteria, boasting a low-set brick design, situated in a potential growth area, and offering a generous land size. Interestingly, the inspection coincided with heavy rain and strong winds, despite Brisbane’s usual sunny climate. While rain can be detrimental, typically we prefer inspecting properties on clear days to showcase them in optimal condition. However, inspecting during adverse weather, though inconvenient, can unveil unique advantages.

𝙒𝙝𝙖𝙩 𝙖𝙧𝙚 𝙩𝙝𝙚 𝙖𝙙𝙫𝙖𝙣𝙩𝙖𝙜𝙚𝙨 𝙤𝙛 𝙞𝙣𝙨𝙥𝙚𝙘𝙩𝙞𝙣𝙜 𝙖 𝙥𝙧𝙤𝙥𝙚𝙧𝙩𝙮 𝙤𝙣 𝙖 𝙧𝙖𝙞𝙣𝙮 𝙙𝙖𝙮?】

Rain can reveal potential issues like leaks and drips, helping us assess the property’s waterproofing. Simultaneously, it provides insights into the external drainage system, checking for blockages in gutter drainage pipes and underground water channels, as well as any pooling in the surroundings such as the garden.

The outcome showed that this property, meticulously maintained by the previous owner, is in excellent condition. Seeing the client’s satisfied expression, I once again feel that everything was worthwhile!

【高要求客人買到高質物業】

今次的客人身在香港時已經聯絡了我。他是一位經驗豐富的工程師,對房屋建築和結構都十分熟悉,所以決定親自來Brisbane 跟我一起視察房屋。由於他只打算在Brisbane逗留一個月,他的要求是在這段時間內買到心儀的物業。雖然購買的房屋是作為投資,但他也希望日後或會過來自住定居,所以他對這間屋有特定的要求。

考慮到客人已經確定了喜好類型的房屋,我一開始就為他篩選了幾間物業進行視察。非常幸運,在看到第二間屋時,客人立即「扑鎚」了, 因為除了在一個有potential升值潛力的區外,由於客人特別喜愛磚屋,而且更是單層平房,滿足了客人的要度。在Inspection當天剛巧遇上狂風大雨,雖然Brisbane大多時候都是天氣晴朗,但一旦落雨卻可以很嚴重。我們通常在好天氣下睇屋,看到的是間屋的最佳狀態,在下雨天睇屋雖然可能會較唔方便,卻可以帶來某些獨特優勢。

【落雨睇屋有什麼優勢?】

落雨可以顯露間屋可能存在的漏水和滴水問題,可以幫助我們看到房屋的防水狀況。同時,也可以知道屋外的排水系統,例如簷篷的排水管和地下去水渠有沒有淤塞,屋外周圍例如花園有沒有積水等等。

結果顯示,這間屋經過前業主悉心打理後保養得十分好。看見客人滿意的表情,我又再次感到一切都是值得的!

Address:
2/24 Vanessa Boulevard, Springwood QLD 4127

Phone: +61 411 523 415