Purpose of purchase: Investment

Property type: Modern family home (5beds + 2spacious living rooms + 3Baths + 2Carparks)

Land size: Elevated 424m2 block

Budget：$1.2 mil – $1.25 mil

Purchase price: $1,200,000

Purchased on: Aug 2021

Yield and rental info:
Leased at $750/week
Rental yield on purchase of 3.25%
Based on last year of sales, Tarragindi has achieved a 43.5% capital gain.

Property features:

• Positioned to enjoy a prime northern easterly aspect
• Gourmet kitchen displays stone benches and gas stove
• Modern bathrooms cater for a growing household/guests
• Covered patio flows to private low maintenance garden
• Study area, climate control, alarm and double garage

How this purchase met the clients brief:

• Close to CBD
• High capital growth suburb
• Reliable transports to CBD

This client was looking for good capital growth, close to the city, to make her first investment. Due to her very busy working life, she was unable to drive back and forth to Brisbane every week to look at houses. Therefore, she needed professional assistance. After searching for a few months and making a couple of unsuccessful attempts at buying a property, she decided to appoint us as her buyer’s agent. We helped her understand the process of buying a property and also inspected properties on her behalf to ensure they met her requirements. She was very satisfied with this purchase.