Purpose of purchase: Investment – living in later on
Property type: Post-war home (4Beds + 1Bath +2 Car parks)
Land size: 812m² corner block

Property features:

• Large family home on a double block
• Doorstep of 4 local schools incl. St Peters Lutheran College
• Elevated position taking in views and breezes

Budget：/
Purchase Price: $1,610,000 (Purchase prior auction)
Purchased on: Jun 2021

Yield and rental info: Great potential for future development

How this purchase met the clients brief: 

• Potential on: remove and build on each lot, retain and renovate/extend/build under, realign boundary for a block at the rear
• Within Indooroopilly school catchment or one of the popular private school St Peters Lutheran College
  

【Secured Before Auction】
Client did not want to miss out on this great opportunity to either rebuild a brand new home for herself or redevelop two brand houses on a prime location and resell them. We successfully secured this property just prior to the auction