Purpose of purchase: Investment – living in later on

Property type: Post-war home (4Beds + 1Bath +2 Car park)

Land size: 812m2 corner block

Budget：/

Purchase Price: $1,610,000 (Purchase prior auction)

Purchased on: Jun 2021

Yield and rental info: Great potential for future development

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

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
  

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