Kippa-Ring, QLD

CLIENT BRIEF

Purpose of Purchase: Investment 

Property Type: House

Key Criteria:

  1. Quiet location
  2. Good level of natural light
  3. Possible to add value through cosmetic renovations
  4. Close proximity to transport, shops and schools
  5. Low vacancy rate
  6. Strong growth prospects

Client Outcome

Key Positives:

  • Good size, solid brick dwelling.
  • Low maintenance, useable fully fenced allotment.
  • Strong rental yield, 5.0% gross.
  • Potential to add value.
  • Very close proximity to shops, parks, schools and new train station

A Successful Investment:

The client secured a solidly built family home that’s was within a 5 minutes’ drive to the new Kippa Ring Train Station.  We secured the property in a multiple offer scenario and at a lower price than the other interested parties due to have stronger contract conditions.

Post negotiations, the agent had another buyer look through the property and they submitted a back-up offer which was over $10,000 higher than the price we had negotiated for our client.

This was a great result for our client to secure a set and forget style low maintenance investment and at a lower price than what other buyers were prepared to pay.

 

Location

Case Study Name