Margate, QLD

CLIENT BRIEF

Purpose of Purchase: Investment

Property Type: House

Key Criteria:

  1. Capital Growth
  2. Rental Yield
  3. Low Maintenance

Client Outcome

Key Positives:

  • Fully renovated home to an above average standard
  • Low maintenance block of land
  • Excellent storage and off – street covered car parking
  • Good depreciation due to the renovation despite being an older home
  • Close proximity to beach, shops and transport

A Successful Investment:

Our client was a young single mother, who was purchasing the property as her very first investment. We managed to source and secure this property within a week of it coming to market in a multiple offer scenario with 6 other offers (7 including ours). We were able to get our clients offers over the line as we had offered the superior contract conditions. The second highest offer was at the exact same dollar figure as ours, this gave us confidence to know the other interest was at the same price. The property was purchased 50k under our clients budget and represents an ideal set and forget style investment. Our client was very happy with the outcome.

Location

Margate