Southport, Gold Coast, QLD

CLIENT BRIEF

Purpose of Purchase: Investment initially – owner occupier in the future

Property Type: House

Key Criteria:

  1. Close proximity to The Southport School (within 10 minutes)
  2. Blue chip location
  3. Potential to add value through renovation
  4. Potential to remove the house and build new
  5. Close to the water and park lands

 

Client Outcome

Key Positives:

  • 4 bedroom two level brick home with in-ground swimming pool
  • Premium location – close to a number of good schools
  • Close to beaches, Café precinct & Surfers Paradise
  • Gated double carport
  • Near Regatta Beach

A Successful Investment:

Hong Kong based investors who plan on moving back to the Gold Coast in a few years’ time to put their children through TSS (The Southport School), which is the most prestigious private boys’ school on the Coast. Naturally, the clients wanted a property no more than 10 minutes’ drive from the school.

The property was purchased with a tenant in place paying $575 per week which should provide a decent holding income until the clients are ready to return to the country. Potential for the clients to renovate the property before occupancy or remove the existing improvements and build a brand new family home.

 

Location

Southport, Gold Coast