MArgate, QLD

CLIENT BRIEF

Purpose of Purchase: Investment

Property Type: House

Key Criteria:

  1. Location
  2. Potential for renovation
  3. Strong rental yield

Client Outcome

Key Positives:

  • Large 809sqm block – two titles.
  • In ground pool/covered accommodation.
  • Close proximity to waterfront.

A Successful Investment:

The clients were a young couple from Sydney looking to diversify their portfolio out of Sydney and into a cheaper market.  We ran a dual brief in Redcliffe and Brisbane and ended up securing a double block (already on two titles) off market through an agent relationship we had bought previously through.  The home was in good condition with an existing tenant in place.  The clients are planning to knock down the house and build two new homes sometime down the track and in the longer term.  They were very happy with the result!

 

Location

Margate, QLD