Purpose of Purchase: Investment (interstate investor)
Property Type: House
- Capital growth
- Low maintenance
- Elevated position
- North/East Facing
- Opposite small café and shops
- High demand pocket of My Gravatt East
- Cavendish Rd State High School Catchment Zone
- Downstairs legal height (rare)
- Low vacancy rate (2.2%)
A Successful Investment:
We were able to inspect the property before the first open home to provide our client time to review the property. The property had multiple offers post the first open home however due to our finance pre-approval and agent relationship, we were able to gain insight into competitive offers and put forward better contract terms.
We were able to secure the property for $6,000 less than a competing offer due to these terms. We also offered a lease back to the current owners for 12 months which they were keen to accept which has meant zero vacancy for our clients.
PMC City Profile: View more information about Brisbane here
PMC Region Profile: View more information about Brisbane’s Southern Suburbs here