This interstate investor wanted to diversify into the Queensland market, with the ability to renovate and add instant equity along the way. With limited knowledge of the local market, the priority was finding an independent buyers agent who could be trusted to secure the right asset.
Blue Key negotiated the purchase under the median price range for the suburb, north of Brisbane, on a large block of land with potential to subdivide down the track. The Kallangur property was tenanted prior to settlement, so there was no gap in rental income from day one.
With low vacancy rates in the area and scope to add value through cosmetic renovations, it is a purchase built for both immediate cash flow and long term upside.
The Result:
- Purchase price of $720,000
- Secured under the median price range for the suburb
- Property secured within 4 weeks of onboarding
- Tenanted prior to settlement
- Large block with potential to subdivide
- Low vacancy rates in the surrounding area
What We Can Help With.
Where we bought
Kallangur, North Brisbane
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what we provided
Complete Property Buying Service
From the moment we connect to the final settlement, we look after every step of the house hunting and purchasing process.
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What We Helped With
Investment Property Buying
Helping Australians find, negotiate and secure the right investment property.
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